Broaddus & Associates Acquires FJW Group Inc.
Nov 18, 2008

AUSTIN, TX, November 18, 2008 - Broaddus & Associates has acquired FJW Group Inc., an Arlington, Texas-based construction management and general contracting firm. This 38-year-old company specializes in healthcare, financial, religious, and aviation facilities. Its high-quality work is evident in its client retention, as over 70% business is with repeat clients. The company will now operate as FJW Construction, LLC.


President and CEO James A. Broaddus mentioned, "FJW brings construction expertise and capabilities to the same market sector we serve as planners and program managers. The integration of construction expertise will make Broaddus & Associates even more effective. Also, our owner-oriented planners and project managers will make FJW a more focused contractor. It's truly a win-win situation."


He continued, "The real value of FJW lies in its capable management and staff, virtually all of whom will remain in place to provide leadership and efforts necessary to take the company to new heights. We are fortunate to have FJW's founder, Jerrell Farr, remain a part of its leadership, showing everyone's commitment to a smooth transition."


Broaddus & Associates Senior Vice President David J. Bowlin will serve as FJW's interim president during the transition.


After working on the FJW deal for several months, David Bowlin remarked, "It's not everyday that you come across a company that aligns with your corporate profile in key areas such as: People, culture, values, and market sector, but we've found exactly that in FJW."


FJW has provided high-value, trouble-free construction processes to a national and regional customer base of major corporations and institutions who insist on quality and reliability. Licensed in 30 states, FJW has the knowledge and personnel to carry out complex construction projects. The firm holds a strong market niche in healthcare, its breadth of projects includes: Acute care hospitals, specialized ambulatory surgery centers, diagnostic/oncology services, and medical office buildings. FJW's work is centered in Texas, where it will remain and expand.


FJW incorporates a team approach to projects, bringing construction expertise into the planning and design phase, maximizing value and minimizing change orders and budget increases. The owner and designer are included into clear, comprehensive information exchanges to allow for this process. Furthermore, FJW has developed a format to integrate safety program into a project well before construction takes place. The company has developed a reputation for going the extra mile to achieve the highest level of customer satisfaction. FJW's proactive approach to construction services is a sure fit with Broaddus & Associates' proactive approach to project management.


About Broaddus & Associates:

Broaddus & Associates is a building design and construction program management and planning firm. The company is currently managing or assisting owners to manage projects worth over $3.3 billion, and has been ranked among the nation's top 40 program managers by "Engineering News-Record," the construction industry's leading trade publication. On average, its employees involved in project management have over 23 years of experience, with the executive team having worked as owners themselves. The company's owner-focused experience and viewpoint ensure superior projects in terms of quality, value, and schedule. Broaddus & Associates is the first choice for owners who understand the risks of capital program/project management.



Contact: Tamim Choudhury at 512-347-3687 or .