Chartwell Publishes The Blueprint: Q1 2021

Welcome to the second edition of The Blueprint! Chartwell’s construction practice serves more than 100 industry participants throughout the United States. Our team of professionals has experience with construction firms of various sizes and specialties.

Although 2020 was a strange year in every respect, the construction industry proved to be extremely resilient as evidenced by M&A activity rebounding dramatically, with Q4 deals equivalent to the same period in 2019. This high level of deal activity continued in Q1 2021, driven, in part, by speculation surrounding a large infrastructure package coming out of Washington. Meanwhile, many companies saw the global pandemic as an opportunity to take a fresh look at their ownership and capital structures to best position their businesses for success in the years to come. In this edition of The Blueprint we profile Emery Sapp & Sons (“ESS”), a heavy civil contractor that is 100% owned by an ESOP. ESS CFO Keith Bennett takes us behind the scenes with a compelling and entertaining story of how ESS and its ESOP has evolved over the years. You do not want to miss this!

>> Download The Blueprint: Trends in the Construction Industry (Q1 2021)

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