W.W. Clyde & Co., a Utah-based general contractor and civil construction company, announced today it has finalized a stock acquisition agreement with Denver area-based construction company, Scott Contracting, Inc. The acquisition will amplify both companies’ ability to complete civil construction projects in the Colorado market.
Scott Contracting, Inc. specializes in construction management and general contracting of earthwork, utility projects, concrete structures, concrete paving, and other infrastructure projects for public and private sector customers. With more than 25 years of operations in Colorado, Scott Contracting, Inc. is a well-respected, quality-driven organization with a reputation for customer satisfaction and safety.
“The reputation of excellence is what makes Scott Contracting a great match for W.W. Clyde,” said Jeff Clyde, President-W.W. Clyde & Co. “Adding Scott Contracting to our portfolio is a natural and fitting step in our growth. We admire their core values, commitment to safety, and caliber of customer satisfaction.”
Lon Schumacher, founder and CEO of Scott Contracting will continue with the company as general manager. “For more than 25 years our employees have helped make Scott Contracting one of Colorado’s best general contractors,” said Schumacher. “We are pleased to be joining the W.W. Clyde team, as part of our strategy to grow our company and strengthen our legacy of community building.”
Starting in March 2018, Scott Contracting, Inc. will be a wholly-owned subsidiary of W.W. Clyde & Co. and will continue to operate as Scott Contracting, Inc. and its employees will continue in their existing roles.