Emory & Co. served as the exclusive financial advisor to Austad & Son, Inc. in its sale to Performance Contracting, Inc.
Austad & Son, Inc. is a multi-generational, family owned specialty ceiling installation company headquartered in Madison, Wisconsin. The Company primarily engages in the installation of acoustical ceilings, specialty ceilings, specialty walls and drywall suspension systems in the tri-state area including Wisconsin, Illinois, and Iowa. It is the largest ceiling installation company in Wisconsin.
“PCI is the largest commercial interior contractor in the United States, headquartered in Lenexa, Kansas. PCI was the perfect buyer. This provides PCI with an established Wisconsin footprint with the workforce to drive growth,” said John Emory Jr., President of Emory & Co.