DPR Construction acquires Hardin Construction
DPR Construction, a national builder specializing in complex and sustainable projects, announced today its purchase of Atlanta-based Hardin Construction Company, LLC. The two companies are combining operations in the Southeast and Texas markets, including Atlanta, Austin, Houston, Raleigh, Tampa, Orlando and West Palm Beach. The combined company will operate nationally as DPR Construction, with the exception of Atlanta where it will operate as DPR Hardin Construction.
“We’re excited to add such a great company of builders to our organization. We’ve always had tremendous respect for Hardin and share a common approach to business, particularly our commitment to customers, our people and core company values,” said Doug Woods, co-founder and president of DPR. “Together, we are even stronger, particularly in the Southeast, a geography that offers significant growth potential.
“Hardin is a good fit for DPR. We share ideals and beliefs, we are both active in the communities in which we operate, and, most of all, we both care a great deal about our people and moving the industry forward,” said Brantley Barrow, who has served as Chairman of Hardin since 1979 and, along with retiring President, Bill Pinto, will assume supporting roles throughout the Southeast.
Russ Brockelbank, an Atlanta-native and a 15-plus-year Hardin veteran, will continue to be responsible for day-to-day Atlanta operations for DPR Hardin Construction. “We’re excited about what this deal means for our customers and employees. Now, our presence is stronger, our roots run even deeper, and our experience is unmatched in the marketplace.”
The newly-combined company will have seven offices and more than 500 professional staff and craft employees throughout the Southeast and Texas, with a projected 2013 revenue exceeding $800 million. Operating as a “local builder with national capabilities,” DPR will have 18 offices nationally, with nearly 3,000 professional staff and craft employees and a projected 2013 revenue of $2.8 billion. The company will continue to focus on its core markets and building complex and sustainable projects.
Both companies are privately held and terms of the agreement will not be disclosed. Hardin projects currently under construction will be completed as Hardin Construction, including joint venture projects.
About DPR Construction
DPR Construction is a forward-thinking national general contractor and construction manager specializing in technically complex and sustainable projects for the advanced technology/mission critical, life sciences, healthcare, higher education and corporate office markets. Founded in 1990, DPR is a privately held, employee-owned company that has grown to a multi-billion-dollar organization with 18 offices around the country, including Atlanta, Austin, Texas, Denver, Houston, Newport Beach, Calif., Orlando, Fla., Pasadena, Calif., Phoenix, Raleigh, N.C., Redwood City, Calif., Richmond, Va., Sacramento, Calif., San Diego, San Francisco, San Jose, Calif., Tampa, Fla., Washington D.C. and West Palm Beach, Fla. It is currently ranked No. 15 on FORTUNE’s “100 Best Companies to Work For” list (2013). For more information, visit http://www.dpr.com.