Category: News

Acquisition Solidifies Strong Foothold in Nevada and Enhances General Concrete, Concrete Cutting, and Demolition & Excavation Services

Precizion Partners, a leading demolition, remediation, concrete services, and debris bin disposal company, today announced it has acquired Morgan Construction, Inc., a full-service concrete demolition and services company headquartered in Reno, NV. This acquisition enables Precizion to provide a greater breadth of concrete services and strengthen their strategic geographical foothold in Northern Nevada.

“We are excited to benefit from Morgan Construction’s experienced team members, leadership, and strong industry relationships,” said Joel Leineke, President and CEO of Precizion Partners.  “Morgan Construction has a stellar reputation in the Reno area and adds great diversity to the concrete services we provide our clients. We see this as the perfect synergy as we expand our offerings and cross-selling opportunities.”

Morgan Construction will initially operate as a company under the Precizion Partners company umbrella while maintaining their office and employees in Reno. Morgan Construction will fully integrate with Precizion’s suite of contractor-focused, cloud-based software platforms, ensuring consistent access to high-end technology and robust financial systems.

“This is a great growth opportunity for Morgan Construction. Aligning with a demolition leader like Precizion moves us to the next level from an operations, accounting, and technology perspective,” said Jeremy Ellison, President of Morgan Construction. “We are excited to add our concrete, demolition, and excavation expertise to their existing demolition business and together build out a full-service company in California and Nevada to better serve our customers.”

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Acquisition Supports Expansion of Concrete Cutting & Drilling Services, Resources, and Expertise Throughout California and Nevada

Roseville, CA – November 18, 2024 – Precizion Partners™, a leading demolition and remediation company, today announced it has acquired Harrison Concrete Cutting (HCC), a concrete cutting and drilling company headquartered in Woodland, CA.  This acquisition bolsters Precizion’s existing cutting and coring expertise and provides the company with a strategic geographical foothold to the greater Sacramento region.

“We are thrilled to be adding HCC’s experienced technicians, state-of-the-art equipment, and strong industry relationships to our existing team,” said Joel Leineke, President and CEO of Precizion Partners.  “The concrete cutting business is growing and adding the service expertise and business acumen of HCC’s president Josh Harrison will enable us to maximize our synergies and efficiencies for our clients”.

HCC will integrate initially with W.C. Maloney, a demolition specialist and Precizion Partners company, to create an additional Northern California hub to enable a broader reach of the cutting and coring business. This will enable the optimization of efficiencies, up leveling of best practices, and continued premier service delivery throughout California and Nevada.

About Precizion Partners

Precizion Partners is a leading demolition and remediation company serving the construction industry throughout California and Nevada. Precizion currently operates subsidiaries W.C. Maloney and Professional Asbestos and Lead Removal Services (PALS) under management and is growing their platform organically and through acquisitions to create a full-service company delivering unparalleled efficiencies, safety, and performance.

Visit the Precizion Partners website at PrecizionPartners.com to learn more.

New Office Supports Demolition and Remediation Project Growth Into New Regions

Roseville, CA – November 29, 2023 – Precizion Partners™, a leading demolition and remediation company, is pleased to announce the opening of a new office in Pittsburg, CA to add to its offices in Stockton and Roseville. The new location is part of a growth strategy to better serve existing and future construction industry customers throughout the Bay Area. Services include heavy and interior demolition, saw cutting and core drilling, site clearing, GPR scanning, and asbestos, lead, and mold remediation.

“We are excited to actualize our growth into new geographic markets, and continue to extend our diverse capabilities throughout California,” said Joel Leineke, President of recently rebranded Precizion Partners.  “We are hiring talented estimators, project managers, and trade workers while ensuring we stay true to the core values and culture that are so important to our company”.

The addition of the Pittsburg office will enable Precizion and its subsidiary companies W.C. Maloney and Professional Asbestos and Lead Services (PALS) to localize additional resources in equipment and manpower to support a variety of projects in the region. The resulting enhancement in innovative solutions, project efficiencies, and responsive collaboration support our goal of continuously exceeding customers’ expectations.

About Precizion Partners

Precizion Partners is a leading demolition and remediation company serving the construction industry throughout California. Precizion currently has subsidiaries W.C. Maloney and Professional Asbestos and Lead Removal Services (PALS) under management and is looking to grow their platform through acquisitions to create a full-service company delivering unparalleled efficiencies, safety, and performance.

Visit the Precizion Partners website at PrecizionPartners.com to learn more.

Roseville, CA – March 14, 2022 – DCA Partners (“DCA”), a leading West Coast private equity firm, is thrilled to announce its majority investment in The Maloney Group, a Stockton-based demolition and remediation company that specializes in the demolition of infrastructure. The Maloney Group is the fourth investment out of DCA’s Fund III. 

The Maloney Group provides services across Northern California, including heavy demolition, interior demolition, concrete cutting and drilling, and site clearing. The Company is uniquely positioned in the industry to handle both demolition and abatement of hazardous materials. 

“We are impressed by The Maloney Group’s long-standing reputation and expertise in infrastructure demolition” said Steve Mills, Partner at DCA Partners. “DCA’s investment will provide additional resources to allow The Maloney Group to continue its growth in Northern California and beyond.” 

The Maloney Group’s founders will continue to operate the business in partnership with DCA. The founding team has worked together for more than 20 years. 

“There is a significant growth opportunity ahead of us as California repairs its aging infrastructure with funds from the new federal infrastructure program,” said Curt Maloney, CEO of The Maloney Group. “These projects will create tailwinds for the demolition and remediation industry, and partnering with DCA will allow us to tap into these new opportunities.” 

DCA has a long history of partnering with great companies and teams through growth equity investments. For more information about DCA’s investments in well-run, emerging businesses across the West Coast, please contact Steve Mills at stevemills@dcapartners.com. 

About DCA Partners

Based in Roseville, DCA Partners provides capital to growth-oriented, middle-market businesses in under-served regions across California and other western states. DCA partners with top-quality owners and management teams, providing the capital and expertise needed to successfully expand their businesses. 

About The Maloney Group

The Maloney Group was founded in 1995 as W.C. Maloney, Inc., and has built its reputation on completing large complex demolition and remediation projects on time and on budget. The Stockton-based company provides a full complement of demolition, concrete cutting & drilling, and site-clearing services across Northern California. The Maloney Group is proud to be a leader among demolition firms in recycling and recovery. 

New Name and Logo Reflects Renewed Emphasis on Growth Platform for Subsidiary Companies

Stockton, CA – November 16, 2023 – The Maloney Group, a leading demolition and abatement company, rebranded today to Precizion Partners (Precizion) to emphasize its renewed strategic initiatives and its growth and acquisition strategy throughout California. The company is currently comprised of W.C. Maloney and Professional Asbestos and Lead Services (PALS), leaders in the fields of demolition and remediation, respectively. In a highly fragmented construction industry segment, Precizion Partners is utilizing 30+ years of demolition and abatement experience to purpose-build a platform delivering unparalleled services to their customers. The new brand and logo personify scalability in existing and future partnerships in an industry that requires deep expertise, innovation, and an unwavering attention to detail.

“Precizion Partners was launched with the bold goal of building a different kind of company,” said Joel Leineke, President of Precizion Partners. “The Maloney Group initially brought together two strong complementary companies. Precizion is looking to scale that growth and create a technology-enabled platform with expanding services and an aligning culture of safety, efficiency, and responsiveness. We want to build a premier partner for our customers.”

Precizion’s improved branding will provide a better understanding of the company’s mission, vision, and values, with enhanced customer experiences and value-added services. The unique spelling of the new name and logomark design points to Precizion’s detail-orientation from A to Z in all that the company does.

Precizion’s strategy includes expanding more aggressively into the Bay Area and southern California, as well as looking to expand services to fill identified gaps so partners can have a true one-stop shop for all facets of the demolition and remediation space.

About Precizion Partners

Precizion Partners is a leading demolition and remediation company serving the construction industry throughout California. Precizion currently has subsidiaries W.C. Maloney and Professional Asbestos and Lead Removal Services (PALS) under management and is looking to grow their platform through acquisitions to create a full-service company delivering unparalleled efficiencies, safety, and performance.

Visit the Precizion Partners website at PrecizionPartners.com to learn more.