ARCO | February 23, 2022
ARCO Design/Build (ARCO) has announced that respected engineering firm, Smith Roberts & Associates (SRA) will operate as ADB Structural Engineering and function as an extension of ARCO DB Companies, Inc.
"We're excited about joining forces and expanding the impact and delivery of ADB Structural Engineering, SRA and ARCO have a long history of working together to deliver industry leading solutions for industrial clients. We look forward to continuing our work together as one team."A proven leader in design-build construction, ARCO has been expanding their in-house design capabilities with the establishment of their architectural group, ADB Design Services in 2017 and ADB Structural Engineering in 2020. Both groups provide architectural and structural design services for ARCO related projects in industrial speculative buildings and build to suit projects nationwide.
-Tom Smith, President of SRA
Our groups in the Northeast and Indianapolis have been working with Tom and the SRA Team for close to 15 years," said Andrew Long, Vice President and Director of Structural Engineering for ADB Structural Engineering. "We've developed great relationships with the SRA team and they have been an incredible partner and a huge part of our success.
In-house structural engineering provides ARCO even greater ability to control every aspect and detail of a building. Throughout the duration of a project, ADB Structural Engineering is in constant communication with design/build managers and architectural teams to complete designs as efficient as possible and to ensure the construction team has the support they need.
"SRA has built a tremendous reputation as a leader in structural engineering with a proven track record of successful projects in Indianapolis and across the country,Together, we will continue to make the construction experience enjoyable for our clients. We're thrilled to welcome the SRA team to the ARCO family."
-Ben Titus, President, ARCO Design/Build Indianapolis.
About ARCO Design/Build
ARCO Design/Build (arcodb.com) is a national design-build firm widely recognized as an industry leader for various industrial project types, including but not limited to cold storage warehouse, light industrial distribution, and manufacturing. ARCO's turnkey approach allows customers to have a direct relationship with one company, ensuring a single point of contact that will allow for clear lines of communication resulting in savings of time and cost. Capabilities include project feasibility studies, site selection, complete design, logistical design, budgeting, up-front competitive lump sum pricing, value engineering, code consulting and full general contracting.
About ADB Structural Engineering
ADB Structural Design delivers timely and cost-effective designs for industrial and commercial projects. Our structural team collaborates with design/build managers, architects, and MEP/FP engineers to provide resourceful solutions contributing to the successful and timely completion of projects.
Construction Partners | March 22, 2022
Construction Partners, Inc., a vertically integrated civil infrastructure company focused on the construction and maintenance of roadways in five southeastern states, announced the acquisition of GAC Contractors, Inc.'s asphalt, grading, and site work operational assets, including its Panama City, Florida, hot-mix asphalt plant.
"This transaction represents our third acquisition in the Florida panhandle in the past two years, reflecting our commitment to this dynamic and growing area of the Southeast. The addition of GAC's assets and crews meaningfully enhances our operational resources and capabilities in an existing growth market. At a time when attracting and retaining talent is paramount, we are pleased to welcome more than 200 former GAC employees to our team."
Fred J. (Jule) Smith, III, the Company's President, and Chief Executive Officer
Certain statements in this press release are "forward-looking statements" as defined in Section 27A of the Securities Act and 21E of the Exchange Act.
Capital Construction | December 13, 2021
Capital Construction, LLC (www.capitalmn.com), a premier provider of roof replacement and other exterior restoration services to residential customers in the Midwest, and portfolio company of O2 Investment Partners, LLC (www.o2investment.com), announced that it has partnered with Irish Roofing & Exteriors, LLC (www.irishroofs.com)Irish Roofing & Exteriors (“Irish” or the “Company”) is a leading provider of roof replacement and repair and other exterior restoration services to customers in West Michigan. Irish is headquartered in Grand Rapids, MI and earlier in 2021 opened its second branch location in Portage, MI.
“We are excited about the growth opportunities ahead of us, and are confident that Capital and O2 are the right partners to help us achieve our goals.” Ju Yang, President, added, “We’re thrilled to partner with Capital and O2 and believe that this combination will be highly beneficial to our customers, employees, and the communities we serve.”
-Larry Sidebotham, President of Irish
Andy Oakes, CEO of Capital Construction (“Capital”), commented, Larry and Ju have grown Irish into one of the leading roofers in Michigan. The Company’s robust presence in Michigan and strong reputation for quality and customer service aligns perfectly with our vision for the platform. We are excited to partner with them and grow together.
Mike Cotant of O2 Investment Partners commented, “The combination of Capital and Irish bolsters the platform’s footprint in the Midwest and opens up additional organic and inorganic growth opportunities for the platform. It is an excellent strategic fit and we are excited to continue growing the business with our partners.”
About Capital Construction:
Founded in 2010, Capital Construction is a provider of roof replacement and other exterior restoration services to single-family and multi-family residential customers in the Midwest. Capital focuses on restoring properties that have been damaged by hail and/or wind and guides its customers through the complex construction and insurance processes with a high-touch, tech-enabled approach that is a true differentiator in the fragmented roofing landscape. Capital is headquartered in Burnsville, MN. Additional information is available at www.capitalmn.com.
About Irish Roofing & Exteriors:
Founded in 2018, Irish Roofing & Exteriors is a provider of roof replacement and repair and other exterior restoration services to customers in West Michigan. Irish primarily serves the single-family and multi-family residential end markets and focuses on providing high-quality workmanship along with a best-in-class customer experience that is driven by the Company’s regimented, tech-driven sales and production processes. Irish is headquartered in Grand Rapids, MI and earlier in 2021 opened its second branch location in Portage, MI. Additional information is available at www.irishroofs.com.
About O2 Investment Partners:
O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire majority interests in lower middle market B2B services, technology, and select industrial companies. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value. O2 invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management. Additional information is available at www.o2investment.com.