M&A Deal Summary

IEA Acquires RMT

On December 12, 2012, IEA acquired engineering company RMT from Alliant Energy

Acquisition Highlights
  • This is IEA’s 1st transaction in the Engineering sector.
  • This is IEA’s 2nd transaction in the United States.
  • This is IEA’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2012-12-12
Target RMT
Sector Engineering
Buyer(s) IEA
Sellers(s) Alliant Energy
Deal Type Divestiture

Target

RMT

Madison, Wisconsin, United States
RMT is a EPC contractor specializing in the design and construction of wind and solar electric energy generating facilities and high-voltage transmission lines. RMT's experienced construction crew is backed by in-house engineering and development support professionals. RMT's EPC renewable energy portfolio includes over 5,000 MW.

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Buyer(S) 1

Buyer

IEA

Westchester, Illinois, United States
Category Company
Founded 2011
Sector Infrastructure
Revenue 2.1B USD (2021)
DESCRIPTION

IEA was formed to build an integrated portfolio of energy and infrastructure construction companies. Since its formation, the company has demonstrated its ability to grow organically and execute numerous successful strategic acquisitions. IEA was formed in 2011 and is based in Westchester, Illinois.

DEAL STATS #
Overall 2 of 3
Sector (Engineering) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 2 of 3
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-26 White Construction

Clinton, Illinois, United States

White Construction Inc. has transformed from a small trucking and excavating company into a recognized leader in the construction industry, committed to building infrastructure and energy projects across North America. We provide a range of traditional, design-build and engineering, procurement and construction (EPC) services for a variety of markets, including fossil and renewable energy power, petrochemical, pharmaceutical as well as state and federal infrastructure.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-02 William Charles Construction Group

Rockford, Illinois, United States

William Charles Construction Group is a provider in civil construction with diverse capabilities in traditional civil construction, electrical power, and environmental remediation. William Charles Construction Group was founded in 1892 and is based in Rockford, Illinois.

Buy $90M

Seller(S) 1

SELLER

Alliant Energy

Madison, Wisconsin, United States
Category Company
Founded 1981
Sector Utilities
Employees3,129
Revenue 4.0B USD (2023)
DESCRIPTION

Alliant Energy is an energy holding company that provides mid-west utility customers with safe and reliable electric and natural gas services. Alliant Energy was founded in 1981 and is based in Madison, Wisconsin.

DEAL STATS #
Overall 1 of 2
Sector (Engineering) 1 of 1
Type (Divestiture) 1 of 2
State (Wisconsin) 1 of 1
Country (United States) 1 of 2
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-01 Alliant Natural Gas Distribution Business

Minnesota, United States

Alliant Natural Gas Distribution Business comprises 10,600 new customers provide safe and reliable natural gas service.

Sell -
Mergr

Product

Company

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