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
| Feb 17, 2012
MacInnis joins Gilbane board of directors
MacInnis is the chairman and recently retired CEO of Connecticut-based EMCOR Group, Inc.
| Feb 16, 2012
Gain greater agility and profitability with ArchiCAD BIM software
White paper was written with the sole purpose of providing accurate, reliable information about critical issues related to BIM and what ArchiCAD with advanced technology such as the GRAPHISOFT BIM Server provide as an answer to address these issues.
| Feb 16, 2012
TLC Engineering for Architecture opens Chattanooga office
TLC Engineering for Architecture provides mechanical, electrical, structural, plumbing, fire protection, communication, technology, LEED, commissioning and energy auditing services.
| Feb 16, 2012
Summit Design + Build begins build-out for Emmi Solutions in Chicago
The new headquarters will total 20,455 sq. ft. and feature a loft-style space with exposed masonry and mechanical systems, 15 foot clear ceilings, two large rooftop skylights and private offices with full glass partition walls.
| Feb 16, 2012
Highland named president of McCarthy Building Companies’ California region
Highland moved into this new role in January 2012 following a six-month transition period with Carter Chappell, the company’s former president, California region.
| Feb 16, 2012
Big-box retailers not just for DIYers
Nearly half of all contractor purchases made from stores like Home Depot and Lowe's.
| Feb 16, 2012
4.8-megawatt solar power system completed at Jersey Gardens Mall
Solar array among the largest rooftop systems in North America.
| Feb 15, 2012
Fourth-generation Ryan to lead Ryan Companies AE team
Ryan leads a team of eight architects, four civil engineers, two landscape architects and two virtual building specialists in their efforts to realize their customer’s vision and needs through Ryan’s integrated project delivery system.
| Feb 15, 2012
NAHB sees gradual improvement in multifamily sales for boomers
However, since the conditions of the current overall housing market are limiting their ability to sell their existing homes, this market is not recovering as quickly as might have been expected.
| Feb 15, 2012
Skanska secures $87M contract for subway project
The construction value of the project is $261.9 M. Skanska will include its full share, $87 M, in the bookings for Skanska USA Civil for the first quarter 2012.