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Strategic Advisor·Building Products

Aaron Bachik

Managing Director, Building Products & Building Services at FMI Corp

Denver, Colorado, USA

AB
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Why they matter

Denver M&A veteran with 25+ years exclusively in building products/services and a founder's rolodex of owner-operators, PE sponsors, and strategics in the sector.

Background

Aaron Bachik is a Managing Director at FMI Capital Advisors focused on the building products and building services sectors, with more than 25 years of M&A advisory experience. He co-founded SLATE Partners in 2014 with Jason Munoz, building it into a specialist building-materials and building-services investment bank before FMI Corp acquired the firm in October 2022. Earlier in his career he spent 13 years at Green Manning & Bunch, where he founded and led that firm's building materials and services practice.

Notable deals

  • 2014
    Co-founded SLATE Partners with Jason Munoz, a Denver-based M&A advisory boutique focused exclusively on building materials and building services companies
  • 2022
    SLATE Partners was acquired by FMI Capital Advisors, merging his firm's building-products deal team and track record into FMI's investment banking platform
  • 2025
    Served as Managing Director on FMI Capital Advisors' exclusive sell-side advisory for Illuminati Labs' sale to LINX, a Guardian Capital Partners portfolio company

Call-prep brief

Aaron Bachik — Managing Director, Building Products & Building Services, FMI Capital Advisors

Background

  • 25+ years of M&A advisory work exclusively in building materials and building services
  • Co-founded SLATE Partners (2014) with Jason Munoz; built it into a respected boutique serving family- and entrepreneur-owned building-products businesses and PE portfolio companies
  • SLATE was acquired by FMI Capital Advisors in October 2022; Bachik joined as Managing Director
  • Prior to SLATE, spent 13 years at Green Manning & Bunch founding and running its building materials & services practice

Current focus

  • Sell-side and buy-side M&A for building products, contractor services, and facilities/building services companies nationally
  • Recently ran the sell-side process for Illuminati Labs (DAS/BDA systems) to LINX, backed by Guardian Capital Partners

What he cares about

  • Founder/family-owned businesses getting the right strategic fit, not just the highest bid
  • Sector specialization — he pitches deep vertical knowledge in building materials/services over generalist coverage
  • Maintaining SLATE's legacy brand and client relationships inside the larger FMI platform

Potential sensitivities

  • Now operating under FMI's broader platform — may be more constrained on positioning independent-boutique credentials
  • Long-standing relationships with competing advisors/buyers in the space could create conflicts on specific targets

Questions to ask

  1. What is he seeing in current building-products/services deal flow and valuation multiples heading into next year?
  2. Which owner-operators in his network are actively weighing a sale or recap right now?
  3. How has integrating SLATE into FMI's platform changed his deal process or the types of buyers he can bring to the table?

Outreach draft

Subject
Building products M&A — quick intro call?
Hi Aaron, I came across your work leading building products and building services M&A at FMI Capital Advisors, including the recent Illuminati Labs sale to LINX. Our firm is actively evaluating platforms and add-ons in the building products distribution space, and given your two decades-plus focused on this exact sector, I'd value your read on where the market is heading and who's active right now. Would you have 20 minutes in the next week or two for an introductory call? Happy to work around your schedule. Best, [Placeholder Name]

Linked companies

Sources