WEST CHESTER, Ohio–(BUSINESS WIRE)–Lithko Contracting, LLC (“Lithko”), a leading national concrete contractor, together with their financial partners The Pritzker Organization and DNS Capital, today announced that on December 31, 2020, they acquired the assets of Capitol Concrete Contractors, Inc. (Capitol).
Capitol has been providing premium concrete contracting services since 2003, specializing in complete concrete construction including foundations, sloped walls, slabs and site work. Capitol has more than 300 associates, serving customers in the Austin and Central Texas areas. Capital emphasizes family values and loyalty to colleagues while building and maintaining strong customer relationships based on reliability, quality and safety.
Lithko is a market-leading, full-service commercial concrete contractor specializing in the execution of walls, tilting structural frames, slabs, super flats, site work, foundations and pre-construction services . Lithko has more than 3,000 associates serving more than 500 customers in 19 geographic regions. Lithko has a unique local service model designed to keep colleagues close to home and create exceptional customer service in every city.
Jordan Moore, Capitol Vice President, said, “The Capitol team is thrilled to partner with Lithko. Our new partnership will generate exceptional value and solidify our place as an industry leader in the Austin and Central Texas region. Our enthusiasm extends to our colleagues, customers and supplier partners.
Rob Strobel, President of Lithko, said, “Capitol has an exceptional team and a proven track record of creating value for its customers. We are excited to be in the Austin market and support the company’s growth for the long term. We look forward to working closely with Jordan and the Capitol team to help them build on their impressive track record of success.
Morrison, Friedrich & Spinn, CPAs acted as financial advisor and Axiom was Capitol’s broker. DA Davidson & Co. acted as broker for Lithko.