Holland & Hart represented Graham Income Trust (Graham), an employee-owned construction solutions partner, on its acquisition of XL Industries (XLI), a Northern California-based construction company, expanding both companies’ delivery capacity across key growth sectors in North America. The acquisition of XLI will result in an immediate boost in Graham’s annual revenues, supported by more than $1.4 billion in project backlog.
This transaction will enable both companies to capitalize on technological advancements, expand service offerings, and build workforce capabilities to meet the evolving demands of the construction industry. Additionally, Graham and XLI share a strong alignment in corporate values and strategic outlooks, which positions them for a seamless integration and long-term success.
For more information, please see Graham’s press release.
The Holland & Hart transactional team was led by partner Ryan Nichols and associates Stuart Knight and Catherine Kelly, with additional assistance from Hallee Moore, Brian Mumaugh, Benjamin Gibbons, Leslie Thomson, Bryan Benard, Lindsay Silber, Evan Mahon, Peter Perla, Conrad Kranz, Samantha Wolfe, and Ann Lee, among others.
Holland & Hart’s Corporate attorneys have extensive experience in mergers and acquisitions and advising clients at all stages of development, from start-ups to public companies, in a diverse range of industries, including energy, technology, construction and development, life sciences, and consumer products.