ButcherJoseph & Co. (“ButcherJoseph”) served as financial advisor to ERW Site Solutions (“ERW or the “Company”) on a sale to its employees. The transaction closed on October 31, 2024.

ERW Site Solutions, headquartered in Fort Worth, Texas, is an integrated construction management company specializing in engineered retaining wall construction, landscape and irrigation design, concrete foundation and hardscape construction, and amenity center construction. ERW serves the multi-family, single-family residential, commercial, and municipal construction markets in Texas.

Over the past five years, under the leadership of CEO Jack Matz, ERW has grown significantly, both organically and through acquisitions. Key acquisitions include Ratliff Hardscape, Kaufman Concrete, and LandTec, positioning ERW as a formidable player in the Texas construction industry.

With the implementation of the ESOP, all shares of ERW Site Solutions and its subsidiaries—ERW (Retaining Walls), Ratliff (Hardscape), LandTec (Landscape, Irrigation and Maintenance), Kaufman (Concrete) and DesignBuild (Engineering) —are now owned by its employees.

“ERW has always been built on a foundation of teamwork, innovation, and excellence,” said CEO Jack Matz. “Leading this company through a period of growth has been a privilege, and I am proud to transition ownership to the employees who have driven our success. This move ensures that our continued growth strategy directly benefits those most responsible for it. As employee-owners, our team is invested in the future of ERW, creating alignment, motivation, and a sustainable competitive advantage.”

Randy O’Neal, President & COO of ERW Site Solutions, added, “This is an exciting milestone for our company and our employees. Transitioning to an employee ownership model ensures that the people who have contributed to our success will directly benefit from it. We believe this move strengthens our culture, enhances our long-term stability, and empowers our team to drive continued growth.”

“It was an honor to work with the entire ERW Site Solutions team,” said Rick Hennessey, Director at ButcherJoseph & Co. “From the first time we met, the management team articulated a clear vision and demonstrated a dedicated focus on executing their strategic plan. It was exciting to work with such a dynamic team and structure a transaction that supported their goals. This structure fosters a culture of collaboration, accountability, and shared success, positioning ERW for continued growth and stability.”

About ButcherJoseph & Co.
ButcherJoseph & Co. is a boutique investment banking firm specializing in sale transactions to strategic and financial buyers, employee ownership transactions (ESOPs), capital advisory (debt & equity), and valuations and fairness opinions for privately held businesses. ButcherJoseph is headquartered in St. Louis, MO with a presence in Chicago, Washington, D.C., Miami, Palm Beach, Charlotte, and Scottsdale.

About ERW Site Solutions
ERW Site Solutions is transforming the construction industry by integrating the best-of-breed services that are required to accelerate the development and delivery of high-quality commercial, multi-family and single-family projects. Today, ERW Site Solutions has assembled the most trusted, premier brands in the industry: ERW (Retaining Walls), Ratliff (Hardscape), LandTec (Landscape, Irrigation and Maintenance), Kaufman (Concrete) and DesignBuild (Engineering).  Learn more at www.erw-sitesolutions.com.
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