January 9, 2020
BOSTON, MA -- Dunn Rush & Co. LLC is pleased to announce the recent closing of the sale of Riley Brothers, Inc. (“Riley Brothers”) to Peak Utility Services Group (“Peak”), a portfolio company of ORIX Capital Partners (“ORIX”). Dunn Rush & Co. served as financial advisor to Riley Brothers in the transaction.
Riley Brothers (www.rileybrothers.net), is a leading provider of natural gas and electric utility construction services in New England, serving major utilities in key strategic markets. Riley Brothers has built long-standing relationships with leading utilities while achieving consistent growth. Riley Brothers provides a complete range of utility construction, paving and snow plowing services and also produces asphalt, sand and other aggregate materials for its own use and for sale to other contractors. Riley Brothers was founded in 1995 and is headquartered in Stoughton, Massachusetts.
Peak Utility Services Group (www.peakusg.com) is a leading provider of maintenance, repair, upgrade and installation services for the telecom, electric and natural gas infrastructure markets in the Pacific Northwest and Intermountain West regions of the United States. Peak provides its comprehensive suite of services through three operating units: SiteWise, Track Utilities and Kelly Cable. Collectively, the company serves its customers through 22 locations with a highly trained workforce of over 1,500 employees. As a leader in utility services, the company has received numerous awards, outpacing the industry with advancements in safety, quality, customer service and strategic decision-making. Peak is headquartered in Denver, Colorado.
Dunn Rush & Co. LLC was founded in 2009 to provide high quality merger and acquisition advisory services to middle market companies valued between $20 million and $250 million. Dunn Rush & Co. LLC has significant expertise in the following industry sectors: Business Services; Consumer; Defense & Security; Healthy Living; Instrumentation; Manufacturing & Distribution; Medical Technology & Services; and Technology, Software & Data Services. The Firm is a registered Broker-Dealer and is headquartered at 225 Franklin Street, Boston MA 02110. For further information, please visit our website at www.dunnrush.com or contact us at 617-451-0001.
Dunn Rush & Co. were amazing throughout the entire process of selling my company! Greg and Kevin quickly learned about an industry most people have never heard of (sonar transducers), and their extensive experience, creativity, and strategic thinking helped us navigate the process and deal effectively with the many unexpected turns of events. They are indefatigable, and were always available and communicating with us, day and night. Their attention to every detail, their interest and excitement about our deal, and their endless patience answering our questions and concerns was second to none. Dunn Rush is categorically different from other investment banking firms, and I can’t imagine working with anyone else.
Carol Bowen, President, Materials Systems Inc.
Greg was a professional and trusted advisor to us through the entire sale process. He worked tirelessly, providing timely and concise communication and advice at what seemed liked any time of the day or night. He very quickly got up to speed with our industry and controlled the entire process from start to finish. Greg’s ability to resolve conflict and negotiate alternate solutions was continually and successfully tested as we dealt with an acquirer outside of the U.S. that presented some challenging language and cultural issues. I would highly recommend Greg and look forward to working with him again in the future.
John D’Amelio, Former Owner of Precast Specialties Corp.
In my 40 plus years on Wall Street, I have met regiments of investment bankers. There have been none – i.e., not one – with the combined talent and integrity of Kevin Dunn.
John Adams, Founder, Adams Harkness & Hill and Chairman, Canaccord Adams (US)