SAN ANTONIO , Aug. 14, 2025 /PRNewswire/ -- Corporate law firm Elder Bray & Bankler PC recently advised FGI Group, Inc. on its sale of Dynamic Systems to Quanta Services, Inc. (NYSE: PWR) for an upfront purchase price of $1.35 billion , and a potential earnout of up to $216 million . The upfront purchase price was paid in a mix of cash and publicly-traded stock of Quanta.
Founded in 1988 and headquartered in Austin, Texas , Dynamic Systems, one of the largest mechanical solutions providers in the country, is a premier, turnkey mechanical, plumbing and process infrastructure solutions provider with a diversified customer base and exposure to the attractive and growing technology, semiconductor, healthcare and other load center markets. Quanta is a leading provider of comprehensive infrastructure solutions for the electric and gas utility, renewable energy, technology, communications, pipeline and energy industries in the United States , Canada , Australia and select other international markets.
Elder Bray & Bankler provided comprehensive legal counsel to FGI Group throughout the transaction, including deal structuring, negotiation, and regulatory guidance. The Elder Bray team was led by Scott Bankler and Jake McCloy , with key support from Matt Augustyn , Jake Pylman , Chip Sugg , and Austin Baker Wiese .
Elder Bray & Bankler is a Texas -based corporate law firm focused on complex business transactions, mergers and acquisitions and private equity. With decades of experience, the firm combines deep legal knowledge with a practical, business-minded approach to help clients achieve successful outcomes.
For more information regarding the transaction, please see Quanta's press release .
For more information, please contact:
Laura Boulanger
lboulanger@elderbray.com
P: 210 424 4520
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SOURCE Elder Bray & Bankler
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