BridgeFab has been sold to McNab
Divest Merge Acquire advised the owners of BridgeFab in their successful sale to McNab.
BridgeFab is one of the leading structural steel and metalwork companies in Southeast Queensland. Since 2007, the business has built a strong reputation and capabilities including: cutting-edge automation and robotics; fully digital management systems that streamline estimating, drafting, project management and QA; onshore fabrication for specialised, short lead-time projects; and a talented team with a focus on quality, safety and certainty.
McNab is one of the largest Construction, Development and Property groups in Australia, with turnover around $1Bn AUD.
BridgeFab will work alongside McNab’s existing portfolio company, Supplyhaus Steel. Supplyhaus targets major projects leveraging international procurement and bulk buying power. BridgeFab will target smaller to medium and specialised projects that require local, agile fabrication.
DMA provided end-to-end sell-side advisory services, including documentation and analysis, investor engagement and negotiation, coordinating due diligence and managing the overall process to completion.
Client Testimonial
Our experience with Divest Merge Acquire was extremely positive from start to finish. Their process was clearly structured, highly professional and gave us confidence at every stage of the sale. The Information Memorandum they prepared was detailed, accurate and presented our business in a way that genuinely reflected its strengths. Their financial analysis and understanding of the numbers were first-class – in some areas their insight went beyond our own, which was very reassuring.
DMA’s marketing of the business was broad, targeted and effective. We received multiple quality offers from serious industry players, which ultimately helped us achieve a successful sale on terms we were comfortable with.
Communication throughout was excellent. They were responsive on email, followed up regularly with phone calls, and were always willing to pick up the phone when something needed to be worked through in more detail. Over time, they effectively became an extension of our business – they took the time to understand how we operate, our goals, and what really mattered to us in the deal.
Technically, DMA were very strong. They kept track of the many moving parts, documents and emails, making sure nothing slipped through the cracks. Their advice was practical, commercially minded and grounded in experience. They were able to mediate when there were differences of opinion and helped keep the transaction on track without creating unnecessary tension between parties. Confidentiality was handled with great care. They were strict on NDAs and always sought our approval before any sensitive information was shared, which gave us confidence that our staff and commercial information were being protected.
In negotiation, they represented us firmly but respectfully. They were not pushy, but they were persistent and skilful in securing an outcome that aligned with our objectives, while maintaining a professional relationship with the buyer.
Overall, DMA delivered strong value and played a key role in the successful sale of our business. We would be very comfortable engaging them again and are happy to recommend them to other business owners considering a sale.
