Transaction adds preengineered metal building systems capabilities, provides access to new clients in growing industrial & logistics markets
Montante Construction and Tedesco Construction Services on Wednesday announced a definitive agreement for Montante to acquire Tedesco. Montante Construction is a full-service construction management and general contracting firm, while Tedesco Construction Services is an established leader in the design and construction of preengineered metal building systems.
The addition of Tedesco provides Montante with access to leading prefab building solutions and further enhances its design, build and operational capabilities. It opens the door to new clients in the commercial and industrial sectors, which are benefiting from high demand and looking for room to grow at a time when most real estate markets are challenged with a shortage of existing industrial and warehouse space.
“The commercial, logistics and industrial markets in the Buffalo-Niagara Region are very strong,” said Doug Elia, president of Montante Construction. “Tedesco’s stellar reputation and expertise provides an immediate complement to our leading construction management and general contracting practice, further enhancing our integrated delivery offerings. We are excited to welcome the talented Tedesco team and to leverage our combined expertise to meet the needs of our clients, while ensuring that we capitalize on the tremendous opportunities in front of us.”
Tedesco is a third-generation family-owned and operated business based in Niagara Falls. It has been doing work in Western New York and nationally for over 35 years. Each year, Tedesco maintains a 25% market share of the preengineered metal building business in the region.
Tedesco’s recent projects include the Murchie Family Fieldhouse at the University at Buffalo, the operations and commissary buildings at Bills Stadium, Niagara University’s Clet Hall and the Cornerstone Ice Arena in Lockport. Montante Construction and Tedesco also worked closely together on the construction of the Bridgestone APM manufacturing facility in Sanborn.
With Montante’s track record as a full-service construction management and general contracting firm and its additional operational capacity, Tedesco will be positioned to capture an even greater share of the market spend for preengineered metal building systems, especially as clients increasingly procure construction services on an integrated basis.
“This is a compelling combination that significantly enhances the value proposition with our key clients and provides new growth opportunities for our team,” said Justin Tedesco, president of Tedesco Construction Services. “Montante Construction is an ideal partner for us, with world-class leadership, sophisticated operations, and a proven ability to integrate construction services into the most complex projects in Western New York and beyond.”
Montante Construction is headquartered in Buffalo.