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RALEIGH, N.C., Dec. 21, 2020 /PRNewswire/ -- FMI Capital Advisors, an investment banking firm dedicated to construction, engineering and other sectors of the built environment, today announced the acquisition of Donley's, Inc.'s Construction Management Business ("Donley's") by DiGeronimo Companies ("DiGeronimo"). The company, to be known as Donley's IC as part of Independence Construction, expands DiGeronimo's capacity and diversifies its portfolio by creating one of the largest and most capable CM businesses in Northeast Ohio. FMI Capital Advisors served as the exclusive financial advisor to Donley's Inc. for this transaction, which closed on October 1, 2020.
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FMI Advises EV Infrastructure in Acquisition by White Deer Energy
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DENVER, Dec. 16, 2020 /PRNewswire/ -- FMI is pleased to announce that Renewable Energy Infrastructure Group's electric vehicle infrastructure design-build business ("EV Infrastructure" or "the Company") has been acquired by White Deer Energy ("White Deer"). FMI Capital Advisors served as the exclusive financial advisor to EV Infrastructure and Renewable Energy Infrastructure Group, a portfolio company of funds managed by Oaktree Capital Management, L.P., for this transaction.
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EV Infrastructure is a leading provider of electric vehicle infrastructure engineering and construction services, primarily to commercial fleet operators. Founded in 2012, the Company is focused on the engineering and construction of level 2 and level 3 high power fast-charging stations, which typically serve utility, commercial and municipal applications. EV Infrastructure is an experienced provider of turnkey electric vehicle infrastructure installation solutions from inception to commissioning, which includes design/consulting in the planning phase to installation management services in the execution phase.