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Private Equity | Construction & Engineering Services

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.

Service
M&A sell-side
Parties

Talk to the deal team

 Jarrad  Zalkin

Jarrad Zalkin

Managing Director

Boston, United States
Oaklins TM Capital
 James S. Grien

James S. Grien

Managing Director

Atlanta, United States
Oaklins TM Capital

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