Transaction Summary
McColl Partners, LLC acted as financial advisor to RT Dooley Construction Company ("RT Dooley" or the "Company") in its sale to Balfour Beatty Construction, a division of U.K.-based Balfour Beatty plc ("Balfour Beatty"), a global construction, engineering, and investment services business with more than $14 billion in annual revenue.
RT Dooley, a family-owned firm with 2008 revenue of $306 million, specializes in corporate headquarters, corporate interiors, and mission-critical infrastructure. With the completion of the acquisition, RT Dooley blends its own expertise with Balfour Beatty Construction's experience in exterior core and shell construction, advancing Balfour Beatty's goal of becoming a single source solution for global clients.
About RT Dooley Construction Company
RT Dooley, headquartered in Charlotte, N.C., is one of the premier construction managers in the Southeast, creating success for clients through strict adherence to excellence, professionalism and unmatched service. RT Dooley specializes in corporate headquarters, corporate interiors, and mission-critical infrastructure work, and is known for its award-winning focus on green building practices and deep community involvement. More information about RT Dooley can be found at www.rtdooley.com.
About Balfour Beatty Construction
Balfour Beatty Construction has been a leader in the U.S. commercial construction industry for 75 years, providing general contracting, at-risk construction management, design-build, preconstruction, public/private, and turnkey services for clients nationwide. Balfour Beatty Construction employs 1,600 professionals and is part of London-based Balfour Beatty plc, a leading international engineering, construction, and investment business with more than $14 billion in annual revenue. More information about Balfour Beatty can be found at www.balfourbeattyus.com.
About McColl Partners, LLC
McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies. With significant experience working with entrepreneurs, family-owned businesses, private equity groups, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.
For more information about our Industrials and Building Products Group, please contact Brad Winer at (704) 333-0525. More information about McColl Partners can be found at www.mccollpartners.com.