WAYLAND, MASS. — Gkkworks has acquired the construction unit of New York-based Syska Hennessy Group Inc. The expanded integrated design and construction firm will have combined revenues exceeding $200 million, over 300 employees, and a national, diversified business with significant government and private sector clients, the company said.
The acquisition provides additional gkkworks office locations in Los Angeles, New Jersey, Atlanta, Chicago, and Honolulu, with major projects in Dallas, New York, and over 30 Army, Navy, and Air Force locations across the country.
ZweigWhite’s Financial Advisory Services initiated the transaction and served as financial advisor to Syska Hennessy Group. "This was a strategic decision to find a new home for our construction team members that would allow them to continue their exceptional growth, said Gary Brennen, co-CEO of Syska Hennessy Group. “We look forward to continuing our close collaboration with our construction team members and expanding our relationship with gkkworks."
Praful Kulkarni, president and CEO of gkkworks added: "This acquisition allows gkkworks to provide our clients with the combined strengths of both firms, resulting in a better balance of design, program/construction management, and general contracting services," he said. "The Syska Hennessey Group Construction portfolio includes the expansion and renovation of key infrastructure projects for the Department of Defense and mission critical facilities for some of America’s largest companies. This depth of specialized experience will provide added assurance and benefits to our clients."
For more information about gkkworks, please visit www.gkkworks.com.