Turner Construction

New York, United States Founded: 1997 • Age: 29 yrs Acquired By Hochtief
Green building construction services are provided by the company.
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About Turner Construction

Turner Construction is a company based in New York (United States) founded in 1997 was acquired by Hochtief in August 1999.. Turner Construction has completed 2 acquisitions, including Dornan and E.E. Cruz. Turner Construction offers products and services including Construction Management, Project Management, Preconstruction Services, and Lean Construction Expertise. Turner Construction operates in a competitive market with competitors including Meritage Homes, GROPYUS, Bootes Impex Tech, Emcor Group and Snugg, among others.

  • Headquarter New York, United States
  • Sectors
    Real Estate & Construction
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Construction, Engineering & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $800 K (USD), Grant

    Sep 17, 2010

  • Investors
    Hochtief

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Dornan

    & 1 more

  • Acquired by
    Hochtief

    (Aug 16, 1999)

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Products & Services of Turner Construction

Turner Construction offers a comprehensive portfolio of products and services, including Construction Management, Project Management, Preconstruction Services, and Lean Construction Expertise. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages construction projects for clients in various sectors

Oversees project execution and delivery processes

Handles planning and design phases of construction

Applies lean methods to optimize construction operations

People of Turner Construction
Headcount 200-500
Employee Profiles 59
Employee Profiles
People
Anjaly Suresh
Quantity Surveyor
People
Vivek Rawat
Senior Project Engineer
People
Gokul Raj
Assistant Cost Manager
People
Chris Beck
Senior Vice President

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Funding Insights of Turner Construction

  • Total Funding
  • Total Rounds 1
  • Last Round Grant — $800,000
  • First Round

    (17 Sep 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2010 Amount Grant - Turner Construction Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Turner Construction

Turner Construction has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hochtief and OSTI.GOV. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Scientific and technical information is managed and disseminated by OSTI.GOV.
Founded Year Domain Location
Provider of integrated infrastructure solutions
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Turner Construction

Turner Construction has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Dornan and E.E. Cruz. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Water and sewage treatment services are provided to various clients.
1984
Provider of mechanical, electrical, and HVAC engineering and construction services
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Turner Construction

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Turner Construction Comparisons

Employees
+
Add Comparison
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Competitors of Turner Construction

Turner Construction operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meritage Homes, GROPYUS, Bootes Impex Tech, Emcor Group and Snugg, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Real estate developer of residential properties
domain founded_year HQ Location
Developer of green buildings
domain founded_year HQ Location
Company specializing in sustainable and net-zero building practices
domain founded_year HQ Location
Offers mechanical construction, electrical services, energy, and facilities solutions.
domain founded_year HQ Location
Home energy efficiency measures are listed via a digital platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Turner Construction

Frequently Asked Questions about Turner Construction

When was Turner Construction founded?

Turner Construction was founded in 1997 and raised its 1st funding round 13 years after it was founded.

Where is Turner Construction located?

Turner Construction is headquartered in New York, United States. It is registered at New York, New York, United States.

Who is the current CEO of Turner Construction?

Peter Davoren is the current CEO of Turner Construction.

What does Turner Construction do?

Turner Construction was founded in 1997 and is headquartered in New York, United States. Construction services focused on green buildings are offered within the building sector. Sustainable practices are integrated into projects across various operations. The company operates primarily in the United States, with leadership provided by Peter Davoren as CEO and President. Domain access is available at turnerconstruction.com.

Who are the top competitors of Turner Construction?

Turner Construction's top competitors include Bootes Impex Tech, GROPYUS and Meritage Homes.

What products or services does Turner Construction offer?

Turner Construction offers Construction Management, Project Management, Preconstruction Services, and Lean Construction Expertise.

How many acquisitions has Turner Construction made?

Turner Construction has made 2 acquisitions, including Dornan, and E.E. Cruz.

Who are Turner Construction's investors?

Turner Construction has 2 investors. Key investors include Hochtief, and OSTI.GOV.

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