The LiRo Group acquires three N.E. architecture engineering & construction management firms
Syosset, NY — The LiRo Group (LiRo), a national, multidisciplinary project and construction management, engineering, architecture, and technology firm, has just acquired three affiliated New England-area companies: DiGiorgio Associates Inc.; DAI, Inc. (collectively DAI); and Monitor Builders Inc. (MBI). The acquired companies, which specialize in the design (DAI) and construction management (MBI) of healthcare-focused facilities, are headquartered in Boston, MA and share a satellite office in Portland, MN. ENR Engineering News-Record magazine currently ranks LiRo as the 15th-largest construction management firm in the United States. LiRo’s 2017 revenues exceeded $400 million. Since their founding, DAI and MBI have cumulatively designed or constructed projects valued in excess $2 billion.
“DAI and MBI are a welcome addition to the LiRo family,” said LiRo owner Rocco Trotta, PE. “At LiRo, our employees are our most important asset, and the new DAI and MBI staff will enhance our capabilities and strengthen our resources nationwide,” he continued.DAI and MBI have been serving medical clients throughout New England for more than three decades. The three firms have either designed or built projects in Massachusetts, Maine, New Hampshire, Rhode Island, and Connecticut.
Luis Tormenta, PE, LiRo’s president and CEO, said, “LiRo’s acquisition of DAI and MBI marks our strong entry into the New England market and augments our healthcare and life sciences expertise nationwide. It is an important step in the on-going strategic expansion of our firm that aims at providing complete construction, engineering, architecture, and technology services to both public and commercial clients throughout the U.S. and beyond. DAI and MBI bring to LiRo valuable client relationships and expand our company’s multidisciplinary staff to over 900 professionals.
”The DAI and MBI deal follows LiRo’s recent acquisition of the assets of Bowne Management Systems, Inc. (BMS) and Sidney B. Bowne & Son, LLC (Bowne), both based in Mineola, New York. The BMS and Bowne asset acquisition enabled LiRo to expand the complement of integrated construction services it provides in the geographical information systems (GIS), location services, land surveying, and information technology areas.