ODC Construction sold to Synergos Companies
Whelan Advisory acted as the exclusive financial advisor to ODC Construction, a tech-enabled residential construction logistics provider and shell contractor based in Orlando, FL, in its sale to Synergos Companies, a subsidiary of Japan-based Asahi Kasei.
This transaction further strengthens Whelan Advisory’s sector focus across the construction value chain and extensive track record working with privately-owned businesses. Our team has advised on 37 successful transactions since 2018, totaling $14.1 billion across M&A, debt, and equity.
“ODC Construction is one of the nation’s largest shell contractors, delivering immense value to its homebuilder clients in Florida and the Carolinas. The fit with Synergos was strong given the shared vision of reducing cycle times and bringing scale and sophistication to the supply chain by creating a highly efficient, one-stop solution. We look forward to seeing this partnership flourish in the coming years.”
“The Whelan Team were true professionals. They properly set expectations, walked us through the process, and met every deliverable they promised. While the process was fantastic, the most important aspect was they simply took the time to understand our business. There is no doubt the fit with Synergos was absolutely the right move for ODC and was 100% facilitated by the Whelan Team!”
Transaction led by:
Margaret Whelan
Founder & CEO
Currey Cornelius
Managing Director
Luke Klee
Vice President
The M&A market remains strong. Our team has closed eight transactions this year with a robust pipeline for the months ahead. We expect this elevated level of activity to persist as the Fed has confirmed that rate cuts are pending in the near future. This will positively impact the market, making housing more affordable and financing more attractive.
Listen to Margaret's recent interview with CNBC about the current outlook for the U.S. housing market related to potential changes in mortgage rates, the upcoming election, and the sizzling M&A market.