Madison Street Capital advises Dowco Group of Companies on its sale to DeSimone Consulting Engineers
AUSTIN, Texas, Jan. 17, 2023 /PRNewswire/ -- Madison Street Capital, an international investment banking firm, served as exclusive advisor to Dowco Group of Companies on its sale to DeSimone Consulting Engineering D.P.C., a leading full-service global engineering firm in New York City that works with architects, owners, and developers, and performs structural analysis and design for all types of buildings at all project phases. Charles Botchway, CEO of Madison Street Capital, announced that Jay Rodgers, Senior Managing Director led the Madison Street Capital team. Terms of the transaction were not disclosed.
Dowco Group of Companies is a global leader in specialized preconstruction modeling, detailing, building information modeling (BIM) and virtual design and construction (VDC) services. Dowco specializes in providing integrated Steel, Mass Timber and Rebar Detailing on major projects located throughout North America.
"DeSimone Consulting Engineering D.P.C.'s business aligns nicely with Dowco Group of Companies' growth strategy," said Dowco Group of Companies President & CEO, Ewen Dobbie. "As long-time advocates for engineers and detailers working collaboratively in a connected digital construction environment, we applaud DeSimone for its commitment to reducing project risk, rework, and producing better project outcomes for its clients," Dobbie added.
Jay Rodgers, Senior Managing Director of Madison Street Capital, who led the engagement, commented: "It's been a pleasure working with Ewen over the last decade. This was the 4th successful transaction Madison Street Capital has supported Ewen Dobbie – a serial entrepreneur and Business Strategist – in completing. I'm sure it won't be the last."
Madison Street Capital is an international investment banking firm committed to integrity, excellence, leadership and service in delivering corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. These services position our clients to succeed in the global marketplace. In undertaking each new project, the client's goals and objectives become ours, ranging from financial advisory and successful capital raises to M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core component driving the global growth of our clients and will continue to focus significant assets on these markets. Our firm has earned the trust of clients around the world through our unwavering dedication to the highest levels of professional standards. For additional information, please visit www.madisonstreetcapial.com
DeSimone Consulting Engineering provides leading structural engineering, façade consulting, and forensic, and construction consulting services for all types of buildings. Founded in New York City in 1969, DeSimone is known for providing each client with personal, dedicated, and inspiring engineering solutions. Technology, communication, and responsiveness are key strengths that differentiate DeSimone from its competition and facilitate the firm's commitment to exceptional service and engender the creation of a better-built environment. With offices in U.S. Canada, South America, Asia, U.K. and the Middle East, DeSimone has designed over 10,000 projects in 55 countries.
Since Dowco Group's 1970 founding, the British Columbia-based firm has become a global leader in specialized preconstruction modeling, detailing, building information modeling (BIM) and virtual design and construction (VDC) services. Dowco specializes in providing integrated Steel, Mass Timber and Rebar Detailing on major projects located throughout North America.
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SOURCE Madison Street Capital
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