Mike Yantis, Matthew Yantis, and Mike Yantis Jr. announced a completed buyout of Yantis Company giving them 100 percent ownership of the family held company. With the completion of the transaction, on November 12, 2012, the company has announced several management changes naming Mike Yantis as Chairman; Mike Yantis, Jr. as Chief Executive Officer; Matthew Yantis as President; and Paul Basaldua as Vice President of Operations. Arnold Briones, Steve Deering and Paul Sparks remain in their respective positions as Executive Vice President, Vice President of Estimating, and Chief Financial Officer.
“We are very proud and excited to expand our investment and commitment to the employees and clients of Yantis Company through the completion of this transaction,” the family said. “We have always, and will always continue to feel that we have the best team in civil construction in the San Antonio area. We look forward to providing the same level of service that our firm has been giving since John Yantis founded the firm almost 50 years ago.”