DENVER--(BUSINESS WIRE)--D.A. Davidson & Co. announced today that it served as exclusive financial advisor to United Insulated Structures Corp. (“UISC”), a national leader in design-build construction of cold storage facilities and food processing installations across the United States, in its sale to Power Construction Company, LLC.
Founded in 1966, UISC is a privately held, specialized design-build contracting firm with experience constructing over 2,000 building installations and millions of square feet nationwide.
“The addition of UISC’s specialized, market-leading capabilities in the temperature controlled industrial building sector to Power Construction forms a tremendous pairing,” said Tim Sznewajs, Managing Director and head of diversified industrials investment banking at D.A. Davidson. “I’d especially like to congratulate the principals of Power Construction and UISC for maintaining their focus on this transaction during the challenges brought about by COVID-19. I’m confident of the strategic value of this transaction, and the enhanced market opportunities it will create for both organizations.”
This transaction highlights the continued success of D.A. Davidson’s Engineering & Construction practice, further demonstrating the firm's position as the leading advisor to the infrastructure services sector.
D.A. Davidson’s investment banking division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across five industry verticals: consumer, diversified industrials, financial institutions, real estate and technology.
Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International.
About D.A. Davidson Companies
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 and headquartered in Montana, with corporate offices in Denver, Los Angeles, Portland and Seattle, the company has approximately 1,400 employees and offices in 26 states.
Subsidiaries include: D.A. Davidson & Co., the largest full-service investment firm headquartered in the Northwest, providing wealth management, investment banking, equity and fixed income capital markets services and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment adviser providing fixed income portfolio and advisory services.
For more information, visit dadavidson.com.