MODERN ALLOYS, INC. RETAINS HERITAGE EQUITY PARTNERS
August 13, 2013 – Stanton, CA – Heritage Equity Partners has been retained by Modern Alloys, Inc. to seek an investor, joint venture partner or buyer for the 53 year old engineering contractor business. Modern Alloys, Inc. specializes in the management and construction of concrete and steel highway safety barriers, overhead signage, and renewable energy infrastructure, and is licensed in five states including CA, AZ, UT, NV and CO.
Modern Alloys, Inc. consists of 2 divisions: a Highway Construction Division and an Energy Construction Division. The Highway Construction Division manages constructs, installs and maintains metal beam guardrails, concrete barriers and overhead sign structures in Southern California and throughout the western United States. Capabilities include patented and patent-pending technologies such as stamped concrete and concrete drain pipe. Modern Alloys, Inc. is the largest guard rail installer in the western US. The Energy Construction Division provides construction services to energy power plants, wind turbine developers, solar thermal energy plants, defense firms, utilities and government facilities, and the telecommunications and aerospace industries, covering all facets of the renewable energy industry including: Wind Energy, Photovoltaic Solar Energy, Concentrated Solar Power (CSP), Parabolic Trough Solar Energy, Solar Thermal Tower Energy, and Dish Sterling Solar Energy.
Hank Waida, a Managing Director at Heritage Equity Partners, says that “This is an excellent opportunity for an investor or buyer to purchase an established leader in the management and construction of highway safety and renewable energy infrastructure, with a seasoned management team, employees, and significant backlog of signed contracts in place.”
Heritage Equity Partners, based in Easton, Maryland, provides investment banking services and has completed in excess of 400 engagements throughout the United States since 1988.
Hank Waida, HWaida@EquityPartnersHG.com, (866) 969-1115 ext. 5