Sunday, September 8, 2019

Katerra Buys Contractors UEB Builders and Fortune-Johnson

Katerra has acquired two companies — UEB Builders and Fortune-Johnson General Contractors — for an undisclosed amount, the Menlo Park, California-based, technology-focused builder recently announced.

The deals help Katerra expand its presence across the U.S. UEB Builders, based in Scottsdale, Arizona, is expected to enhance Katerra’s reach in commercial, institutional and multifamily markets on the West Coast and Texas. F-J, of Peachtree Corners, Georgia, brings Katerra into new geographical markets with its focus on mixed-use and multifamily segments throughout the Southeast and Mid-Atlantic.

While the two builders hadn’t previously factored offsite manufacturing and modular building techniques, Katerra’s specialty, into their business models, both anticipate that access to Katerra’s technologies and supply chain will allow them to enhance their offerings to existing clients, but at scale.

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