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 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
Managing DirectorBoston, United States
Oaklins TM Capital
James S. Grien
Managing DirectorAtlanta, United States
Oaklins TM Capital
Admen, UAB has been acquired by Orion Private Equity
The private owners of Admen, UAB have sold a 44% stake in the company to Orion Private Equity, including 4% of newly issued capital.Learn more
Management has acquired NNL LT from LitCapital
The management team, through an SPV, has acquired NNL LT, UAB.Learn more
For Ever has entered into a strategic partnership with Synergia Capital Partners
For Ever, the global market leader in gladiolus breeding, has entered into a strategic partnership with Synergia Capital Partners B.V. With this investment, the company will continue the strong growth of recent years.Learn more