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usiinc.com

Founded Year

2005

Stage

Acquired | Acquired

Valuation

$0000 

About United Subcontractors

United Subcontractors (USI) is a provider of installation, construction and distribution services to the residential and commercial construction markets. The company is a building solutions provider in the United States by combining local market savvy with outstanding employees, superior technology, and the infrastructure of a national network. USI provides the nation's residential and commercial contractors with a wide range of construction services.

United Subcontractors Headquarter Location

445 Minnesota Street Suite 2500

Saint Paul, Minnesota, 55101,

United States

888-875-0016

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Latest United Subcontractors News

United Subcontractors Buys Southern Foam, as Construction Picks Up

Sep 2, 2016

Positive construction trends help drive deals by Meridian, ABC Supply and Hardwoods Distribution Tweet United Subcontractors Inc., provider of residential and commercial construction services, has acquired Southern Foam and Coating, an insulation contractor. The deal will help United Subcontractors solidify its new business in the Southeast U.S., says Bill Varner, company CEO. Southern Foam and Coating is based in Claxton, Georgia, with five operating locations in Georgia, North Carolina and South Carolina, and annual net revenues of more than $9 million. United Subcontractors, headquartered in St. Paul, Minnesota, has more than 42 locations in 15 states, with more than 1,700 employees Earlier in 2016, Hennessy Capital Acquisition Corp. II (Nasdaq: HCAC, HCACU and HCACW) had announced its intention to acquire the outstanding capital stock of USI, but the deal has hit snags. Hennessy announced in July that it was postponing a previously scheduled shareholder meeting on the deal. The uptick in new home sales is driving M&A in the construction sector. According to the U.S. Census Bureau, sales of new single family homes rose to 654,000 in July from 582,000 in June. Recent construction-related M&A activity has included Meridian General Capital buying PowderCoat Services Inc. , which provides coating services to construction, automotive, consumer and electronics sectors. Also, ABC Supply Co. agreed to acquire L&W Supply —distributor of drywall, ceiling tiles and steel framing materials to building contractors-- from USG Corp. (NYSE: USG); and Hardwoods Distribution Inc. (TSX: HWD) acquired Rugby Architectural Building Products .  

  • When was United Subcontractors founded?

    United Subcontractors was founded in 2005.

  • Where is United Subcontractors's headquarters?

    United Subcontractors's headquarters is located at 445 Minnesota Street, Saint Paul.

  • What is United Subcontractors's latest funding round?

    United Subcontractors's latest funding round is Acquired.

  • Who are the investors of United Subcontractors?

    Investors of United Subcontractors include TopBuild, Trilantic Capital Partners, Teachers Private Capital, Citigroup, Northwestern Mutual and 3 more.

  • Who are United Subcontractors's competitors?

    Competitors of United Subcontractors include Cosuno.

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Cosuno

Cosuno is an online platform that helps construction companies find subcontractors.

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