BaseRock Partners Silktown Roofing, Inc.

BaseRock Partners Advises Silktown Roofing, Inc. on Strategic Partnership with Greenwood Industries, LLC, a Portfolio Company of Dunes Point Capital, LP 

BaseRock Partners (“BaseRock”) is pleased to announce that it served as the exclusive financial advisor to Silktown Roofing, Inc. (“Silktown”) in entering into a strategic partnership with Greenwood Industries, LLC (“Greenwood”), a portfolio company of Dunes Point Capital, LP. 

Founded in 1984 and headquartered in Manchester, Connecticut, Silktown Roofing is one of the Northeast’s most established and respected commercial roofing contractors. Over four decades in operation, Silktown has built a reputation for safety, quality workmanship, and lasting client relationships across commercial, industrial, and institutional markets.  Silktown delivers a comprehensive suite of capabilities spanning roof installation, replacement, custom sheet metal fabrication, and ongoing maintenance and repair on all major roofing systems. The company serves a deep, longstanding base of general contractors, property managers, and building owners – many of whom have partnered with Silktown for years.  

The partnership with Greenwood positions Silktown to accelerate its growth objectives while preserving the operational leadership, culture, and customer-first approach that have defined the business since its founding.

Together, Silktown and Greenwood will offer a combined platform with expanded geographic coverage, a deeper range of commercial roofing and building envelope services, and the resources to pursue larger and more complex projects. 

Greenwood Industries, headquartered in Worcester, Massachusetts, is a leading commercial roofing and building envelope contractor serving the Northeast. Greenwood’s services include roofing, architectural metal fabrication, waterproofing, and maintenance solutions. With decades of experience, Greenwood serves a diverse customer base across commercial and institutional markets within its growing footprint. 

Marsh McLennan Agency Construction Summit 2026

About the Event

Dustin Bass and Scott Duncan are presenting at the 2026 Construction Summit, hosted by the Marsh McLennan Agency in Spokane, WA, on February 25-26.

With the theme, Build a Better Business, BaseRock Partners will be the facilitators of this exclusive event that promises to be an insightful gathering of industry experts, where they will explore topics critical to the construction sector.

Click here to learn more about the event.

Meet Our Team

ESCA 2026 Leadership Summit

Meet Matt Drake at the ESCA 2026 Leadership Summit in St. Petersburg, FL, on February 18-20. Hosted by the Employee-Owned S Corporations of America, this event brings together top executives of S ESOP companies, along with S ESOP advisors and federal policymakers.

Attendees of the summit will hear from members of Congress about how the policy agenda of the 119th Congress and the Administration could impact S ESOP businesses. Visit the ESCA event page to learn more about the 2026 summit.

Meet Our Team

Picture of Matthew Drake | Partner

Matthew Drake | Partner

mdrake@baserockpartners.com
(312) 882-7649

BaseRock Partners Advises ESCO Construction Company On Its Sale To ESS Companies

BaseRock Partners is pleased to announce that it served as the exclusive financial advisor to ESCO Construction Company (“ESCO”) on its sale to ESS Companies (“ESS”).

BaseRock guided ESCO through the entire sell-side M&A process, from initial evaluation of exit alternatives and strategic positioning to marketing, buyer selection, diligence management, and transaction negotiation.

Based in Evergreen, Colorado, ESCO Construction Company is a heavy civil contractor known for delivering complex private and public works projects across Colorado and the surrounding region. With expertise in earthwork, underground utilities, and concrete, and a team driven by a culture of innovation, integrity, and performance, ESCO has built a reputation for delivering high-quality results on challenging infrastructure projects.

ESS Companies is a leading Midwest infrastructure contractor united by employee ownership and a commitment to delivering best-in-class infrastructure solutions. Supported by its employee stock ownership plan (ESOP), ESS focuses on building communities through a broad range of heavy civil construction services and self-performed work.

The strategic combination of ESCO and ESS brings together two dynamic organizations with complementary capabilities and shared values. The transaction enhances ESS’s service capacity and geographic reach while providing ESCO’s employees with employee ownership and continued opportunities for growth within a larger, diversified infrastructure platform.

BaseRock Capital Advises Cornerstone and Claborn Manufacturing on Their Sale to a Consortium of Investors, Including Castle Harlan

BaseRock Capital is pleased to announce that it served as the exclusive financial advisor to Cornerstone and Claborn Manufacturing in connection with their sale to a consortium of investors, including Castle Harlan.

The transaction represents a significant milestone for Cornerstone, a leading detention equipment contractor specializing in the manufacturing, furnishing, and installation of security equipment and products for correctional and institutional facilities. Founded in 1998 and headquartered in Tanner, Alabama, Cornerstone has completed more than 5,000 projects across all 50 U.S. states and internationally, serving federal, state, county, local, and private facilities.

Claborn Manufacturing has built a strong reputation for precision manufacturing and product quality within the detention and security markets. Together, Cornerstone and Claborn have established a vertically integrated platform capable of delivering complex, highly customized security solutions to a diverse customer base.

The ESOP Association Professionals' Forum 2026 Matt Drake

The ESOP Association Professionals’ Forum 2026

Meet Matt Drake at The ESOP Association’s Professionals’ Forum in Charleston, SC, February 4-6, 2026. The ESOP Association’s Professionals’ Forum is an in-person event designed exclusively for senior professionals who provide technical, financial, and legal guidance to ESOP companies. We look forward to connecting with fellow ESOP professionals throughout the Forum.

The Forum is a unique opportunity for professionals to gather with their peers for a collaborative learning experience. And because the Forum is a meeting of professionals for professionals, you can take full advantage of our programming without the pressure of servicing or attending to client needs at our larger, national events. Visit the event page to learn more.

Meet Our Team

Picture of Matthew Drake | Partner

Matthew Drake | Partner

mdrake@baserockpartners.com
(312) 882-7649

From Blueprint to Buyout: Preparing Your Business for M&A

From Blueprint to Buyout: Preparing Your Business for M&A | Hosted by Mintz

Presentation Topic

Mintz hosts From Blueprint to Buyout: Preparing Your Business for M&A’. BaseRock Partners’ Dustin Bass will moderate the panel, with Luke Smith serving as a panelist alongside legal, tax, accounting, and surety professionals from Mamacos, Bysiewicz & Associates, LLC, Alliant Insurance Services, Inc., and Mintz.

The session will explore how construction and engineering company leaders can strengthen operational and financial readiness, address industry-specific transaction considerations, and avoid common challenges when planning for ownership transition.

About the Event

From Blueprint to Buyout: Preparing Your Business for M&A is hosted by Mintz and will take place on February 11, 2026, at the Sheraton Boston Needham Hotel in Needham, MA. Join fellow owners and executives from construction, engineering, and related companies for an interactive panel on preparing for and executing a successful M&A transaction.

Meet the Speakers

Picture of Luke Smith | Managing Director

Luke Smith | Managing Director

lsmith@baserockpartners.com
(720) 846-0004

BaseRock Partners Advises TRIO Electric On Its Sale to Paceline Equity Partners

BaseRock Partners Advises TRIO Electric On Its Sale to Paceline Equity Partners

BaseRock Partners (“BaseRock”) is pleased to announce that it served as the exclusive financial advisor to TRIO Electric, Ltd. (“TRIO Electric”) on its sale to Paceline Equity Partners (“Paceline”).

The transaction represents a significant milestone for TRIO Electric and reflects BaseRock’s continued focus on advising leading electrical and specialty trade contractors through complex ownership transitions.

TRIO Electric is a full-service electrical contractor providing electrical design, construction, and maintenance services to the non-residential construction end market. Founded in 2003 and headquartered in Houston, Texas, the Company has built a strong reputation for technical expertise, reliable execution, and responsive customer service, supported by several hundred years of combined electrical contracting experience.

Paceline Equity Partners is a Dallas-based private equity firm focused on investing in middle-market companies across asset-heavy and service-oriented industries. Paceline’s investment in TRIO Electric reflects its strategy of partnering with established market leaders and management teams to drive long-term value through strategic growth initiatives and operational excellence.

webcor baserock capital

BaseRock Capital Advises Webcor on its Strategic Acquisition of GCON

BaseRock Capital, LLC, a wholly owned subsidiary of BaseRock Partners, today announced it served as the exclusive financial advisor to Webcor, LP (“Webcor”), a premier California-based general contractor and a subsidiary of Obayashi Corporation (Tokyo Exchange; 1802.T), on its announced acquisition of GCON, Inc. (“GCON”), a full-service construction management firm with a strong nationwide presence in high-growth technology and mission-critical sectors. Financial terms were not disclosed. 

The acquisition positions Webcor to capitalize on the rapidly expanding market for data centers and other mission-critical environments, driven by increasing demand for AI technologies. By integrating GCON’s specialized expertise and experience, Webcor significantly enhances its service offerings and geographic reach. Concurrently, GCON will leverage the financial strength and scale of Webcor and Obayashi to compete for larger, more complex projects across the United States.

“This transaction is a pivotal moment for Webcor, immediately amplifying our capabilities in the most dynamic segments of the construction market,” said Matt Rossie, President & CEO of Webcor. “GCON has an exceptional reputation and a proven track record in building the complex environments that power our digital world. We are thrilled to welcome them to the Webcor family.

The BaseRock team was an invaluable partner, providing expert guidance and transaction execution support that was instrumental in bringing this combination to fruition.”

The transaction unites two firms with a shared commitment to innovation, sustainability, and superior client service, creating a powerful platform for future growth.

About BaseRock Capital

BaseRock Capital, LLC, is a wholly owned subsidiary of BaseRock Partners, LLC. BaseRock Partners is an investment bank built to serve the engineering and construction industry. BaseRock advises clients using a team-oriented approach that combines decades of industry expertise, deep industry relationships, and unique transaction capabilities specifically designed to meet the needs of engineering and construction companies. 

About Webcor

Webcor is a premier provider of commercial construction services, known for its innovative approach, wide range of experience, and expertise in building landmark projects. Founded in 1971, Webcor has offices throughout California and is repeatedly honored as a top contractor and one of the best places to work.

About GCON

GCON is a full-service construction management firm providing value-based services nationwide. Founded in 2003 and headquartered in Phoenix, Arizona, GCON’s purpose is to elevate the construction experience by forging dedicated partnerships and building highly specialized teams.

CFMA Idaho 2025 BaseRock Partners

2025 Idaho Construction Financial Management & Accounting Conference

Presentation Topic

Dustin Bass and Scott Duncan of BaseRock Partners present ‘Construction Economic Outlook’ and ‘Ownership Succession in the Construction Industry’ at the Idaho Construction Financial Management & Accounting Conference on November 18. 

Their first session, ‘Construction Economic Outlook,’ will explore the macroeconomic forces shaping today’s construction environment and provide insight into what’s ahead for 2026 and beyond.

In their second session, ‘Ownership Succession in the Construction Industry,’ they’ll discuss key considerations for construction company owners evaluating transition options, including value drivers, current M&A trends, ESOP structures, and other internal equity transfer techniques.

About the Conference

BaseRock Partners is proud to participate in the 2025 Idaho Chapter Annual Accounting Conference, hosted by CFMA Idaho. This year’s event will be a half-day conference and feature a series of engaging presentations from subject matter experts and key stakeholders. Sessions will include strategic insights, data-driven discussions, and interactive Q&A opportunities.

Meet the Speakers

Picture of Dustin Bass | Partner

Dustin Bass | Partner

dbass@baserockpartners.com
(303) 681-1721

Picture of Scott Duncan | Partner

Scott Duncan | Partner

sduncan@baserockpartners.com
(720) 273-2781