Caswell Advisory Group Advises E.L. Vining & Son, Inc. on Its Acquisition by Sargent Corp.

FARMINGTON, Maine - E.L. Vining & Son, Inc. has been acquired by Sargent Corporation.

With origins dating to 1956 and led by Kevin Vining for the past 45 years, E.L. Vining & Son, Inc. has been a family business that developed into a vertically integrated full-service excavation and site preparation contractor, primarily focused on commercial site work, including DOT and town road projects, utility work, parking lots, and various excavation projects.

Sargent Corp., an employee-owned company headquartered in Orono, Maine, is a heavy civil construction company operating across multiple East Coast states. The company provides earthwork, utility infrastructure, and site preparation services to a variety of public and private-sector clients.

Caswell Advisory Group is a Portland, Maine-based mergers and acquisitions firm with a strong track record of helping business owners achieve their personal and financial objectives. Founded in 2008, CAG is industry agnostic, representing business owners throughout New England in transactions typically valued between $5 million and $25 million. CAG develops customized, targeted marketing processes specific to each client. It works with the full spectrum of potential acquirers, including strategic buyers, private equity groups, family offices, qualified search funds, fundless sponsors, and owner-operator buyers.