Rhode Island-based Gilbane Building Company, one of the nation’s leading providers of Construction Management and related services, announced today plans to acquire W.G. Mills, Inc., a construction management firm with operations based in Florida. The acquisition will dramatically strengthen Gilbane’s position in Florida’s growing market and complement its already established presence in the southeast.
“The Mills firm is a good fit for Gilbane both geographically and strategically,” says Thomas F. Gilbane, Jr., chairman and CEO. “Both companies are completely focused on client satisfaction and many of the markets we serve overlap. This newest addition to the Gilbane family of services makes us stronger and adds depth to our capabilities.”
The merger of W.G. Mills into Gilbane will leverage Gilbane’s national knowledge base, financial depth and employee training to enable the Mills operations to deliver even larger and more sophisticated projects to its broad Florida client base.
W.G. Mills is a major player in the state of Florida with seven offices and enjoys a reputation for exceeding clients’ expectations. With 155 employees and annual revenue of $250 million, the firm is active in a variety of construction sectors, including educational facilities, commercial, retail, health care, hospitality, and recreational facilities. Offering all types of delivery approaches over the past 38 years, W.G Mills has achieved significant growth in the Florida region in large part due to a repeat client-base.
“We began working with Gilbane as a joint venture partner and recognized right away that our companies were a perfect fit. We are both privately owned and both have an intense focus on taking care of our customers,” says Lemuel Sharp III, President of W.G. Mills. “For us, it’s all about people and forming deep client relationships, and Gilbane shares these same values.”
W.G. Mills, Inc. will become an integrated part of Gilbane’s current operations, serving as the company’s Florida region and operating under the name Mills Gilbane. The W.G. Mills management team will remain in place, with Sharp becoming Senior Vice President and Regional Manager of Gilbane’s new Florida regional office. The acquisition is expected to be complete December 1, 2010, subject to satisfactory completion of due diligence currently in progress.
About Gilbane Building Company
Gilbane Building Company provides a full slate of construction and facilities-related services –from sustainable building to the latest in construction technology – for clients across various markets. Founded in 1873 and still a privately held, family-run company, Gilbane has more than 40 office locations across the country and an international presence through its subsidiary, Innovative Technology Solutions, Inc. (ITSI). Acquired by Gilbane in August 2010, ITSI is an international, award-winning, design-build infrastructure and environmental solutions firm focused on Department of Defense and Department of Energy work. For more information, visit http://www.gilbaneco.comhttp://www.gilbaneco.com.
Related Stories
Retail Centers | Aug 27, 2015
Vallco Shopping Mall renovation plans include 'largest green roof in the world'
The new owners of the mall in Cupertino, Calif., intend to transform the outdated shopping mall into a multi-purpose complex, topped by a 30-acre park.
Libraries | Aug 27, 2015
Barack Obama Foundation begins search for presidential library architect
Both national and foreign firms will compete for chance to design the Chicago-based Presidential Center.
Architects | Aug 27, 2015
How to transition leadership within your architecture firm, Part 1
In order for your firm to thrive and preserve your legacy after retirement, it is essential that you create a strategic plan to not only transition ownership of your firm but its leadership as well.
Mixed-Use | Aug 26, 2015
Innovation districts + tech clusters: How the ‘open innovation’ era is revitalizing urban cores
In the race for highly coveted tech companies and startups, cities, institutions, and developers are teaming to form innovation hot pockets.
Office Buildings | Aug 19, 2015
Good design can combat open-office issues
Three tricks to maintain privacy and worker production in a cube-less world, according to GS&P's Jack E. Weber
Architects | Aug 19, 2015
Despite dip, architecture billings remain strong
The American Institute of Architects (AIA) reported the July ABI score was 54.7, down a point from a mark of 55.7 in June.
Architects | Aug 17, 2015
Historic power plant converted to modern offices in Minnesota
A landmark power plant in Owatonna, Minn., damaged in a 2010 flood has new life as the headquarters of Owatonna Public Utilities following a renovation by architects Leo A. Daly.
High-rise Construction | Aug 11, 2015
Calatrava's Turning Torso wins CTBUH's 10 Year Award
The 623-foot, 57-story tower was the world's first twisting skyscraper. Completed in 2005, the building, designed by Santiago Calatrava, rotates 90 degrees along its height.
Architects | Aug 11, 2015
Architecture firm compensation trending upwards
Latest AIA compensation survey finds average compensation for staff positions up 3.5 percent from early 2013
Architects | Aug 11, 2015
12 architecture schools join NCARB's 'speedy path to licensure' program
For architecture students, a license to practice may soon be available as early as graduation day