FdG Associates has sold i+iconUSA to Shikun & Binui
FdG Associates has sold Infrastructure & Industrial Constructors USA (i+iconUSA) to Shikun & Binui America (SBA), the North American construction arm of Shikun & Binui (S&B).
i+iconUSA is a diversified heavy civil and industrial construction services platform operating in the Eastern United States that offers a range of self-perform capabilities, including structures, marine, demolition, roadwork, utilities, earthwork, foundations and pilings.
Headquartered in Coral Gables, Florida, SBA works on complex construction projects, specializing in private-public-partnership opportunities throughout the US. SBA is the North American construction arm of S&B, a publicly traded Israeli infrastructure and real estate company that generates more than US$1.5 billion in annual revenue. The acquisition of i+iconUSA provides S&B with an established self-perform construction platform with a strong reputation and experienced team to support its long-term strategy to develop an entrenched presence in the US market.
Based in New York, FdG Associates is a private equity firm that focuses on the lower middle-market.
One of Oaklins’ teams in the USA advised i+iconUSA in this transaction.
Talk to the deal team
James S. Grien
Oaklins TM Capital
Related deals
Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Learn moreSoler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings
Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.
Learn moreInfotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
Learn more