Baird's Investment Banking Group is pleased to announce the following transaction:

December 2021
Reconstruction Experts
Sale to Johns Lyng Group
Technology & Services
Baird served as exclusive financial advisor to Reconstruction Experts on this transaction

Reconstruction Experts (“RE”), a portfolio company of Linx Partners (“Linx”), has signed a definitive agreement to be acquired by Johns Lyng Group (“JLG”) (ASX:JLG). The transaction is expected to close in the fourth quarter of 2021, subject to various regulatory approvals and customary closing conditions.

Reconstruction Experts provides specialized property repair services to homeowner associations, multi-family property managers, and commercial property owners. RE’s services repair occupied buildings after defects emerge from poor initial construction, from weather-related damage, or normal degradation due to aging. Founded in 2001, the Company is headquartered in Arvada, Colorado with additional offices in California, Texas, and Florida.

Linx was founded in 1999 on the premise of investing in United States industrial companies, utilizing human and capital resources in partnership with families, entrepreneurs, and management teams to build businesses. The Managing Directors of Linx have worked together in various capacities for over 15 years and have collectively created over 30 such partnerships since the founding of the firm. Linx Partners is headquartered in Atlanta, Georgia.

Johns Lyng Group is an integrated building services group delivering building and restoration services across Australia and internationally. JLG’s core business is built on its ability to rebuild and restore a variety of properties and contents after damage by insured events including impact, weather, and fire events. Beginning in 1953, JLG has grown into an international business with over 1,400 employees servicing a diversified client base comprising major insurance companies, commercial enterprises, local and state governments, body corporates / owners’ corporations, and retail customers. JLG defines itself by delivering exceptional customer service outcomes every time. JLG is headquartered in Doncaster, Australia.

For additional information about this transaction, please contact:

Brad Page +1-312-609-5491
Brian Cole +1-414-298-1702
Rob Kaderavek +1-414-298-5260
Scot Berg +1-646-557-2336
Martin Luen +44-20-7667-8381