The Branch Group, Inc., VA’s Largest Construction Employer Announces Expansion Through Acquisition
A CONSOLIDATION THAT SUPPORTS LONG-RANGE STRATEGIC GROWTH.
On May 7, 2018, J. William Karbach, CEO of The Branch Group, Inc. announced the purchase of the assets of LA Lacy, Inc. Lacy will continue to operate under the same name.
According to Karbach, “This transaction is a sign that we are doubling-down on our Mechanical, Electrical, and Plumbing operations and supports our long-range strategic growth plans by significantly improving our go-to-market capabilities, scalability, and economy of scale, throughout the Mid-Atlantic and the Southeast United States. This modest transaction is what we hope is the first of many future, more aggressive expansions into other MEP markets, positioning us for a 20-year market trajectory and beyond. We welcome the employees of LA Lacy to employee-ownership. Lacy is well positioned for stability, a good run in the near future, and a promising trajectory.” (more…)
On April 24, 2018, The Branch Group’s corporate charitable organization, BranchGives, sponsored a student art show themed “We Are All Works of Art.” This was a first-time event for Branch in collaboration with one of its charitable organizations, HopeTree Family Services. (more…)
Please join me in welcoming Lea Whitaker to The Branch Group as an HR Coordinator. Lea has extensive experience in supporting and coordinating Recruiting, Training/Development, and Onboarding activities. We look forward to Lea’s contributions in the HR department in support of helping to find, onboard and develop the employees of The Branch Group and our Operating Companies. (more…)
BranchGives is proud to be a sponsor of the Roanoke Celebration of Heroes Breakfast, Thursday, April 19th, 2018 at the Hotel Roanoke and Conference Center. This event is a celebration designed to recognize heroes in the Roanoke area who have saved a life, performed an act of courage, or who served unselfishly and gave inspirational leadership in the community. (more…)
I would like to report that the Komen Race for the Cure was a success this weekend! I wanted to say thank you again for all the hard work everyone has put forth to raise this money—it’s making a difference right here in Southwest Virginia. Contractors for the Cure raised $7,558 of our $9,000 goal and we are currently in 3rd place as a team!! If you would like to make a donation, it’s not too late, fundraising continues through the month of April! Click here: Contribute. The event raised an incredible $225,000!! (more…)