Tracked deals
5
5 tracked deals across 2022-2025.
Tracked deals
5
5 tracked deals across 2022-2025.
Buyer mix
Strategic-led
5 strategic · 2 pe
Top trend
Volume peaked in 2022
3 tracked deals announced in 2022.
Buyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| Allied Services Group | 1 | New electrical services platform formed by Bear Castle to... | Strategic (PE-backed) |
| Bear Castle Capital | 1 | Building‑industry focused private investment firm that in... | PE |
| Groundworks | 1 | National foundation and water-management services platfor... | Strategic (PE-backed) |
| Installed Building Products, Inc. | 1 | Nationwide installer of residential insulation and comple... | Strategic |
| Jackson Infrastructure Services | 1 | Utility and infrastructure services provider serving tele... | Strategic (PE-backed) |
| KLH Capital | 1 | Private equity firm investing in family- and founder-owne... | PE |
| TopBuild Corp. | 1 | Leading installer and specialty distributor of insulation... | Strategic |
Last 3 years
Supporting Data
Bear Castle Capital formed a new electrical services platform, Allied Services Group, and completed the acquisition of Colstrip Electrical, Inc. (CEI). CEI — a full‑service electrical contractor serving Montana, North Dakota, South Dakota and Wyoming across power, industrial, aerospace/defense, healthcare and data center end markets — will remain led by its existing management as Allied scales the platform with Bear Castle's capital and industry expertise.
Groundworks, a Virginia Beach–based national foundation and water management platform, has acquired Yellowstone Structural Systems of Bozeman, Montana. The deal expands Groundworks' western U.S. footprint and establishes its first office in Montana to provide foundation repair, waterproofing and related services to local residential and commercial customers.
Installed Building Products, Inc. (IBP) has acquired Surface Purveyors, LLC, which does business as Lynch Insulation, adding approximately $5 million of annual revenue. The acquisition expands IBP's presence in Montana, with Lynch operating locations in Missoula and Hamilton and specializing in fiberglass and spray foam insulation for residential, multifamily, and commercial projects.
Jackson Infrastructure Services (JIS), a KLH Capital–backed utility and infrastructure services platform headquartered in West Jordan, Utah, has acquired Victory Equity Construction (VECI), an underground telecommunications infrastructure contractor based in Missoula, Montana. The bolt-on expands JIS’s capacity and geographic footprint across the Mountain West and adds experienced field crews to serve growing rural fiber and utility demand.
TopBuild Corp. (TruTeam) has acquired Billings Insulation, a residential insulation installer serving Montana and northern Wyoming. The acquired business generated approximately $6.5 million in revenue for the twelve months ended December 31, 2021 and will be integrated into TopBuild’s TruTeam installation platform to expand its regional footprint.
Find buyers actively acquiring construction companies.