Sector · Construction

The investment bank
for selling your
construction company.

Carleton McKenna & Co advises owners of general contractors, specialty contractors, environmental services firms, and infrastructure businesses on sell-side M&A and capital advisory engagements.

Why Owners Choose Us

Buyers underwrite
construction differently.

Construction businesses live or die on backlog quality, bonding capacity, contract structures, workforce continuity, and the visibility of forward revenue. Generic M&A advisors often miss these subtleties. We do not.

Director Chuck Fenske leads our construction sector advisory. He is a Certified Valuation Analyst with deep experience at Pepper Construction, Knoch Construction, and Houlihan Capital, where he led the Cleveland office. He brings construction-native fluency to every engagement.

Backlog presentation. Quality, age, margin, and customer concentration of backlog are critical valuation drivers. We frame them in ways acquirers can act on.
Bonding and surety positioning. Bonding capacity and program limits matter to financial buyers. We translate these into concrete competitive advantages.
Workforce continuity. Skilled labor retention is a top-three diligence question. We anticipate and answer it before it becomes a price-eroding issue.
Strategic and PE access. We have direct relationships with the active strategic and financial acquirers focused on construction across the U.S.
Select Recent Construction Transactions

Track record, not
marketing claims.

01
McClintock Electric
Electrical Contracting
Sell-Side M&A
02
Emerald Built Environments
Construction & Environmental Services
Sell-Side M&A
03
CIG & Sharpe Engineering
Engineering & Project Management
Sell-Side M&A
04
Lafarge Pavement Marking
Specialty Trades
Sell-Side M&A
05
Reliable Construction Heaters
Construction Equipment
Sell-Side M&A
Considering selling your
construction business?

Start with a confidential conversation. We will share what buyers are paying for companies like yours and what your path to closing looks like.

Speak With Us