ST. LOUIS—McCarthy Holdings, Inc., anemployee-owned national commercial builder, has just signed aletter of intent to acquire St. Louis-based CastleContracting along with its subsidiaryCastleGPS. The new acquisitions provide civilservices, utilities, earthwork and trenchless technology directlyto owners and contractors, as well as GPS technology for subsurface3-D utility mapping.

“Civil and infrastructure needs in our communities continue togrow,” said McCarthy central division president ScottWittkop. “Our clients are asking for effective ways toapproach these challenges. The specialized expertise of CastleContracting and CastleGPS will bring critical value-added servicesunder the McCarthy umbrella to improve client results.”

The St. Louis-based McCarthy specializes in the construction ofhealthcare facilities, among other building types. As reported inGlobeSt.com, for example, McCarthy was hired to replace the Joplin, MO hospital destroyed by a deadlytornado with the $335 million, 875,000-square-foot MercyHospital Joplin. In addition, earlier this year it brokeground on a $37 million expansion project for CapitalRegion Medical Center, an affiliate of theUniversity of Missouri Healthcare System.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.