Duggins Welding, Inc. is an AISC Certified Steel Erector, welding, metal decking, and crane services company located in Winston Salem, North Carolina. From one truck and two team members to over 45 team members and enough equipment to cover seven full crews, Duggins Welding is known for providing quality service to their customers. No matter how big or small the project, you can count on Duggins Welding!
Zach Burick started with Duggins Welding in 2013 when he was still in college. He started in the field and quickly moved into the office as an estimator. As he continued to take on more responsibility, he had a desire to take over the company. In May of 2020, Zach and the previous owner decided it would be a great time to start the transition.
He reached out to Ron Buck, the intermediary, to begin the process of acquiring Duggins Welding. They were able to run numbers and eventually were at a point where they needed to proceed with lender options. That is when Ron introduced Zach to Michael Byers, one of our experienced Business Development Officers at FNB Small Business Finance. Michael was able to structure an SBA 7(a) deal that covered the cost of the acquisition.
Zach had this to say about his experience working with Michael and the entire team at FNB Small Business Finance:
Michael was very knowledgeable and professional. He’s been doing this a while, and knows his stuff. He was always very helpful any time I had a question. He also had a lot of questions for me throughout the process, which I think helped us both to feel confident about this deal. Michael and everyone else involved in this acquisition from FNB Small Business Finance were great to work with.
We were honored to have the opportunity to work with Zach! We wish him and his team at Duggins Welding the best as they continue to grow the business. To learn more about Duggins Welding, visit their website – dugginswelding.com.