Build Group Inc. Purchases San Jose Construction Co. Inc.
SAN FRANCISCO, CA Build Group Inc., one of the largest and fastest growing general contracting firms in the San Francisco Bay Area, has purchased the assets of San Jose Construction Co., Inc., and assumed responsibility for completing certain current and all future San Jose Construction projects. Build Group, Inc. has also integrated all of SJC's employees into its organization.
Under terms of the agreement, Build Group will operate Build SJC, a new division of Build Group Inc., in the existing San Jose Construction Corporate office located in Santa Clara, California. With over 60 years of building excellence, San Jose Construction has built a diversified portfolio of projects including high tech corporate campuses, mid-rise office buildings, medical research and educational facilities, hospitality, manufacturing and warehouse facilities, and retail commercial centers throughout the Bay Area, Sacramento, and Monterey Counties.
"Build Group is renowned for its outstanding quality projects and innovative approach to building. We can't imagine a more professional company to assume responsibility of our projects and to carry on the legacy of my husband, John Di Manto, and his son Patrick Di Manto," said Jean Di Manto. "SJC and our employees are very excited and confident that by integrating our company with the Build Group, Inc. our companies will be further energized by combining our strengths and experience, assuring our clients they will continue to be well served. We believe it is an amazing opportunity that will benefit everyone."
"We're enthusiastic about the opportunities the agreement presents while preserving the legacy of John and Patrick Di Manto," said Ross Edwards of Build Group Inc. "Our two firms, now one, share a focus of providing the best customer service across a well-diversified portfolio. Simply put, it's a great move for all involved," said Eric Horn of Build Group Inc.
Build Group Inc. has grown consistently since its 2007 inception. With annual contracts approaching $1 billion, the San Francisco, California, -based general contractor specializes in commercial office space, hospitality, public works, and residential, mixed use and is complimented by self-performing work divisions in structural concrete, metal studs/drywall and insulation.
With the asset purchase of San Jose Construction Co., Inc., Build Group Inc. will have over 400 team members throughout the greater Bay Area and Los Angeles, California.