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Benchmark International Successfully Facilitated the Transaction Between Williams Testing LLC and Primoris Services Corp

Posted on September 15, 2014 By

The M&A specialist, Benchmark International has successfully negotiated the sale of Williams Testing LLC to Primoris Services Corp. (NASDAQ: PRIM).

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Williams Testing, located in Sarasota, FL, has been servicing the local and regional market since 1979.  The company provides trenchless solutions for underground sewer and storm pipes. In addition, Williams Testing provides pipe cleaning, pipe testing and CCTV inspection services to the new construction industry.

 

Primoris Services, established in 2004, is one of the largest construction service enterprises in North America.  The company utilizes its affiliates to deliver superior services to clients.   

 

In the third quarter of 2014, Primoris Services acquired three companies’ net assets.  One of the three companies acquired was Williams Testing.  According to Primoris Services’ Form 10-K, for yearend December 31, 2014, the value of the three companies acquired during third quarter 2014 totaled a value of $8.2M. 

 

Benchmark International enjoyed working with both parties and wishes them both the best of luck. 

Schedule A Call

 

Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com

Europe: Michael Lawrie at +44 (0) 161 359 4400 / Enquiries@BenchmarkIntl.com

Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com 

ABOUT BENCHMARK INTERNATIONAL

Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximizing solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $8.25B across various industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 14 offices across the world, have assisted thousands of owners with achieving their personal objectives and ensuring the continued growth of their businesses.

Website: http://www.benchmarkintl.com
Blog: http://blog.benchmarkcorporate.com

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Deal Completion Sizes William Testing2

 

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