Closed transaction

Sale of general contractor

Advised by
Client
Counterparty
Deal stage
Closed transaction
Service
Sell
Sector
Industrials and Manufacturing
Sub-sector
Bldg./Const./Engin.
Market
Americas
Contact
kyle@bccadvisers.com

Deal details

L & L Builders Co. is a general contracting firm located in Sioux City, IA, generating revenue of $35.2 million and adjusted EBITDA of $2.4 million in 2023.  It provides a variety of commercial construction services in a four-state area including Iowa, Nebraska, South Dakota, and Minnesota.  L & L had six shareholders, three of which were seeking retirement and an exit plan within the next two to five years.  The Company was acquired by Story Construction of Ames, IA, a like-minded and employee-owned general contractor.  The deal was announced in late November 2024 and closed January 2, 2025.

Kyle Larson RoleVice President FirmBCC Advisers Kyle joined BCC Advisers’ investment banking team in 2014 and is a shareholder of the firm. View profile

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