ACT Capital Advisors, in partnership with Generational Equity, is pleased to announce the sale of their client, Harmsen & Associates, Inc., to Fremont-Wright, LLC. The acquisition closed October 19, 2018.
Harmsen & Associates provides land surveying, land use planning, civil engineering, and construction staking. The company is headquartered in Monroe, WA, and was founded in 1974. Harmsen now provides services from four offices across the state. Having grown through acquisitions in 2007, 2011 and 2016, Harmsen’s rich survey records archive now includes those of Leonard, Boudinot & Skodje; Fakkema & Kingma; Meriwether Leachman Associates; and Evergreen Surveying.
Fremont-Wright LLC is a holding company based in Memphis, TN, and specializes in aerial and land survey, as well as civil and structural engineering. Its companies – Triton Engineering, I.F. Rooks and Colbert Matz Rosenfelt – also offer services such as photogrammetry, environment management, volumetric services and utility design. Fremont-Wright serves the institutional, mixed use, commercial and residential industries.
Generational Equity Senior Managing Director Stephen Crisham’s team, led by trusted affiliate Steve
Spencer and assisted by Managing Director Mike Meredith, successfully closed the deal. Executive
Managing Director Edward Weber established the initial relationship with Harmsen & Associates.
“Harmsen & Associates has built a stellar reputation in the Puget Sound area as the civil engineering and surveying company that is known for putting the customer first, being passionate about exceptional value
and quality, and ‘if you want the job done right, go to Harmsen’ ”, said Spencer.“Fremont-Wright quickly recognized the opportunity to integrate Harmsen & Associates’ skill sets and culture into their national platform. We are excited for both the buyer and seller and truly expect a very successful future as
together they take the business to the next level of performance on a national scale.”
ACT Capital Advisors, LLC is a leading Mergers & Acquisitions (M&A) firm that represents lower-middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise. ACT’s technology practice provides guidance for IT Services and Specialized SaaS firms (Fintech, Adtech) who want an optimal exit. For more information, please visit their website at https://actcapitaladvisors.com.
About Generational Equity
Generational Equity, DealForce, Generational Talis Wealth Advisory, and Generational Capital Markets, member FINRA/SIPC, are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America. With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services. The M&A Advisor named the company the 2016, 2017 and 2018 Investment Banking Firm of the Year. For more information, visit https://www.genequityco.com/ or the Generational Equity Press room.