We are pleased to announce the acquisition of R. C. Stevens Construction Company, a Winter Garden, Florida-based construction firm. The acquisition will provide a permanent establishment in the southeastern United States and open additional opportunities to expand their markets. Tim Keating, President of R. C. Stevens, will remain active and continue to lead the R.C. Stevens organization as President following the acquisition.
“R. C. Stevens is a 95-year-old construction company that we greatly admire in terms of its culture, commitment to people, and of course, the quality of their work,” said Pete Vigue, Chairman of Cianbro’s Board of Directors. “Whenever an opportunity like this presents itself, we evaluate how well the company’s mission and values align with our own, and R. C. Stevens absolutely aligns. Ultimately, this acquisition will benefit both companies; expanding and complementing Cianbro’s current geographic presence in the southeastern United States, while supporting R. C. Stevens growth strategy.”
“I am elated for our team members here at R. C. Stevens and what the future holds,” said Keating. “Cianbro is a well-respected and well-run organization. There is no doubt, they care about their team members. Having their ongoing support for our growth strategy will enhance the offerings to our clients as well as create career growth opportunities for team members.
Richard Brescia, Executive Vice President of Cianbro, adds “They have a great reputation in the industry, and they excel in process industrial, healthcare, and commercial construction. Together, we will leverage our collective experience and expertise to benefit existing and future clients within the healthcare, food and beverage, life science, technology, and related building, industrial, and manufacturing markets.”
“We are thrilled to welcome all of the R. C. Stevens team members to the Cianbro family and into our Employee Stock Ownership Plan,” added Andi Vigue, President and CEO of The Cianbro Companies.
Prior to acquiring R. C. Stevens, Cianbro successfully integrated Starcon International, a leader in the refinery and petrochemical industry into its team in 2010. In 2019, Cianbro acquired A/Z Corporation, based out of North Stonington, Connecticut. A/Z is an industry leader in design services, life sciences, higher education, defense, healthcare and mission critical electrical, data and energy systems.
As a 100 percent employee-owned company, team members within The Cianbro Companies participate in the employee stock ownership plan and share in the successes of the business. As the latest addition to The Cianbro Companies, R. C. Stevens team members will become employee-owners and have a vested interest to work safe, efficiently, and productively to ensure the successful completion of our projects. The success of The Cianbro Companies is truly a function of our team members – their character, skill, and pride.
To learn more about R. C. Stevens, visit rcstevens.com.