Some M&A news out of Massachusetts..
From the Boston business journal (MA):
William A. Berry & Son merge with Suffolk Construction
The arrangement between two construction titans, Peter Campot and John Fish, was more of a shotgun wedding than a blissful courtship.
Campot’s $566 million construction firm, William A. Berry & Son Inc., had a backlog of big projects but did not have the cash needed to bond future jobs. Fish, president of the $1.5 billion construction firm, Suffolk Construction Co. Inc., had money but was unable to persuade life science companies to hire his firm because it lacked the clout to build highly specialized labs.
One industry source said it was a strategic move by Fish who needed Berry to compete for lab work…
