Tracked deals
12
12 tracked deals across 2020-2026.
Construction Buyers & Acquisitions in Washington
Buyer mix
Mixed buyer set
9 strategic · 5 pe
Top trend
Volume peaked in 2024
3 tracked deals announced in 2024.
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 |
|---|---|---|---|
| Groundworks | 2 | National foundation and water management solutions compan... | Strategic (PE-backed) |
| Branford Castle Partners II, L.P. | 1 | Lower-middle-market private equity firm focused on contro... | PE |
| Crossplane Capital | 1 | Private equity firm investing in industrial business serv... | PE |
| Exchange Income Corporation | 1 | Diversified, acquisition-oriented public company focused ... | Strategic |
| Griffin Dewatering | 1 | Provider of groundwater control, dewatering and water tre... | Strategic (PE-backed) |
| Installed Building Products, Inc. | 1 | Nationwide installer of residential insulation and comple... | Strategic |
| Kelso Industries | 1 | Provider of mechanical, electrical, plumbing, HVAC, and o... | Strategic (PE-backed) |
| New Mountain Capital | 1 | Growth-oriented investment firm focused on business-build... | PE |
| O2 Investment Partners | 1 | Midwestern private equity firm focused on lower middle ma... | PE |
| ORR Protection Systems, Inc. | 1 | Provider of mission-critical fire protection solutions in... | Strategic |
Acquisition Volume in Construction in Washington by Year
Last 6 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- Kelso Industries
- Target
- Clearwater Construction & Management, LLC
- Industry
- Construction
- Location
- Washington, United States
- Type
- Addon
Kelso Industries acquired Clearwater Construction & Management, a Spokane-based general contractor providing design-build and structural concrete services. The acquisition closed on July 23, 2026, expanding Kelso’s construction capabilities and presence in the Pacific Northwest.
-
August 21, 2025
- Buyer
- ORR Protection Systems, Inc.
- Target
- Compass Fire Protection, LLC
- Industry
- Construction
- Location
- Washington, United States
- Type
- Buyout
ORR Protection Systems, Inc. has acquired the business assets of Compass Fire Protection, LLC to add union sprinkler capabilities and strengthen ORR's presence in the Pacific Northwest. The deal expands ORR's integrated fire protection offering—alarm, detection, suppression, sprinkler, and monitoring—and aims to provide turnkey, code-compliant solutions for customers across the region.
-
August 28, 2024
- Buyer
- Groundworks
- Target
- Rainy Day Basement Systems
- Seller
- Dan Malsch (owner of Rainy Day Basement Systems)
- Industry
- Construction
- Location
- Washington, United States
- Type
- Addon
Groundworks, a Virginia Beach-based foundation and water management platform, has acquired Arlington, Washington-based Rainy Day Basement Systems. The acquisition expands Groundworks' Seattle-area footprint and brings Rainy Day's basement waterproofing and crawl space repair team into the Groundworks network while retaining the local team and offering employees ownership opportunities.
-
August 1, 2024
- Buyer
- O2 Investment Partners
- Target
- Harley Exteriors
- Seller
- Christian Daher
- Industry
- Construction
- Location
- Washington, United States
- Type
- Growth capital
O2 Investment Partners has partnered with Harley Exteriors, a Bothell, Washington-based residential renovation company specializing in replacement windows, doors, and gutters. The investment (terms not disclosed) will support Harley’s organic and inorganic growth as O2 launches Harley as a new platform in the home renovation services market.
-
- Buyer
- Groundworks
- Target
- Matvey Foundation Repair, Inc.
- Seller
- Matthew Cote (owner of Matvey Foundation Repair)
- Industry
- Construction
- Location
- Washington, United States
- Type
- Addon
Groundworks, a national foundation and water management solutions company, has acquired Seattle-based Matvey Foundation Repair, Inc., marking Groundworks’ first location in Washington and expanding its West Coast footprint. The acquisition brings Matvey’s foundation repair, waterproofing and concrete services into Groundworks’ national platform and offers Matvey employees access to broader resources and ownership opportunities.
-
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.
-
December 1, 2021
- Buyer
- New Mountain Capital
- Target
- Cumming Group
- Seller
- Tailwind Capital
- Industry
- Construction
- Location
- Washington, United States
- Type
- Buyout
New Mountain Capital has partnered with Seattle-based Cumming Group in a growth-oriented transaction in which Tailwind Capital sold its stake while retaining an equity interest alongside New Mountain. Terms were not disclosed; Cumming is an international project and cost management consultancy with 1,100+ employees across 41 offices and will use New Mountain's capital to pursue organic growth and acquisitions.
-
July 30, 2021
- Buyer
- WestView Capital Partners
- Target
- Prime Electric
- Industry
- Construction
- Location
- Washington, United States
- Type
- Recapitalization
WestView Capital Partners provided growth financing to support a management-led recapitalization of Prime Electric, a Bellevue, Washington-based electrical services and construction company. The investment will support Prime's growth and expansion of service offerings while preserving existing management ownership and operations.
-
- Buyer
- Griffin Dewatering, Crossplane Capital
- Target
- Slead Construction/Dewatering
- Seller
- Slead Construction/Dewatering
- Industry
- Construction
- Location
- Washington, United States
- Type
- Addon
Griffin Dewatering, a portfolio company of Crossplane Capital, acquired a portion of Slead Construction/Dewatering of Tacoma, Washington to expand its groundwater control and water treatment services in the Pacific Northwest. The deal adds local dewatering capabilities to Griffin’s national platform, which operates ten full-service locations supplying groundwater control services and pumping equipment to the construction industry.
-
October 28, 2020
- Buyer
- Installed Building Products, Inc.
- Target
- Norkote, Inc.
- Industry
- Construction
- Location
- Washington, United States
- Type
- Buyout
Installed Building Products, Inc. (IBP) has acquired Norkote, Inc., a specialty coatings and insulation installer headquartered in Everett, Washington. The acquisition (terms undisclosed) adds approximately $10 million of annual revenue and expands IBP's commercial presence in Washington and Oregon.
-
- Buyer
- Exchange Income Corporation, Quest Window Systems Inc.
- Target
- Window Installation Specialists, Inc.
- Seller
- Louis Mark (owner and CEO)
- Industry
- Construction
- Location
- Washington, United States
- Type
- Buyout
Exchange Income Corporation (EIC) completed the acquisition of all issued and outstanding shares of Window Installation Specialists, Inc. (WIS) for US$45.0 million. The deal integrates WIS into EIC’s Quest Window Systems platform to vertically expand supply-and-install glazing capabilities on the U.S. West Coast; WIS founder and CEO Louis Mark committed to remain in his role.
-
February 4, 2020
- Buyer
- Skyline Construction Enterprises, Inc.
- Target
- Unimark Construction Group LLC, Servicemark LLC
- Industry
- Construction
- Location
- Washington, United States
- Type
- Addon
Skyline Construction Enterprises, Inc. has acquired Seattle-based Unimark Construction Group LLC and its sister company Servicemark LLC as an add-on to its family of commercial real estate and construction companies. The deal expands Skyline’s geographic footprint and capabilities in Seattle while providing succession planning and organizational support for the acquired teams; Unimark and Servicemark will continue operating under their existing brands and teams.
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 2026
Construction Acquisitions in 2025
Construction Acquisitions in 2024
Construction Acquisitions in 2023
Construction Acquisitions in 2021
Construction Acquisitions in 2020
Acquisitions in Washington
Private Equity-Backed Acquisitions in Washington
Acquisitions in Washington in 2026