Add-on Acquisition • Construction

RES Acquires Lecon

On August 10, 2021, RES acquired construction company Lecon

Acquisition Context

This is RES’s 1st transaction in the Construction sector.
This is RES’s 7th transaction in the United States.
This is RES’s 1st transaction in Texas.

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M&A Deal Summary
Date	August 10, 2021
Target	Lecon
Sector	Construction
Buyer(s)	RES
Deal Type	Add-on Acquisition

Target Company

Lecon

Houston, Texas, United States

Lecon is operated as a civil general contractor that is a provider of services such as large-scale earthmoving, mass grading of both conventional and unconventional sites, slope stabilization, and erosion control. Lecon is based in Houston, Texas.

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Buyer Overview 1

Buyer

RES

Bellaire, Texas, United States

Category	Company
Founded	2007
Sector	Environmental

DESCRIPTION

RES is a provider of ecological offsets and environmental solutions. RES helps clients proactively manage risk from operations in environmentally sensitive areas. RES was founded in 2007 and is based in Bellaire, Texas.

Deal Context for Buyer	#
Overall	7 of 7
Sector: Construction	1 of 1
Type: Add-on Acquisition	7 of 7
State: Texas	1 of 1
Country: United States	7 of 7
Year: 2021	3 of 3

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-02-09	Applied Ecological Services Brodhead, Wisconsin, United States Applied Ecological Services, Inc. provides ecological consulting, design, and restoration contracting throughout North America from 17 locations across the Midwest.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-02-09

Applied Ecological Services

Brodhead, Wisconsin, United States

Applied Ecological Services, Inc. provides ecological consulting, design, and restoration contracting throughout North America from 17 locations across the Midwest.

Buy

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