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Iron Mountain’s ITAD Acquisitions: Strategic Move or Risky Business? The recent news stories of Iron Mountain acquiring the Irish firm Wisetek have created a head-scratching moment. First, there was no corporate communication on this. Neither Iron Mountain nor Wisetek issued a press release that I could find. It's a bit unsettling because apart from three news outlets that reported about it, including an obscure French site, there is no mention anywhere about the acquisition. If there is some press release, please share the link. Setting that aside, as I probed a number of executives in the #ITAD space, the general reaction has been: Are we seeing another Arrow in the making? However, it would be naïve to believe that the purchase of three ITAD-related entities could, in itself, spell doom, as some believe. Iron Mountain certainly has its work cut out in terms of integration, optimization and messaging, but there are plenty of opportunities ahead to properly leverage its three ITAD units as 2025 is quickly approaching. My thoughts here (free access): https://lnkd.in/egqzWS_6

Building Products Bulletin 🏗️ 📍 Carlisle Companies Inc. has acquired MTL Holdings, a provider of prefabricated edge metal and non-insulated wall systems, from GreyLion Partners for $410 million in cash. MTL specializes in high-performance perimeter edge metal systems and architectural wall panels, generating $132 million in revenue for the twelve months ended Feb. 29, 2024. The acquisition aligns with Carlisle's strategy to focus on building products, enhance innovation, pursue synergistic mergers, attract top talent, and meet sustainability goals. It is projected to incur $13 million in costs over three years and contribute approximately $0.60 to adjusted earnings per share in the first full fiscal year. 📍 White Cap, backed by Clayton, Dubilier & Rice (CD&R), has acquired Dayton Superior Corporation, a leading provider of concrete construction supplies. This acquisition aims to strengthen White Cap's position in the construction industry by enhancing its product offerings and expanding its market reach. #buildingproducts #buildingproductsnews #rawselection

Land Acquisition When delving into land acquisitions, it becomes evident that finding a parcel free of risks and laden with advantages is a rare feat. What makes a difference is your - expertise - comprehensive knowledge - meticulous plan execution and -a steadfast work ethic. By integrating these elements, you not only mitigate risks to an optimal level but also cultivate a margin substantial enough for favorable outcomes. Staying active in this endeavor is paramount. #industrialrealestate #landacquisition #stayactive #realestatedevelopment #lessons

When it comes to something as important as growing your business, do everything you can to ensure its success. Hire a specialized broker to represent you in the purchase or sale of your business. Whether you’re buying your first site or acquiring your fiftieth location, PetroCal Associates is here to guide you through every step of the process. Here are some highlights from one of our previous transactions: - Buyer Representation for new market entry via multiple simultaneous acquisitions - Represented buyer in the purchase of multiple operating express carwashes - Coordinated transactions with different sellers for concurrent closing #CommercialRealEstate #GrowYourBusiness

I’ve had the chance to participate in multiple acquisitions, small and large, as both a finance and strategy leader. Four key points that drove strategic and financial success from my experience: 1) Alignment on the rationale for the acquisition. What are we looking to accomplish? 2) Those responsible for executing the business plan have to be engaged in developing it. The team running the acquired business can’t say ‘this is somebody else’s business plan’. 3) Deciding up-front the level of integration between the acquired and existing businesses. 4) Resource the work appropriately before, during , and after acquisition. Acquisition work is not a side job. A great example of this was Cummins acquisition of Ironcast de Frontera. Congrats to the team who led this successful transaction including John Cummings from finance.

Buyers are ready for your company, is your company ready for them? #HVAC acquisitions expert Patrick Lange explains to Weldon Long that for profitable and well-ran companies, there IS a robust market of buyers. But first, HVAC business owners need to ensure their business has what buyers are looking for.

Major Development in Construction! Flatiron and Dragados USA, Inc. are merging to form Flatiron Dragados, a new U.S.-based infrastructure leader. This merger combines the expertise of Colorado’s Flatiron Construction and Spain’s Dragados USA, creating the second-largest heavy contractor in the U.S. with operations across 24 states. Backed by Germany's HOCHTIEF and Madrid's Grupo ACS, this strategic alliance strengthens the link between European and U.S. markets, setting the stage for significant growth and innovation. Key Points: • Leadership: Peter Davoren, CEO of Turner Construction, will chair the new company. Javier Sevilla Roca, CEO of Flatiron, will lead the team. • Financials: $17.2 billion project backlog and $6.1 billion in revenue for 2023. • Workforce: Over 4,000 employees. • Market Reach: Strengthening ties between European and U.S. markets. With a history of successful collaborations, including the $1.2 billion Harbor Bridge Project in Texas, this merger is set to drive growth and innovation in U.S. infrastructure. #Construction #Infrastructure #Merger #Flatiron #Dragados #Growth #Sustainability #NorthAmerica

Securing the ideal plot of land is often a detailed and lengthy endeavor. To streamline this process, we keep a comprehensive inventory of land available for development at our fingertips. The foundation of successful land acquisitions lies in robust relationships and impeccable timing. Our success is bolstered by a vast network of trusted contacts, continually growing and strengthening. Moreover, in today's competitive market, where development land is highly sought after, it's crucial to quickly pinpoint potential sellers and initiate discussions. #DevelopmentProjects #StrategicTiming #PropertyInvestment

Rogers Joseph O’Donnell PC shareholder Lucas Hanback joined Jennifer Schaus & Associates’ Jennifer Schaus on her webinar series “2024: The FAR: Federal Acquisition Regulations” to discuss Part 18 of the Federal Acquisition Regulations (FAR). The FAR is the primary regulation for use by all executive agencies in their acquisition of supplies and services. It is made up of 53 parts, each detailing different aspects of acquisitions. In the webinar, Lucas discussed Part 18, which details how agencies should handle emergency acquisitions. He also explained the purposes of both subparts and provided recommendations for how agencies can best utilize Part 18 including guidance about consulting these provisions when streamlined procedures are desired. https://lnkd.in/gnVuGVSX #GovernmentContracting #FederalAcquisitionRegulations #EmergencyAcquisitions

California-based contractor Granite has adopted progressive delivery methods and acquired a Mississippi aggregate shop, resulting in higher revenue, backlog, and profits in the second quarter. The company attributes its success to the effectiveness of its new business model. The acquisition is expected to enhance Granite's supply chain capabilities and support its expanding project portfolio. This strategic move aligns with the company's commitment to innovation and growth in the construction industry. Kyle Larkin, CEO of Granite, commented, "Our new business model is proving successful, as evidenced by our strong financial performance. The acquisition of the Mississippi aggregate shop will further strengthen our operations and support our long-term growth objectives." Granite's focus on innovative delivery methods and strategic acquisitions underscores its dedication to improving operational efficiency and delivering high-quality projects. Learn more: www.usestimating.com . . . #constructionnews #GraniteConstruction #infrastructure #businessgrowth #constructionindustry #acquisition #aggregates #innovativeconstruction #projectmanagement #supplychain #constructionbacklog #financialperformance #constructionprojects #industryinnovation #strategicgrowth #contractornews #businessnews