Benchmark International Successfully Facilitated the Transaction Between William H Smith and Associates, Inc, and Vistal

William H Smith and Associates, Inc. or "WHS", is a surveying, engineering, and materials testing firm with almost 60 years of experience. They primarily work with industry-leading oil and gas companies, municipalities, and civil engineers to deliver cost-saving solutions for substantial projects in the Western US. The company has established a longstanding reputation for quality customer service, resulting in a 95% retention rate and MSAs with large, publicly traded energy companies.

Vistal is a 100% employee-owned holding company that provides strategic services to its operating companies that specialize in all types of engineering: civil, survey, transportation, environmental, and water. Vistal companies have completed thousands of infrastructure projects that drive economic activity, create modern convenience, and facilitate the efficient movement of people and products.

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WHS President Will Dolinar said Vistal was the ideal partner for the next phase of the company's growth and ownership transition. "When we considered selling the company, we only talked to potential buyers who shared our deep commitment to client service and employee care. Additionally, Vistal provides the resources we needed to grow for our clients and our team, and their employee ownership model told us Vistal was the right partner to take our company and our employees to the next level."

Vistal CEO Shane Waslaski identified WHS's financial performance, leadership strength, and values as the primary drivers of the acquisition. "WHS aligns with the existing employee-ownership culture shared by all companies in the Vistal enterprise," he said. "They are focused on client excellence and growth, and additionally, WHS expands our geographic reach while increasing the breadth of services we provide all our operating companies' clients. WHS strengthens our employee-owned enterprise by adding new expertise, new solutions, new geographies, and an even greater growth trajectory."

"These two businesses are so complementary in their services that the fit was ideal. WHS will help expand Vistal's geographic reach, and Vistal's culture is a perfect fit for the WHS employee base, which has proven to be extremely valuable and loyal over the years. We are thankful to have been a part of this transaction and wish everyone the best of luck going forward."
- Kevin Barrett, Managing Director, Benchmark International

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