Rival Holdings Acquires Laux Construction
June 25 2024 - 8:30AM
Rival Holdings has acquired Laux Construction, a Michigan-based
general contractor specializing in commercial construction. The
company has served the greater Lansing area for more than 25 years
on a wide variety of construction projects in the public and
private sectors, including education, healthcare, industrial and
commercial needs.
Founded by David Laux in 1996, Laux Construction has experienced
steady growth by focusing on high-quality work and client
satisfaction. The company employs nearly 40 team members with a
multitude of roles in the service areas of general contracting,
construction management and design and build. Recent notable
projects include the Michigan Department of Natural Resources
Legacy Parkway, the Capital Area Transportation Authority
(CATA) Multimodal Gateway and a new building for Michigan
Virtual University.
“We have been searching for a strong partner in the commercial
construction industry, and we are thrilled to welcome Laux
Construction to the Rival team,” said Rival Holdings CEO Brad
Crawford. “The industry is on a growth trajectory, and Laux has
demonstrated strong momentum while maintaining a positive
reputation for quality and service. They will be an important part
of our strategy to impact the built environment.”
Founder and CEO of Laux Construction David Laux said, “At Laux
Construction, we strive to build business relationships as strong
as family, and we know we are only as good as our last project. Our
clients trust that we will always deliver a quality product with
superior customer support, and that’s why they continue to come
back to us. I believe the Laux Construction vision and values align
with Rival, and I look forward to working with Rival leadership as
we move forward together.”
Rival, which launched operations in 2023, has assembled an
experienced team with deep industry knowledge and a desire to make
a strong, positive impact on the built world.
About Rival Holdings
Rival invests in organizations in the built ecosystem with the
collective goal of catalyzing innovations that will actively
transform the industry. We rival the status quo by empowering
visionary companies to pursue disruptive technologies and
techniques that will reshape how the built world operates. Our
highly skilled team believes the return on these strategic
investments will transform lives, communities, and the world for
the better. For more information, visit rival.re.
Kate Virag
The Ferguson Agency
260-414-2431
kate@fai2.com