M&A, ESOP and Valuation Resources

PCE Advises MMC Corp on Second Acquisition in 2016

Written by Mike Rosendahl | November 08 2016

RIDGEWOOD, NJ - MMC Corp recently announced the acquisition of Building Control Services, a building automation and service provider located in Reno, NV. With a strong reputation in Northern Nevada for its digital controls installations, service, and system optimization capabilities.

Building Control Services brings additional technical expertise to the MMC Corp family of companies. PCE Investment Bankers served as financial advisor to MMC Corp. This is the second transaction PCE has helped MMC Corp close in 2016.

“We are extremely excited about bringing Building Control Services into the MMC Corp family. As a controls and building automation expert, their experience complements our commercial and mechanical construction portfolio, allowing us to offer even more services and expertise to our clients. We pride ourselves on fostering a great culture and employing the best in the business, and Building Control Services certainly exemplifies both of those important qualities. We are confident the Northern Nevada region will provide growth and opportunities for MMC Corp and Building Control Services,” said Tim Chadwick, President and CEO of MMC Corp.

PCE’s Michael Rosendahl stated “Building Control services is an excellent addition to MMC Corp. MMC Corp’s capabilities and geographic presence have been enhanced by this acquisition. All parties should see significant long-term benefits from this combination.”

Will Stewart of PCE added “MMC has been a leader in the ESOP community for a long time and by continuing to grow their organization they’re ensuring the continued growth of employee ownership to benefit their employees as well as those of BCS.”

MMC Corp’s Chadwick continued “PCE continues to be a strong partner throughout the acquisition process. We value their advice and assistance.”

About MMC Corp: Founded in 1932, MMC Corp is based in Overland Park, Kansas, and operates as a national commercial construction services company with three core brands: MW Builders, MMC Contractors, and Countywide Mechanical Systems. MMC Corp is a 100% employee-owned organization with 1,200 employees nationwide. Find out more at www.mmccorp.com.

If you have comments or questions about this article, or would like more information on this subject matter, please contact us.

 

Michael Rosendahl, Shareholder

Investment Banking

mrosendahl@pcecompanies.com
New York Office

407-621-2100 (main)
201-444-6280 Ext 1 (direct)

407-621-2199 (fax)