Construction Acquisitions in Wisconsin

Keller, a Kaukauna, Wisconsin–based design-build general contractor, has acquired Appleton-based Hoffman Planning, Design & Construction, Inc. Hoffman will operate as “A Keller Company” while retaining its brand and local office; leadership changes include Sam Statz moving to a business development role and Chad Ulman leading Hoffman. The combination aims to bring complementary markets and expand Keller’s project delivery and design-build capabilities while preserving operational continuity.

Soundcore Capital Partners has made a majority investment in Ridge Top Exteriors and launched a new platform, TrussPoint Roofing & Exterior Renovations, to pursue a buy-and-build strategy in the residential exterior services market. TrussPoint named Chad Colony as CEO and will use Ridge Top (headquartered in Madison, Wisconsin) as its initial platform company to expand across roofing, siding, windows/doors, gutters and solar services.

Heartland Paving Partners has acquired Poblocki Paving Corporation, a Wisconsin-based provider of asphalt and concrete paving, maintenance, and repair services. The deal expands Heartland's footprint in the Upper Midwest and Northeast; Poblocki will operate as a Heartland Paving Partner and gain access to Heartland's resources. Heartland is a platform investment of Soundcore Capital Partners.

Leelanau Private Capital completed a recapitalization of Chippewa Concrete Services, a Chippewa Falls, Wisconsin specialty concrete contractor, with subordinated debt and equity provided by Midwest Mezzanine and Oxer Capital. The financing supports a recap alongside the company's largest shareholders, Barry Bohman and Kevin Patrow, to provide shareholder liquidity and support continued operations serving state DOTs, municipalities and roadway contractors.

AVALT, a Boston-based private equity-focused family office, and VantEdge, a Kansas City-based family office investment firm, have acquired Suburban Intermediate Holdco, Inc., a Waukesha, Wisconsin provider of drywall, insulation, steel framing and custom finish installation services. The sponsors invested alongside members of Suburban's management and plan to pursue an acquisition-driven strategy to expand the platform's geographic footprint beyond Wisconsin; terms were not disclosed. High Street Capital sold the company.

Great Range Capital, a Kansas City–area private equity firm, has acquired Roofed Right America, a Milwaukee-headquartered commercial roofing contractor that provides re-roofing and maintenance services across the Central and Eastern U.S. Roofed Right's founders, Adam Brissman (CEO) and Ricardo Herrera (COO), will remain in their roles with significant ownership stakes as GRC supports the company's organic growth and establishes a scalable platform for add-on acquisitions.

Bug Tussel Wireless (a Hilbert Communications company) has acquired KES Excavating Services, a family-owned hydro-excavation and specialty excavation contractor based in Lena, Wisconsin. The acquisition vertically integrates excavation and civil site services into Bug Tussel’s rural internet deployment capabilities to support utility, commercial and telecommunications infrastructure work.

Freeman Spogli & Co. and LightBay Capital, alongside Infinity management, have acquired Infinity Home Services from North Branch Capital, with North Branch remaining a significant shareholder. The recapitalization will support Infinity’s acquisitive growth strategy, expanding its platform capabilities and accelerating organic and add-on expansion across multiple U.S. regions. The transaction closed December 28, 2022.

Tecta America, the national commercial roofing leader, has acquired Oshkosh Industrial Roofing & Sheetmetal, a local roofing and sheetmetal services provider based in Oshkosh, Wisconsin. The founders and key managers will continue to run the business under the Tecta banner, expanding Tecta's local footprint and service capabilities in the Oshkosh market.

Corporate Contractors Inc (CCI) has acquired the business and several assets of Lowell Custom Homes, a Lake Geneva, Wisconsin-based custom home builder founded in 1981. Lowell Custom Homes will operate as a division of CCI with founder Scott Lowell remaining in a leadership role to continue delivering luxury custom home building and remodeling services.

Tecta America Corporation has acquired Pioneer Roofing LLC, a Johnson Creek, Wisconsin-based commercial and industrial roofing contractor founded in 1966. Pioneer Roofing will operate as Pioneer Roofing, a Tecta America Company, with President John Boettcher remaining in a leadership role; the deal expands Tecta's Midwest footprint and service capacity.

High Street Capital portfolio company Suburban has acquired Applewood Drywall, a 40-year provider of insulation, metal framing, drywall, and painting services serving commercial, multi‑family and residential construction customers in Wisconsin. The add-on expands Suburban's service capabilities and positions the combined organization for growth across Upper Midwest markets.

Leaf Home, a portfolio company of Gridiron Capital, has acquired Tundraland Home Improvement, a Kaukauna, Wisconsin-based home remodeling company with over 200 employees. The acquisition expands Leaf Home's product offering—adding decking and exterior solutions—and strengthens its direct-to-consumer home improvement platform.

FHIA Holdings, a York Capital-backed home remodeling platform, has acquired Mad City Windows & Baths, a Wisconsin-based residential remodeler. The add-on expands FHIA's geographic footprint into Wisconsin and strengthens its portfolio of home improvement services including windows, doors, siding, roofing, and kitchen/bath remodeling.