Demo Firms Nuprecon and CST Announce Merger

Two of the nation’s largest demolition contractors, Snoqualmie, Wash.-based Nuprecon, and Brea, Calif.-based CST Environmental, have joined forces to form what is probably one of the nation’s three largest full service demolition companies.

The transaction was spearheaded by Nuprecon’s majority owner, Seattle-based Evergreen Pacific Partners, a $275 million private equity fund. The combined Nuprecon/CST entity has more than 1,000 employees and a national presence beyond the West Coast.

John Hennessy and Sage Khara, the founders of Nuprecon and CST respectively, will both remain significant owners of the combined companies and will serve as presidents of each respective organization, according to a news release announcing the merger.

“Nuprecon and CST have core strengths and individual advantages that, put together, make both companies stronger,” says John Hennessy, Nuprecon’s president. “This merger will allow us to provide more and better solutions to our customers and to accelerate the growth of both companies.”

Nuprecon focuses on technical partial demolition jobs, with noteworthy projects including the Nordstrom headquarters in Seattle, a project at the Pentagon and at the Los Angeles International Airport terminal. CST focuses on total building removal.

“In this business, scale is critical to successful execution of projects as well as growth,” says Sage Khara. “By combining the two companies, as well as with the access to capital from Evergreen Pacific Partners, we are well positioned to continue to provide the highest quality results, as well as grow the business.”

John Hennessy will serve as president of Nuprecon and Sage Khara will serve as president of CST. The combined companies will focus on serving existing customers as well as expanding their customer base across the country.

Founded in 1986 as a demolition specialist, Nuprecon has added a number of other specialty services over the years designed to streamline the process of full site preparation and construction. In addition to its core demolition services, Nuprecon offers concrete sawing and drilling services, abatement and remediation as well as C&D material recycling (through its ReNu Recycling Services subsidiary). For more on Nuprecon, see “No Limits” in the Sept./Oct. 2006 edition of Construction & Demolition Recycling.

Founded in 1988, CST Environmental has completed several thousand demolition and environmental remediation projects with experience ranging from large industrial facilities, steel plants, refineries and power plants to multi-floor commercial buildings, shopping centers and military bases. The company has offices in California, Florida, Louisiana, North Carolina and Texas.

Seattle-based Evergreen Pacific Partners (www.eppcapital.com) invests in private, middle-market companies in western North America in what it defines as traditional industries. Evergreen Pacific’s acquisitions and investments include Western Broadband (Phoenix), Finest City Broadcasting (San Diego), Gene Juarez Salons & Spas (Seattle) , Haney Truck Line (Yakima, Wash.), Nuprecon (Snoqualmie, Wash.) and now CST Environmental (Brea, Calif.).