DPR Construction, a national technical builder specializing in highly complex and sustainable projects, recently signed a Letter of Intent to acquire Atlanta-based Hardin Construction Company, LLC. The two companies intend to combine operations in the Southeast and Texas markets, where both have a strong local presence. The goal is to finalize the transaction in March at which time more information will be announced.
“Expanding our national footprint, especially our presence throughout the Southeast, has been a key strategic objective for DPR. In Hardin, we have a shared philosophy on building, business and customer service–making this alignment not only valuable for our companies–but for our customers,” said Doug Woods, co-founder and president, DPR. “This announcement marks an inflection point in our company history. We’ve grown organically for more than 20 years by placing a priority on integrity and taking care of people, including doing what is right for our customers and making sure we understand their business and values. We view this as an opportunity to scale operations in the Southeast and provide even better service to customers.”
“DPR represents a strong strategic partner for Hardin Construction Company,” said Hardin Chairman Brantley Barrow. “The agreement will allow Hardin to continue focusing on its strongest core markets while enhancing our capability to grow in markets and products where DPR is strong, as well as expanding opportunities for our associates.”
Hardin’s portfolio includes more than 1,400 projects, including a number of landmark buildings including the PNC Plaza building in Raleigh. Ranked the 24th largest general contractor in the nation by ENR magazine, DPR ’s notable projects include the Facebook data centers in Forest City, NC and Clemson University Bio-Science buildings in Clemson, SC.
DPR is a privately held, employee-owned company with 17 offices around the country, including Raleigh. Privately-held, Hardin’s headquarters is in Atlanta, with a branch office in Raleigh and four other Southeast locations. Hardin projects currently under construction will be completed as Hardin Construction, including joint venture projects, once the acquisition is complete. Read More.