Katerra adds a Denver-area GC to its growing stable

Bristlecone Construction brings self-performing expertise in concrete and framing.

October 02, 2018 |

One of Bristlecone Construction’s recent projects is Ogden Street Flats, a 29-unit, $8.4 million apartment building in Denver that will integrate an existing 1930s auto shop with the new five-story structure.  Bristlecone will complete the concrete and framing, and provide General Contracting Services. Rendering: Range Design and Architecture

Katerra, the fast-growing design, prefabrication construction and technology company, today announces its acquisition of Bristlecone Construction, a four-year-old, general contractor based in Littleton, Colo., that specializes in commercial and multifamily projects whose costs range from $500,000 to $55 million.

Terms of the acquisition were not disclosed.  

Bristlecone, which will become known as Katerra, is a site-built contractor that brings efficiencies to projects through self-performance, technology, and innovative procurement. “This merger allows us to expand the value and services we already provide for our clients,” says Zach Smith, the contractor’s CEO.

Bristlecone, which currently employs 150 people, expects to double its size as a result of joining forces with Katerra, according to the Denver Business Journal.  

Through this acquisition, Katerra expects to gain self-perform expertise in structural concrete and framing, and extend its construction reach in the central U.S.

The purchase of Bristlecone is the latest in Katerra’s efforts to fully integrate design, manufacturing, and construction delivery services. The company, which since its founding in 2015 has built a global team of 3,500 people, is in the process of opening several new plants in the U.S. that include a 250,000-sf facility on 29 acres near Spokane, Wash., for mass timber production.

Katerra, based in Menlo Park, Calif., has amassed $1 billion in investment capital, and is valued at more than $3 billion.

Overlay Init