LMM Industrial Partners seeks to acquire and support founder- and family-owned businesses that maintain, repair, inspect, protect, and rehabilitate highway bridges. Our objective is to build the group around the strengths, people, customer relationships, and operating capabilities of the businesses we acquire.
We believe the nation’s aging bridge network creates a long-term need for specialized contractors with strong technical capabilities, experienced employees, established public-agency relationships, and a reputation for safe, dependable execution.
Every ownership transition is different. We begin by understanding what an owner wants for the business, its employees, and their own role after closing. We then develop a transaction structure and transition plan aligned with those priorities.
Joshua leads transaction execution, underwriting, diligence, and deal structuring for LMM Industrial Partners. He has completed more than 45 M&A transactions and brings nearly two decades of advisory and principal-investing experience to the firm.
Before founding LMM Industrial Partners, Joshua spent eight years as Managing Director of Mergers and Acquisitions at Cetane Associates, where he helped complete 45 sell-side transactions for privately held businesses. He subsequently founded J Wolf and Company, which advises independent sponsors on structuring acquisitions and raising institutional equity and debt capital. Earlier in his career, Joshua held energy-finance roles at Mizuho Corporate Bank, ABN AMRO, and Crédit Lyonnais in New York.
Joshua is a CFA charterholder, earned a BBA from Emory University, and has volunteered as an emergency medical technician for more than 14 years.
Haggai leads operating strategy, organizational development, and value-creation initiatives for LMM Industrial Partners. He brings more than 15 years of experience in infrastructure development, construction operations, strategic planning, and change management.
Before joining LMM Industrial Partners, Haggai served as Senior Vice President and Chief Commercial Officer of Shikun & Binui USA. During his tenure, he helped transform and expand the company’s U.S. operations, including Joseph B. Fay Company, as annual revenue grew from approximately $200 million to more than $750 million and backlog surpassed $1.5 billion. His experience includes leadership roles associated with the $2.3 billion Pennsylvania Major Bridges program and the $1.5 billion Fargo-Moorhead Flood Diversion project.
Earlier in his career, Haggai advised Shikun & Binui’s Group CEO and worked at Monitor Deloitte. He earned bachelor’s and master’s degrees from Ben-Gurion University of the Negev and is based in Pittsburgh.
We can structure a transaction around an owner’s objectives, including the opportunity to:
Continue leading the company
Majority recapitalization with retained equity
Reduce day-to-day responsibilities
Phased transition to an expanded management team
Support family or management succession
Capital and organizational support for the next generation
Retire after closing
Defined transition period and leadership succession plan
Diversify wealth while retaining upside
Meaningful liquidity with the opportunity to retain equity
We are primarily interested in established bridge-preservation businesses with specialized capabilities, strong customer relationships, experienced employees, and a record of safe, dependable execution.
We maintain relationships with experienced institutional equity investors and lenders and begin developing the appropriate financing structure early in the transaction process. Our objective is to give sellers a clear, credible path to closing while preserving the company’s ability to meet bonding requirements, invest in operations, and pursue long-term growth.
Whether you are exploring a transaction or simply thinking about succession, we welcome a confidential, no-obligation conversation.
Joshua Wolf
Managing Partner
(713) 494-4699