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- Consigli Building Group Completes $1.8 Billion Acquisition from Lendlease
Consigli Building Group Completes $1.8 Billion Acquisition from Lendlease
Slice of Construction Team
September 18, 2024
Key Highlights:
Consigli acquires Lendlease’s NY and NJ construction operations worth over $1.8 billion.
More than 400 employees will transition to Consigli.
Acquisition strengthens Consigli’s portfolio in healthcare, life sciences, and major NY developments.
Lendlease’s iconic NYC projects include the National September 11 Memorial & Museum and Central Park Tower.
The deal enhances Consigli’s leadership in complex project planning and delivery.
Source: Direct
Notable Quotes:
“Lendlease’s large, complex project planning experience coupled with our local resources, tools and technologies will allow us to provide the stability and the flexible, nimble leadership needed to allow us to deliver the absolute best client service possible in an ever changing construction world.”
“Consigli’s commitment to excellence and aligned values mean our people have found a great home at Consigli, and their expanding construction portfolio continues with exciting future opportunities.”
Our Take:
This acquisition solidifies Consigli’s position as a key player in the New York and New Jersey construction market, especially in the healthcare and life sciences sectors. The integration of Lendlease’s seasoned workforce and high-profile project portfolio will undoubtedly enhance Consigli's capability to handle large-scale, complex projects. As construction demands in the region evolve, Consigli’s investment in experienced talent and proven resources positions the company for continued growth and success in delivering landmark projects.