FMI acquires Slate Partners

FMI Corp. acquired Slate Partners, a Denver-based investment bank.

Co-founded by Aaron Bachik and Jason Munoz in 2014, Slate Partners provides sell-side and buy-side M&A advisory services to companies in the building materials and building services industries nationwide. Slate’s clients include family- and entrepreneur-owned businesses, as well as private equity-backed companies.

FMI says the acquisition brings significant complementary talent and transaction experience to its team. The addition also enhances FMI’s M&A capabilities and sector expertise in the building products, facilities services and contractor services segments while strengthening its position as an advisor to private equity portfolio companies.

“We are thrilled to welcome the Slate Partners team to FMI Capital Advisors,” says Chris Daum, CEO of FMI Corp. “We admire the firm Aaron and Jason have built, and our two firms share a commitment to exclusively serving clients across the built environment. Together, we have more than 50 investment banking professionals providing sell-side M&A and ESOP (employee stock ownership plan) advisory services to clients across the built environment and throughout the United States and Canada.”

Bachik and Munoz share Daum’s excitement about joining FMI.

“We are excited to join the FMI platform, where we can leverage the firm’s banking and consulting scale and globally established reputation in the built environment to accelerate growth and build upon the track record of success established by Slate over the past eight-plus years,” Bachik says.

Adds Munoz: “The combination of FMI and Slate creates an investment bank with unmatched reach, unique capabilities and a focused commitment to advising buyers and sellers across the spectrum of the built environment.”