HITT Expands Healthcare Construction Expertise
Strategic acquisition strengthens HITT's presence in the healthcare market
HITT, a top-ranked national commercial general contractor, has made a significant move by acquiring Central Consulting & Contracting, a notable name in healthcare construction. This acquisition not only strengthens HITT's presence in the healthcare sector but also consolidates their operations in the tri-state area, which is vital for robust healthcare infrastructure.
Importance of the Acquisition
This strategic acquisition positions HITT to respond to the increasing demands for complex medical facilities. Central has developed an excellent reputation for delivering high-quality healthcare construction solutions and has maintained longstanding relationships with prominent healthcare institutions. By merging Central's extensive experience with HITT's resources, the firm is prepared to take on new challenges and expand its rapidly growing healthcare market segment.
Expertise and Leadership
André Grebenstein, HITT's Vice President and New York Office Leader, expressed enthusiasm about Central joining the team. He noted, “For over 30 years, Central has been a trusted leader in healthcare construction, having established a strong presence in the healthcare construction field in this region. We are proud to welcome their team of experts to HITT.” The presence of Central’s expertise is expected to bolster HITT’s project capacity significantly.
Meeting Market Demands
The acquisition aims to meet the soaring demand for medical facilities in one of the largest and fastest-growing healthcare markets. Central Consulting & Contracting boasts an impressive portfolio, showcasing a variety of projects with reputable healthcare institutions. Names such as Englewood Health and Montefiore Health System feature prominently in their history, establishing a solid foundation for HITT moving forward.
Central's Contributions
The former Central Consulting & Contracting's founder and CEO, Richard Simone, has stepped into a vital role within HITT’s New York operations. His vast experience and connections in the industry will be pivotal in ensuring a smooth transition while upholding the high-quality services that clients expect. With over 70 local team members now part of HITT, the expanded workforce is set to enhance the capabilities available in New York City.
Future Prospects for HITT
“Joining forces with HITT marks an exciting new chapter for Central and our clients,” Richard Simone stated. His comments reflect a shared vision for maintaining quality in healthcare construction which is at the core of both companies' ethos. As they collaborate, they aspire to enhance service delivery and push boundaries in healthcare infrastructure.
About HITT Contracting
HITT Contracting offers a diverse range of commercial services, including interiors, renovations, and complex construction work. With projected revenues of $8.4 billion and nearly 1,900 team members nationwide, HITT has consistently ranked among the top general contractors. The firm, headquartered in the Washington, D.C., area for over 85 years, is committed to innovation and sustainability, always striving to elevate standards in the industry.
Frequently Asked Questions
What does HITT's acquisition mean for healthcare construction?
The acquisition strengthens HITT's capability to meet the demand for quality healthcare construction and enhances their market presence.
Who is Richard Simone?
Richard Simone is the former CEO of Central Consulting & Contracting and has joined HITT as Vice President, bringing extensive industry experience.
How long has Central had a presence in healthcare construction?
Central has been a leader in healthcare construction for over 30 years, establishing a trusted reputation in the industry.
What is HITT's future outlook post-acquisition?
HITT aims to expand its market reach and continue providing high-quality healthcare facilities, leveraging Central's market expertise.
How many team members does HITT have now?
HITT has expanded its New York team to over 70 members following the acquisition of Central Consulting & Contracting.
