NEBC Facilitates Sale of Leading Rhode Island Based Construction Contractor

NEBC has successfully represented G. Donaldson Construction, Inc. in the sale of the business to Hayward Baker, Inc. Rhode Island based G. Donaldson specializes in providing deep foundation and earth support services throughout New England and the Northeast. With total revenues in excess of $40 million, G. Donaldson is the largest company of it´s kind in the New England marketplace.

In operation since 1977, the Company has participated in some of the most high profile non-residential and commercial construction projects in the region. G. Donaldson's CEO, Courtney Donaldson, will remain on with the company post closing to continue guiding operations.

The buyer, Hayward Baker Inc., is North America´s leader in specialty geotechnical construction. Hayward Baker is a subsidiary of UK-based Keller Group and operates throughout the US, Canada, and Latin America.

The Keller Group is an international ground engineering company with headquarters in Europe, Australia, and North America. Listed on the London Stock Exchange (FTSE: KLR), the Keller Group posted total revenues in excess of $1.2 billion in 2005.