FMI Advises Electric Power and Mechanical Contractor Hooper Corporation on Acquisition of Premier Energy Services
DENVER, July 18, 2018 /PRNewswire/ -- FMI Capital Advisors Inc., a subsidiary of FMI Corporation, is pleased to announce the acquisition of Premier Energy Services ("Premier") by Hooper Corporation ("Hooper"). FMI Capital Advisors acted as the exclusive financial advisor to Hooper for this transaction.
Hooper, based in Madison, Wisconsin, is a full-service electric power and mechanical contractor. Hooper engages in electrical power overhead line, substation, underground electrical construction and line clearance work. The company also offers extensive mechanical contracting services, including plumbing and plumbing services, process and power piping, fire protection, custom metal fabrication and HVAC. Hooper is capable of performing projects throughout the U.S. and Canada. For more information, visit Hooper's website at www.hoopercorp.com.
Steve Lindley, Vice President of Operations at Hooper, commented, "FMI provided us with valuable guidance throughout the transaction by sourcing and evaluating the opportunity, providing thoughtful analysis, and assisting with due diligence. We look forward to working with John Stenger, CEO and President of Premier, as we expand our capabilities to include natural gas distribution work and strengthen our service offerings for our core markets in the central U.S."
This acquisition provides Hooper a platform to deliver natural gas construction, maintenance and engineering services that complement Hooper's electric power offerings to customers in the central U.S.
Premier is a natural gas distribution contractor with extensive capabilities in new and replacement construction, service and maintenance, engineering and design, and master meter construction and maintenance services. The Company primarily operates in Ohio, Kentucky and Indiana. Premier is headquartered in Lawrenceburg, Indiana. near Cincinnati with an additional office in Fairborn, Ohio. Premier was founded in 2002 and has 129 highly trained employees. For additional information, visit Premier's website at www.premierenergyservices.com.
About FMI Capital Advisors:
FMI Capital Advisors, a subsidiary of FMI Corporation, is the leading investment banking firm serving the construction industry. With over 700 completed M&A transactions in construction, our industry focus enables us to provide our clients with valuable insight and advice. Clients gain access to our unparalleled network of industry contacts and relationships, deep market knowledge and technical expertise, based on decades of experience.
FMI Capital Advisors Contacts:
Ryan Foley, Managing Director |
Dan Shumate, Director |
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303-398-7202 |
919-785-9266 |
About FMI Corporation:
For over 65 years, FMI has been the leading management consulting and investment banking firm dedicated exclusively to engineering and construction, infrastructure and the built environment. FMI serves all sectors of the industry as a trusted advisor. More than six decades of context, connections and insights lead to transformational outcomes for clients and the industry. FMI helps you build your foundation for tomorrow and optimize your business for today. Industry Focus. Powerful Results.
SOURCE FMI Corporation
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