Randolph Construction Services Inc. of Pasco has been acquired for an undisclosed amount by LVI Services Inc. of New York, a leading provider of facilities and remediation services nationwide.
Don Zoda and his wife, Kay, started Randolph Construction Services in 1982 — and their daughters, Khris Judy and Lori Wenner, were an integral part of the business from the beginning.
When the company’s general manager left in 1999, Judy stepped into the position and diversified the company’s work. At first, the company had specialized in HVAC and sheet metal work. Judy transitioned the company into a general contractor.
Judy and Wenner bought out their father in 2002, allowing him to retire. But mom, Kay Zoda, stayed on as chief financial officer and executive vice president. By 2007, the company was doing about $10 million in sales annually.
That success didn’t go unnoticed.
In 2007, the U.S. Small Business Administration named Randolph Construction as its Region 10 Family-Owned Business of the Year.
That same year, Randolph was awarded a multi-year contract from the Department of Energy, National Nuclear Security Administration’s Second Line of Defense Program.
Through this Design, Integration, Construction, Communications and Engineering contract, Randolph installs Radiation Portal Monitors and supporting communication equipment at international seaports, river ports, airports, rail and vehicle ports of entry. Randolph’s DICCE team has completed 34 sites globally, supporting U.S. National Security efforts.
Randolph has successfully completed design-build projects for commercial, industrial and governmental clients, including the Department of Homeland Security, the Department of Energy and the U.S. Customs and Border Protection Agency.
“LVI has built a strong reputation among government agencies with our commitment to safety and regulatory compliance,” said Scott State, CEO of LVI. “We look forward to working with the Randolph team to continue providing the U.S. government with best-in-industry service.”
LVI Services Inc. is the United States’ leading provider of an array of integrated facility services, including environmental remediation, demolition, fireproofing and related services for commercial, industrial, multi-family residential and governmental facilities. LVI focuses on projects involving asbestos, lead paint, mold, infection control, hazardous materials, fireproofing, emergency services, disaster response services and demolition. Founded in 1986, LVI has more than 25 offices across the United States, is licensed in every state and is experienced in responding quickly to natural and man-made disasters. For additional information, please visit www.lviservices.com.
LVI is a portfolio investment of CHS Private Equity V LP, a $1.3 billion investment fund based in Chicago.
“LVI and Randolph share an intense focus on quality with a cost-effective, schedule-efficient approach,” said Brian Simmons, Managing Partner at CHS Capital. “Together, they are well-positioned to pursue growth throughout the government sector.”
Khris Judy and Lori Wenner will remain with the company.
For more information about Randolph Construction Company, which is now a division of LVI, go to www.randolphcs.com.