Capstone Partners advised Frontline Concrete, Inc., a market leading concrete construction company, on its sale to Lithko Contracting, LLC.
Frontline is based in Salt Lake City, Utah, and serves both commercial and residential clients throughout the state. Frontline offers award-winning expertise in concrete construction with a focus on safety and quality. The company specializes in tilt-up concrete services to the industrial, warehouse, and manufacturing markets, primarily, and cast-in-place concrete for the multifamily, mixed-use, parking structure, education, and single-family residential markets.
We definitely chose the right team to align ourselves with for this transaction. The experience of the Capstone team helped get us to the finish line. The support and advice we received made the whole process complete smoothly.
“Frontline is the leading tilt-up concrete contractor in Utah and the combination with Lithko, and its existing operations in the region, will result in diversification and significant opportunity to grow and better serve the growing market demand,” commented Brian Krehbiel, Director at Capstone. “Utah is leading the nation in construction activity and Frontline will continue to be the driving force behind the changing landscape.”
Rob Strobel, Lithko President, added, “We are excited to expand our offerings in the Wasatch Valley by partnering with Frontline. Collaborating with the Lithko team will support Frontline’s employees, customers, and continued expansion.”
Lithko is a market-leading, full-service commercial concrete contractor specializing in the execution of walls, tilt-ups, structural frames, slabs, super flats, sitework, foundations, and pre-construction services. Lithko has over 4,000 employees serving over 500 clients across 20 regions. Lithko has a unique local service model designed to keep employees close to home and ensure exceptional customer service in each territory.