Press Releases

BaseRock Partners Advises K&E Excavating, Inc. On Its Sale To An ESOP | Construction Dive
K&E Excavating, founded in 1998, has been sold to an ESOP with BaseRock Partners advising. The deal transfers ownership to over 400 employees across six states.

ICIC Opens Applications for Building for Growth Program for Greater Los Angeles Contractors | Construction Dive
The Initiative for a Competitive Inner City (ICIC) has opened applications for its 2026 Building for Growth (BFG) program in Greater Los Angeles. The free, 18-week hybrid executive education course, starting October 15, is designed to help local contractors compete for wildfire mitigation, rebuilding, and major-event projects. Eligible firms must be independent, for-profit construction companies headquartered or significantly operating in the area, and located in or representing under-resourced communities. Applications are rolling until all seats are filled.

Datumate Launches DatuBIM Progress Tracking | Construction Dive
On September 2, 2026, Datumate announced the launch of the Progress Tracking module for the DatuBIM platform, which links project schedule, design, and actual construction status to generate defensible completion measurement data, replacing traditional manual estimation.

JRM Construction Management Delivers Multi-Floor Headquarters for Roivant at One Penn Plaza | Construction Dive
JRM Construction Management completed the transformation of 54,700 square feet at One Penn Plaza into a two-floor headquarters for Roivant, including new offices, a café, a fitness room, and a feature stair connecting the 54th and 55th floors.

New Stratus Report Finds Data Center Work Is Reshaping Competitive Advantage Among MEP Contractors | Construction Dive
Stratus releases the 2026 Data Center Edition MEP Report, pointing out that data center business is reshaping the competitive landscape for contractors. The report shows 82% of contractors expect revenue growth, with an average prefabrication rate of 88%, and shop space becoming a bottleneck for expansion. Stratus also launches Modules and Enhanced Divisions features to support scaled prefabrication management.

STO Building Group Adds Tyler Swartzwelder as Senior Vice President of Operations | Construction Dive
STO Building Group (STOBG) announced the addition of Tyler Swartzwelder as Senior Vice President of Operations. Swartzwelder will support operational strategy, joint ventures, sector diversity, complex project execution, and Safety 360° across the firm's family of builders. He joins from Gilbane Building Company, where he led the Washington, DC office.

STO Building Group Appoints Peter Bulgarelli to Board of Directors | Construction Dive
On August 31, 2026, STO Building Group announced the appointment of Peter Bulgarelli to its Board of Directors. Bulgarelli previously served as Executive Vice President at Ventas, Inc. and had a 28-year career at JLL, and his industry experience will support the company's strategic development.

American Global Celebrates 7th Consecutive ‘Best Places to Work in Insurance’ Award | Construction Dive
American Global announced it has been named a Best Place to Work in Insurance for the seventh consecutive year. The award is presented by Business Insurance magazine and evaluated by Best Companies Group. The 2026 survey showed the company surpassing industry benchmarks in all eight metrics, including leadership, culture, and compensation. Torre Dos Santos, Director of People and Culture, emphasized that the insights from the anonymous employee survey are the true value of the award. The full rankings will be published in the November issue.

Wohlsen Announces Delaware Valley Leadership Transition | Construction Dive
Wohlsen Construction has announced that Mike Berardi, Senior Vice President of its Delaware Valley Region, will retire at the end of 2026. Brett Stevens, currently Vice President of Revenue Strategy, will succeed him. The transition reflects a planned leadership change after Berardi's 15 years of regional leadership and over 45 years in the industry.

JRM Construction West Delivers Multiple Joe & The Juice Locations Across Southern California | Construction Dive
JRM Construction West has completed multiple Joe & The Juice retail locations in Culver City and Santa Monica, delivering full commercial kitchens, upgraded restrooms, and brand-forward environments to support the chain's Southern California expansion.