On October 19, 2020, FMI Capital Advisors announced the transfer of ownership of Hunter-Davisson, Inc. (“Hunter-Davisson”) to company employees via the Hunter-Davisson, Inc. Employee Stock Ownership Plan (“ESOP”). In this transaction, Hunter-Davisson became 100% employee-owned. FMI Capital Advisors was the exclusive financial advisor to Hunter-Davisson for this transaction.
Based in Portland, Oregon, Hunter-Davisson is a leading full-service heating, ventilation, air conditioning and refrigeration (“HVACR”) contractor serving the Pacific Northwest. Jeff Davisson, President of Hunter-Davisson, said, “Our company culture aligns perfectly with our decision to become an ESOP. In addition to enhancing our growth potential, this transaction provides our employee-owners with an ongoing financial interest in the business and rewards them for the invaluable contributions they have made toward our success.
Founded in 1965, Hunter-Davisson designs, installs and maintains customized HVACR systems for high-rise office towers, corporate complexes, multi-family residences, senior living communities and facilities housing companies in a wide array of industries, including technology and health care. For more information, visit hunterdavisson.com