Tracked deals
138
138 tracked deals across 2023.
Construction Acquisitions in 2023
Buyer mix
Mixed buyer set
106 strategic · 93 pe
Top trend
Volume peaked in 2025
170 tracked deals announced in 2025.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Cairngorm Capital Partners LLP | 3 | Specialist private investment firm providing equity and o... | PE |
| Great Range Capital | 3 | Private equity firm focused on investing in Midwestern co... | PE |
| Halmos Capital Partners | 3 | Private equity firm investing in lower-middle market busi... | PE |
| Hillcore Group | 3 | Independent Canadian investment and advisory firm investi... | PE |
| Northpoint Roofing Systems | 3 | Tech-enabled provider of roof repair and replacement serv... | Strategic (PE-backed) |
| Rotunda Capital Partners | 3 | Operationally oriented private equity firm focused on tra... | PE |
| Shoreline Equity Partners | 3 | Lower middle‑market private equity firm focused on partne... | PE |
| Tecta America Corporation | 3 | National commercial roofing contractor providing roof ins... | Strategic (PE-backed) |
| The JF Petroleum Group | 3 | Provider of fueling system solutions including equipment ... | Strategic |
| U.S. Waterproofing | 3 | Leading provider of basement waterproofing and foundation... | Strategic (PE-backed) |
Acquisition Volume in Construction in 2023 by Year
Last 10 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
December 30, 2023
- Buyer
- Australis Equity Partners
- Target
- Sunrise Premiere Pool Builders, LLC
- Industry
- Construction
- Location
- Maryland, United States
- Type
- Buyout
Australis Equity Partners, through a subsidiary, has acquired Sunrise Premiere Pool Builders, LLC, a full-service inground pool construction company headquartered in Arnold, Maryland. Sunrise, founded in 1999 and operating a 3,000 sq. ft. facility, specializes in residential inground pools and works with subcontractors; Australis said the acquisition will be leveraged to facilitate future construction-industry acquisitions.
-
December 26, 2023
- Buyer
- Dunes Point Capital, LP, Dunes Point Capital Fund III, LP, Roofing Services Solutions, LLC
- Target
- Noland's Roofing, Inc.
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
Dunes Point Capital, LP formed Roofing Services Solutions, LLC and acquired Noland's Roofing, Inc., a Clermont, Florida-based residential re-roofing and exterior services provider. Dunes Point Capital Fund III provided the controlling equity and M&T Bank provided debt financing; Noland's operates three Florida locations and employs approximately 70 people as the first investment in a platform consolidation strategy in the aftermarket roofing services space.
-
December 21, 2023
- Buyer
- H.I.G. Capital
- Target
- Penhall Company
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
H.I.G. Capital, through an affiliate, has completed the acquisition of Penhall Company, North America’s largest provider of specialty concrete services. Headquartered in Irving, Texas, Penhall operates over 40 branch and service locations across the U.S. and Canada and will partner with H.I.G. and current management to accelerate growth and expand services.
-
December 18, 2023
- Buyer
- FirstService Corporation
- Target
- Roofing Corp of America
- Seller
- Soundcore Capital Partners
- Industry
- Construction
- Location
- Georgia, United States
- Type
- Buyout
FirstService Corporation has acquired a significant controlling interest in Roofing Corp of America from Soundcore Capital Partners; the transaction closed on December 15, 2023. The purchase price is US$413 million, funded with cash and borrowings, with Roofing Corp management (including CEO Randy Korach) retaining the balance of the equity and continuing to run the business. Headquartered in Atlanta, Roofing Corp operates 16 regional branches across 11 U.S. states, employs more than 900 people, and generates approximately US$400 million in annual revenue.
-
December 18, 2023
- Buyer
- Escajeda Masonry & Concrete, Escajeda Holdings
- Target
- Alex Restoration & Masonry Repairs
- Industry
- Construction
- Location
- Pennsylvania, United States
- Type
- Buyout
Escajeda Masonry & Concrete, part of Escajeda Holdings, has acquired New Castle, Pennsylvania-based Alex Restoration & Masonry Repairs. The acquisition expands Escajeda's footprint in the tri-state area, adds historic restoration and preservation expertise, and will keep Alex Restoration operating under its name from its New Castle and Erie offices.
-
December 15, 2023
- Buyer
- David Galloway
- Target
- Brazos Commercial Roofing
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
David Galloway, a former co-owner, completed a management buyout to become sole owner of Brazos Commercial Roofing on December 15, 2023. Generational Equity advised on the transaction; Brazos Commercial Roofing is a Clute, Texas–headquartered commercial and industrial roofing and waterproofing services provider.
-
December 14, 2023
- Buyer
- Chaney Enterprises
- Target
- Concrete Solutions, LLC
- Industry
- Construction
- Location
- North Carolina, United States
- Type
- Buyout
Chaney Enterprises, a construction material supplier based in Gambrills, Maryland, has acquired Concrete Solutions, LLC, a ready-mix concrete operator with plants in Raeford and Goldston, North Carolina. The purchase expands Chaney's footprint into central North Carolina and brings its planned total of three North Carolina ready-mix locations (Raeford, Goldston and an expected Powells Point site).
-
December 14, 2023
- Buyer
- U.S. Waterproofing, Rotunda Capital Partners
- Target
- Engineered Solutions of Georgia (ESOG)
- Seller
- Jay Eastland, Luis Cuevas
- Industry
- Construction
- Location
- Georgia, United States
- Type
- Addon
U.S. Waterproofing, a Rotunda Capital Partners portfolio company, has acquired Engineered Solutions of Georgia (ESOG), a Smyrna, Georgia-based provider of residential foundation repair, basement waterproofing and crawl space encapsulation. The add-on expands U.S. Waterproofing's Southeast footprint and foundation-repair capabilities; ESOG founders Jay Eastland and Luis Cuevas will continue to oversee the business.
-
December 12, 2023
- Buyer
- Broadwing Capital Management LLC
- Target
- Campany Roof Maintenance LLC
- Seller
- Ed Campany, Deb Campany
- Industry
- Construction
- Location
- Florida, United States
- Type
- Growth capital
Broadwing Capital Management LLC has made a growth investment in Campany Roof Maintenance LLC, partnering with founders Ed and Deb Campany to support expansion of the South Florida roofing services provider. Broadwing will provide operational support and capital to scale Campany's roofing maintenance, repair, and replacement services for condominium associations, commercial properties, and high-end single-family homes.
-
December 8, 2023
- Buyer
- Evive Brands, LLC, The Riverside Company
- Target
- The Brothers that just do Gutters
- Industry
- Construction
- Location
- United States
- Type
- Addon
Evive Brands, a portfolio company of The Riverside Company, has acquired The Brothers that just do Gutters. The transaction is an add-on to Evive's franchise platform to expand into broader residential services and strengthen its footprint in home exterior/franchise services; financial terms were not disclosed.
-
December 5, 2023
- Buyer
- CAMP Construction Services, Sterling Investment Partners
- Target
- Finite Reimaging
- Industry
- Construction
- Location
- Georgia, United States
- Type
- Addon
CAMP Construction Services, a Sterling Investment Partners portfolio company, has acquired Finite Reimaging, a Duluth, Georgia-based provider of renovation and maintenance services serving hospitality, retail and multifamily customers. The add-on expands CAMP's Southeast presence and hospitality capabilities while enabling Finite to access CAMP's broader service offerings and national infrastructure.
-
- Buyer
- Granite Construction Incorporated
- Target
- Lehman-Roberts Company, Memphis Stone & Gravel Company
- Industry
- Construction
- Location
- Tennessee, United States
- Type
- Buyout
Granite Construction Incorporated (NYSE: GVA) has acquired Lehman-Roberts Company and Memphis Stone & Gravel Company, expanding its materials and paving footprint in the Memphis metropolitan market. The deal adds asphalt plants and sand & gravel mines (with substantial reserves) to Granite’s operations and will be financed with a $150 million term loan plus revolver and cash on hand; the acquired companies’ leadership will remain in place.
-
November 29, 2023
- Buyer
- New Home Co.
- Target
- Hamilton Thomas Homes
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
New Home Co., an Irvine-based homebuilder backed by Apollo-managed funds, has acquired Hamilton Thomas Homes to enter the Texas market. The deal brings roughly 2,000 lots (about 12 planned communities) in Houston and Austin and retains founders John Bohnen and Jennifer Keller to lead New Home Co.'s newly formed Texas region.
-
November 28, 2023
- Buyer
- ReVamp Companies, Bertram Capital
- Target
- The Vinyl Outlet, Inc.
- Industry
- Construction
- Location
- New York, United States
- Type
- Addon
Bertram Capital portfolio company ReVamp Companies has merged with The Vinyl Outlet, a Buffalo-based residential fencing and decking installer, to expand ReVamp's fencing and decking division and extend its service territory into Western New York. Terms were not disclosed; ReVamp will leverage Bertram Capital's in-house technology team, Bertram Labs, to support customer acquisition and operational expansion.
-
November 23, 2023
- Buyer
- Lafarge Canada Inc., Jeffrey Kimel, Michael Katchen
- Target
- EXACT Technology Corporation
- Industry
- Construction
- Location
- Ontario, Canada
- Type
- Growth capital
Lafarge Canada Inc. led an equity investment in Toronto-based EXACT Technology Corporation to accelerate digital solutions for the concrete and construction industry. The strategic investment brings industry expertise and global reach to help EXACT scale its hardware and software offerings for concrete monitoring, curing and tracking.
-
November 22, 2023
- Buyer
- Soil Nail Holdings, KKR
- Target
- Ideal Fencing Corp.
- Seller
- U.S. Fence Solutions Company, LLC, Building Industry Partners LLC
- Industry
- Construction
- Location
- Colorado, United States
- Type
- Divestiture
Soil Nail Holdings, an investment platform affiliated with KKR, has acquired Ideal Fencing Corp. from U.S. Fence Solutions, a portfolio company of Building Industry Partners. Ideal, based in Erie, Colorado, is a fabricator and installer of highway and bridge guardrail, chain-link, and iron fencing and employs a team of just over 50 people.
-
November 19, 2023
- Buyer
- Herc Rentals
- Target
- Summit Equipment Rentals
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Herc Rentals has acquired Summit Equipment Rentals, a three-location equipment rental operator in Southern California. The deal expands Herc Rentals' presence in the Los Angeles and San Diego markets; Summit operates facilities in Menifee, Chula Vista and Garden Grove and offers aerial work platforms, earthmoving equipment, water trucks and tools.
-
November 17, 2023
- Buyer
- Groundworks
- Target
- Eco-Soil Stabilizers
- Seller
- Randall Ragon (founder and CEO of Eco-Soil Stabilizers)
- Industry
- Construction
- Location
- Texas, United States
- Type
- Addon
Groundworks, the national foundation and water management solutions company, has acquired Eco-Soil Stabilizers, a Canyon Lake, Texas-based family business that provides proprietary soil stabilization injection technology. The acquisition adds Eco-Soil's soil-stabilizing capability to Groundworks' service offering and supports the company's continued expansion in Texas and nationwide.
-
November 16, 2023
- Buyer
- Sterling Infrastructure, Inc.
- Target
- Professional Plumbers Group, Incorporated
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
Sterling Infrastructure, Inc. (Nasdaq: STRL) acquired Professional Plumbers Group, Incorporated (PPG), a Wylie, Texas-based plumbing contractor serving residential home builders in the Dallas area, for $50 million in cash plus an earnout. PPG, which generates approximately $50–55 million in annual revenue, will join Sterling's Building Solutions segment to expand its residential plumbing capabilities and cross-sell to its existing builder customers in the Dallas market.
-
November 15, 2023
- Buyer
- Gemspring Capital Management, LLC (affiliate)
- Target
- Fenceworks, LLC
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Gemspring Capital Management, through an affiliate, has acquired Fenceworks, LLC, a Riverside, California–based fencing installer and distributor. Financial terms were not disclosed; Fenceworks operates ~15 locations in California with approximately 500 employees and provides installation and wholesale distribution to homebuilders, commercial customers, and local fencing providers.
-
November 6, 2023
- Buyer
- Roofed Right America, Great Range Capital
- Target
- Upstate Roofing & Painting
- Industry
- Construction
- Location
- New York, United States
- Type
- Addon
Milwaukee-based Roofed Right America (RRA), a commercial roofing platform backed by Great Range Capital, has acquired Upstate Roofing & Painting, a Rochester, New York-based provider of reroofing, painting and repair services. Upstate — its first add-on for the RRA platform — will continue to be led by President Bob Morgan and brings a team of more than 100 employees serving commercial clients across Western and Upstate New York.
-
November 6, 2023
- Buyer
- The Bay Crane Companies, Inc.
- Target
- Locke Crane Services, LLC
- Industry
- Construction
- Location
- Massachusetts, United States
- Type
- Buyout
The Bay Crane Companies, Inc. has acquired Locke Crane Services, LLC, a family-owned crane, rigging and heavy-haul services provider, expanding Bay Crane's New England footprint and branch network. The acquisition adds Locke's fleet and experienced team to Bay Crane’s regional operations to broaden its turn-key lifting and heavy-haul capabilities across New England.
-
November 1, 2023
- Buyer
- The JF Petroleum Group
- Target
- Jones Covey Inc.
- Seller
- Bret Covey, Bob Christie
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
The JF Petroleum Group has acquired Jones Covey Inc., a Southern California-based general contracting and fuel-infrastructure services firm. The deal expands JF's installation, construction, maintenance and compliance capabilities and creates a coast-to-coast turn-key fueling solutions platform; terms were not disclosed.
-
November 1, 2023
- Buyer
- HB Capital
- Target
- Structural Building Components LLC
- Seller
- Current owner(s)
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
HB Capital has acquired Structural Building Components LLC, a Deerfield Beach, Florida-based specialty contractor that provides structural shells for single- and multi-family homes. The deal facilitates a sale of equity from the current owner(s) toward employee ownership, and SBC will continue to operate under its existing management and brand.
-
- Buyer
- Six Pillars Partners, Centerfield Capital Partners, Petra Capital Partners, Concentric Investment Partners, UMB Capital Corporation
- Target
- Royalty Roofing, Majestic Facility Experts
- Industry
- Construction
- Location
- Indiana, United States
- Type
- Recapitalization
Six Pillars Partners led a recapitalization of Royalty Roofing and sister company Majestic Facility Experts to support national growth and pursue add-on acquisitions. Capital for the transaction was provided by Centerfield Capital Partners, Petra Capital Partners, Concentric Investment Partners, and UMB Capital Corporation; founder Andy Royalty remains as President and the Company completed a strategic bolt-on at closing.
-
- Buyer
- Percheron Capital
- Target
- SafeBasements
- Industry
- Construction
- Location
- Minnesota, United States
- Type
- Buyout
Percheron Capital has acquired SafeBasements, a Minnesota-based foundation repair and basement waterproofing services company, as the first investment in a new platform focused on foundation repair and waterproofing. Percheron named industry veteran Deb Dulsky as CEO to lead growth and expansion across the Midwest, leveraging SafeBasements' vertically integrated products and experienced team.
-
October 19, 2023
- Buyer
- Alta Equipment Group
- Target
- Burris Equipment Co.
- Seller
- Barry and Debbie Heinrichs, David and Debra Zenner
- Industry
- Construction
- Location
- Illinois, United States
- Type
- Buyout
Alta Equipment Group has agreed to acquire Burris Equipment Co., a three-location construction and turf equipment dealer and rental business based in Waukegan, Illinois, for $14.0 million in cash. The deal — expected to close in Q4 2023 — expands Alta's presence in the Chicago market, adds rental fleet capacity and OEM relationships, and preserves Burris's brand while the selling owners retire.
-
- Buyer
- Turner Brothers, LLC
- Target
- Woodland Tilt-Up, Inc.
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
Turner Brothers, LLC, a Massachusetts-based concrete building services company, has acquired Woodland Tilt-Up, Inc., a Florida-based specialty tilt-up construction contractor, to establish a presence in South Florida. The acquisition supports Turner Brothers’ strategic expansion into the Southeast to better serve commercial, multi-family, residential, and distribution clients.
-
October 12, 2023
- Buyer
- Branford Castle Partners II, L.P.
- Target
- Marine Floats
- Industry
- Construction
- Location
- Washington, United States
- Type
- Buyout
Branford Castle Partners II, an affiliate of Branford Castle Partners, has made a strategic investment in Marine Floats, a Tacoma, Washington-based specialty marine contractor that designs, fabricates and installs marinas, floating docks and waterfront structures while providing environmental and permitting advisory services. Branford will partner with founder and President Logan Brown to support growth and expand the company’s offerings and reach across the Pacific Northwest; terms were not disclosed.
-
October 12, 2023
- Buyer
- Trumark Homes
- Target
- Wathen Castanos Homes
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Trumark Homes announced it is expanding into Central California by acquiring Wathen Castanos Homes. The deal is structured as a “land light” transaction in which Trumark acquires homebuilding operations and existing work-in-process homes/lots, while the Wathen Castanos ownership group retains its land development business and sells finished lots to Trumark over time.
-
October 10, 2023
- Buyer
- Pave America, LLC, Shoreline Equity Partners, Trivest Partners
- Target
- Kansas Asphalt
- Industry
- Construction
- Location
- Kansas, United States
- Type
- Addon
Pave America has partnered with and added Kansas Asphalt, a Bucyrus, Kansas–headquartered asphalt and concrete paving and maintenance provider, to its platform as an add-on to expand its national footprint. The transaction brings Kansas Asphalt’s self-performing locations and subcontractor network into Pave America’s platform, which is backed by private equity sponsors including Shoreline Equity Partners (and referenced Trivest Partners in the announcement).
-
October 5, 2023
- Buyer
- Bow River Capital
- Target
- Westport Pools, Progressive Commercial Aquatics
- Seller
- Existing equity owners of Westport Pools and Progressive Commercial Aquatics
- Industry
- Construction
- Location
- United States
- Type
- Growth capital
Bow River Capital made a strategic growth investment to combine Westport Pools and Progressive Commercial Aquatics into Landmark Aquatic, a national commercial aquatic services platform. The combined company will offer design, construction, maintenance, renovation and chemical supply services to municipal, education and private-club clients across the United States, with existing equity owners retaining meaningful stakes and continuing to lead operations.
-
October 4, 2023
- Buyer
- SageHome, Cairngorm Capital Partners LLP
- Target
- Safe Showers LLC
- Seller
- Chris Edelen, Joan Edelen
- Industry
- Construction
- Location
- Texas, United States
- Type
- Addon
Cairngorm Capital-backed SageHome has acquired Safe Showers LLC, a San Antonio-based bath remodeling business that specializes in fast installations for seniors, veterans, and others with access difficulties. The deal expands SageHome's geographic footprint into Texas and the U.S. South; Safe Showers' leadership (Chris and Joan Edelen) will remain with the business.
-
October 4, 2023
- Buyer
- Great Day Improvements, LLC
- Target
- K-Designers
- Seller
- Larry Judson (founder and CEO of K-Designers)
- Industry
- Construction
- Location
- California, United States
- Type
- Buyout
Great Day Improvements, a vertically integrated direct-to-consumer home improvement platform, has acquired K-Designers, a Sacramento-area remodeling contractor specializing in siding, windows, doors, roofing and bathroom remodeling. The acquisition lets Great Day enter the California market and strengthen its presence across the Western U.S.; Angle Advisors served as exclusive advisor to K-Designers.
-
- Buyer
- U.S. Waterproofing, Rotunda Capital Partners
- Target
- Foundation Solutions 360
- Industry
- Construction
- Location
- Michigan, United States
- Type
- Addon
U.S. Waterproofing, a portfolio company of Rotunda Capital Partners, has acquired Foundation Solutions 360 (FS360), a Fraser, Michigan-based residential foundation repair and basement waterproofing services provider. The deal expands U.S. Waterproofing's Midwest footprint and service capabilities; FS360 founder Joe Marth will remain overseeing operations as the combined platform pursues further growth and add-on acquisitions.
-
October 2, 2023
- Buyer
- Construction Partners, Inc.
- Target
- Hubbard Paving & Grading, Inc.
- Industry
- Construction
- Location
- South Carolina, United States
- Type
- Buyout
Construction Partners, Inc. (NASDAQ: ROAD) has acquired Hubbard Paving & Grading, Inc., a Walhalla, South Carolina-based paving and grading contractor. The deal adds a hot-mix asphalt plant and related operations to CPI's South Carolina platform King Asphalt, Inc., expanding CPI's service footprint in the Upstate/Greenville metro region.
-
October 2, 2023
- Buyer
- The JF Petroleum Group
- Target
- Star Construction Inc., SCI Petroleum Inc.
- Seller
- Star Construction Inc., SCI Petroleum Inc., Brian Starer
- Industry
- Construction
- Location
- South Carolina, United States
- Type
- Buyout
The JF Petroleum Group has acquired the assets of Star Construction Inc. and SCI Petroleum Inc., relocating those assets to its Charleston, South Carolina Dykstra Construction branch. The deal brings former owner Brian Starer and licensed master electrician Brett Barnes into JF's Dykstra Construction leadership team and expands JF's installation, construction, and electrical capabilities in the Southeast.
-
October 2, 2023
- Buyer
- Pave America, LLC
- Target
- Central States Paving & Concrete, LLC
- Seller
- Grove Mountain Partners
- Industry
- Construction
- Location
- United States
- Type
- Addon
Pave America, a national asphalt and concrete maintenance platform, acquired Central States Paving & Concrete (CSPC) in a transaction that closed in September 2023. The deal expands Pave America's Midwest footprint—adding CSPC locations in Wisconsin, Indiana and Kansas—and Grove Mountain Partners (the seller) retains a significant equity stake in the combined platform.
-
September 28, 2023
- Buyer
- The Valcourt Group
- Target
- Superior Grouting & Restoration Services, LLC
- Seller
- Dave Schwartz (Owner and President of Superior Grouting & Restoration Services)
- Industry
- Construction
- Location
- Maryland, United States
- Type
- Buyout
The Valcourt Group has acquired Superior Grouting & Restoration Services, LLC (SGS), a Riverdale, Maryland–based provider of waterproofing, grouting and concrete restoration services. The acquisition expands Valcourt's service footprint and technical capabilities in the Washington, D.C. metropolitan area and adds experience servicing water and wastewater treatment facilities.
-
September 26, 2023
- Buyer
- Ditch Witch of South Texas, Bluestem Equity, LLC.
- Target
- Ditch Witch of Houston
- Industry
- Construction
- Location
- Texas, United States
- Type
- Addon
Ditch Witch of South Texas, a portfolio company of Bluestem Equity, has acquired Ditch Witch of Houston. The add-on expands the platform's footprint in the Texas construction and infrastructure markets and brings the Houston dealer's sales, rental, and service capabilities into the Bluestem-backed network.
-
September 25, 2023
- Buyer
- Tecta America Corporation
- Target
- Pieros Construction Co. (Pieros Roofing)
- Industry
- Construction
- Location
- New Jersey, United States
- Type
- Addon
Tecta America Corporation has acquired Pieros Construction Co. (operating as Pieros Roofing), a Somerville, New Jersey-based commercial roofing contractor. Pieros will continue operating under its leadership as Pieros Roofing, a Tecta America Company, and the deal expands Tecta’s presence and service capabilities in Central and Northern New Jersey.
-
September 20, 2023
- Buyer
- Core Roofing Systems, LLC, Shoreline Equity Partners
- Target
- McCurdy-Walden, Inc.
- Seller
- McCurdy-Walden owners (Mark Walden and Jonathan Walden)
- Industry
- Construction
- Location
- Florida, United States
- Type
- Addon
Core Roofing Systems, a Shoreline Equity Partners-backed commercial roofing platform, has acquired McCurdy-Walden, a Jacksonville-based commercial roofing and waterproofing contractor. The deal expands Core's presence in Florida and positions McCurdy-Walden as a regional sub-platform under Core's growth strategy; financial terms were not disclosed.
-
September 18, 2023
- Buyer
- OMERS Private Equity
- Target
- Knight Commercial
- Industry
- Construction
- Location
- Texas, United States
- Type
- Buyout
OMERS Private Equity has signed a definitive agreement to acquire a majority stake in Knight Commercial, a Dallas-area provider of commercial restoration, reconstruction and roofing services. The investment will fund footprint expansion and pursue growth through M&A while Knight Commercial co-founders Adam McKelvey and Peter Tredennick remain significant shareholders.
-
September 15, 2023
- Buyer
- Hillcore Group
- Target
- Midlite Construction Ltd.
- Industry
- Construction
- Location
- Alberta, Canada
- Type
- Buyout
Hillcore Group has completed the acquisition of Midlite Construction Ltd., a Fort McMurray-based powerline construction and maintenance company. The deal expands Hillcore's industrial and utility services capabilities and strengthens its regional presence across Alberta and Western/ Northern Canada.
-
September 15, 2023
- Buyer
- Crescendo Capital Partners, LLC, Stonehenge Capital Company, LLC
- Target
- Nevada Drywall, Stucco & Stone Inc.
- Seller
- Principals of Nevada Drywall, Stucco & Stone (including co-owner Marc Garrick)
- Industry
- Construction
- Location
- Nevada, United States
- Type
- Recapitalization
Crescendo Capital Partners completed a majority recapitalization of Nevada Drywall, Stucco & Stone Inc. (NDSS) on September 15, 2023, with Stonehenge Capital providing senior debt and equity co-investment. NDSS principals (including co-owner Marc Garrick) retain equity and remain in leadership; GulfStar Group served as exclusive financial advisor to NDSS.
-
September 14, 2023
- Buyer
- Gold Medal Pools
- Target
- Champion Pool Service, Foley Pools Service and Maintenance Division
- Seller
- Foley Pools
- Industry
- Construction
- Location
- Texas, United States
- Type
- Addon
Gold Medal Pools, based in Lewisville, Texas, acquired Champion Pool Service and the Service & Maintenance division of Foley Pools to expand its service footprint in North Texas. These deals are part of Gold Medal Pools' acquisition-led roll-up strategy (its 21st company) to scale maintenance and service capabilities across the Sunbelt.
-
September 14, 2023
- Buyer
- Diverzify
- Target
- Wholesale Floors, LLC
- Industry
- Construction
- Location
- Arizona, United States
- Type
- Addon
Diverzify, a national commercial flooring and interior services provider, has acquired Phoenix-based Wholesale Floors, LLC to expand its West Coast and Arizona presence. Wholesale Floors, a nearly 45-year-old commercial flooring distributor and contractor focused on healthcare and education clients, will join Diverzify's network of brands as part of the company's continued roll-up strategy.
-
September 13, 2023
- Buyer
- CertaSite, The Riverside Company
- Target
- Eastman Fire Protection
- Seller
- Doug Cheesman
- Industry
- Construction
- Location
- Michigan, United States
- Type
- Addon
CertaSite, a commercial fire protection and life safety company headquartered in Indianapolis, has acquired Eastman Fire Protection of Troy, Michigan. The acquisition — CertaSite's eighth in Michigan — expands its local footprint and capabilities; all Eastman employees were retained and the business will operate within the CertaSite platform.
-
September 6, 2023
- Buyer
- Tecum Equity Alpha Management (TEAM), Tecum Capital Management, Inc.
- Target
- Matthews Wall Anchor and Waterproofing
- Seller
- Bud Norton, Ben Ditson
- Industry
- Construction
- Location
- Pennsylvania, United States
- Type
- Addon
Tecum Equity Alpha Management ("TEAM") has acquired Matthews Wall Anchor and Waterproofing, which will join TEAM's Dry Acquisition LLC (dba The Basement Doctor) platform alongside Basement Doctor and NASH Distribution. The add-on expands the platform's basement waterproofing, foundation repair, crawl space encapsulation and remediation capabilities and preserves continuity of ownership with existing Matthews leadership engaged in the transition.
-
September 1, 2023
- Buyer
- GNI Management Group Inc., Ironbridge Equity Partners
- Target
- Advanced Insulation Inc.
- Industry
- Construction
- Location
- Manitoba, Canada
- Type
- Addon
GNI Management Group Inc., an Ironbridge Equity Partners portfolio company, has acquired Winnipeg-based Advanced Insulation Inc., a provider of insulation services focused on new-home construction and retrofit markets in the Winnipeg region. The deal expands GNI’s geographic footprint into Manitoba; Advanced’s president Evan Lavallee will remain as branch manager to support integration and local growth.
Full Export
Purchase this data
Get the full acquisitions list for this page as CSV + XLSX.
Build a buyer list for your Construction deal
Find buyers actively acquiring construction companies.
Related Acquisition Pages
Construction Buyers & Acquisitions
Construction Buyers & Acquisitions in Canada
Private Equity-Backed Construction Buyers
Construction Acquisitions in Maryland
Construction Acquisitions in Florida
Construction Acquisitions in Texas
Construction Acquisitions in Georgia
Construction Acquisitions in Pennsylvania
Construction Acquisitions in North Carolina