Design-build firm Clayco has launched an investment arm called Treehouse Adventures to provide financing and operational infrastructure to startups, including those serving the AEC industry.
“We see a lot of opportunities in construction services,” says Michael Latiner, who joined Clayco last November as Treehouse’s President and Principal.
The goal is to create an environment where fledgling companies can concentrate on innovation and worry less about running a business. Clayco has dedicated the 14th floor of its headquarters in Chicago to provide space for the startups.
Treehouse’s first investment is Chicago-based Ventana Design-Build Systems, a five-month-old company that designs, supplies, and installs high-performance glass curtain wall façade systems. Latiner says Ventana’s President, Bob Trainor (center in photo, flanked by VPs Marty Trainor, left, and Ryan Murphy), was known in the business and had the ideas and processes, but needed Clayco’s operational backbone for support. “We were able to get them up and running in a week,” says Latiner.
Trainor says that Treehouse uses Clayco’s back-office services to provide marketing, IT, legal, and accounting support. It also provides an experienced senior management team and a network of relationships that startups like Ventana can leverage.
Treehouse doesn’t have a dedicated fund set aside for investment, but Latiner says he anticipates investing in two or three companies a year. A second deal has already been cut, with a technology startup whose expertise is making buildings smarter.
Read about more innovations from BD+C's 2014 Great Solutions Report.
Related Stories
| Oct 25, 2011
HKS Science & Technology practice formed
Specializing in the planning and design of highly technical building types, HKS’s Science & Technology practice offers the broadest range of services available to the academic and biomedical research, biotechnology, pharmaceutical and medical device community, including laboratory programming, planning and design, strategic science planning and laboratory equipment planning.
| Oct 25, 2011
Universal teams up with Earthbound Corp. to provide streamlined commercial framing solutions
The primary market for the Intact Structural Frame is light commercial buildings that are typically designed with concrete masonry walls, steel joists and steel decks.
| Oct 25, 2011
Ritner Steel CEO elected to AISC Board
Freund will begin serving on the AISC board of directors, assisting with the organization's planning and leadership in the steel construction industry.
| Oct 25, 2011
Commitment to green building practices pays off
The study, conducted by the Pacific Northwest National Laboratory, built on a good indication of the potential for increased productivity and performance pilot research completed two years ago, with similarly impressive results.
| Oct 25, 2011
DOE issues report on financing solar photovoltaic systems for K-12 schools
The report examines the two primary types of ownership models used to obtain solar installations. This analysis can help school administrators across the country select the best option for deploying solar technologies in their school districts.
| Oct 25, 2011
MKK participates in BSA Engineering Merit Badge day
MKK principal Craig Watts attended the event as a representative of the MEP (mechanical/electrical/plumbing) engineering industry to give scouts an idea of what’s involved in becoming a mechanical engineer, and an overview of a typical day in the life of an engineer.
| Oct 24, 2011
FMI releases Adjust, Adapt, Act Study
The paper explores several case studies, including Sun Country Builders, Huen, BakerTriangle, Consigli, Skender Construction and Flatiron, and distills the key factors that make these companies unique and successful.
| Oct 24, 2011
BBS Architects & Engineers receives 2011 Sustainable Design Award from AIA Long Island Chapter
AIA LI also recognized BBS with the 2011 ARCHI Award Commendation for the St. Charles Resurrection Cemetery St. Charles Resurrection Cemetery Welcoming and Information Center in Farmingdale, NY.
| Oct 24, 2011
Kolbe adds 3-D models of direct set windows to BIM library?
Beveled Direct Set SketchUp and Revit Models available.