MCA Financial Group advised a leading regional construction and infrastructure services company following an unsolicited acquisition proposal from a private equity firm pursuing a broader consolidation strategy within the industry. The client, a long-established provider of asphalt paving and maintenance solutions, engaged MCA to evaluate the offer, assess valuation and structure, and manage a complex transaction process under a compressed timeline. The engagement required both strategic perspective and technical precision—balancing financial, operational, and legal considerations to achieve a result that protected ownership’s interests and positioned the business for continued success under new investment.
MCA’s role encompassed a full suite of sell-side advisory services, including evaluating the buyer’s initial proposal, negotiating key deal points, and coordinating the due diligence process across multiple workstreams. The team advised ownership on transaction structure and valuation mechanics, prepared detailed financial analyses and supporting documentation, and worked closely with legal counsel to ensure alignment between financial and legal deliverables.
The firm also supported negotiations around EBITDA adjustments, working capital, and other financial considerations, ensuring the company’s true earnings potential was accurately represented in the final valuation and value ultimately realized by the sellers.
In addition to transaction economics, MCA advised on post-closing employment and integration matters. The buyer intended to fold the business into a growing regional platform, creating the need to align compensation, performance expectations, and governance terms in a way that balanced continuity with fairness. MCA’s involvement helped structure an arrangement that supported both parties’ objectives and laid the groundwork for a smooth transition.
Despite a demanding schedule and numerous complexities, the process concluded efficiently and on favorable terms. The transaction achieved a fair valuation, optimized the seller’s working capital position, and provided a clear path for continued operational leadership under new ownership. The client’s goals—timely execution, value preservation, and a seamless transition—were met and, in several respects, exceeded.
This engagement underscores MCA Financial Group’s ability to deliver disciplined, high-touch M&A advisory services in non-distressed environments. The team’s combination of financial acumen, process management, and pragmatic negotiation ensured a successful outcome, reflecting the firm’s commitment to clarity, precision, and client advocacy throughout every stage of the transaction.
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