NY-Based Structure Tone Acquires Bay Area General Contractor BCCI in $75MM Deal

San Francisco, Bay Area, Sony PlayStation, Autodesk, Glassdoor, Marin, Sausalito, GlassDoor, First Republic Bank, Paramount Group, Beacon Capital Partners

BCCI is STO’s first US West Coast location

New York, NY/San Francisco, CA (May 15, 2019) – Today the Structure Tone Organization (STO) and BCCI Construction Company announced that the California-based commercial construction firm will join the STO family of companies. The merger expands STO’s geographic reach to the West Coast and provides BCCI with access to the organization’s global network and resources.

“We have been looking to expand to the West Coast for some time,” says STO CEO Robert Mullen. “BCCI provides the market reputation, service offering and premier client base STO was looking for and shares our same core values and client-first way of doing business.”

Founded in 1986, BCCI is a full-service construction company with offices in San Francisco and Mountain View, California. The firm’s building expertise, integrated service offerings and portfolio of ground up, major renovation, historic restoration, tenant improvements and sustainable projects have made BCCI one of the leading general construction firms in California. Notable BCCI clients include Google, Adobe, Accenture, Bosch and Veritas Technologies.

“The Structure Tone organization has been a trusted partner of ours for over 25 years, and we share the same dedicated focus to client service and seamless project delivery,” says Michael Scribner, BCCI CEO. “Formalizing our existing partnership expands our reach geographically, provides more opportunities for our employees, and aligns with our future growth plans for the business.”

STO recently restructured its ownership model to extend company ownership to all employees and a small group of investors. Since then, Canadian firm Govan Brown and US firm Ajax Building Corporation have merged with the organization.

“BCCI is well known not only for their expertise on highly complex ground-up and interiors projects, but also as a leader in sustainable construction,” says James Donaghy, STO executive chairman. “With both of our firms pioneering green building strategies and wellness in the built environment, we’re excited to have BCCI join the STO family of companies to further strengthen the innovative approaches we can offer our clients.”

BCCI will retain its name, logo and cultural identity, and its current leaders will retain an ownership position in the organization and maintain their roles as the senior leadership team of the business. It is anticipated that new job opportunities will be created as a result of the merger to support the company’s projected growth for 2019 and beyond.

BCCI was represented in the $75 million deal by Hopkins & Carley.

West Coast Commercial Real Estate News