Strategic Acquisitions Journey Group's recent acquisition of MBW Construction & Engineering and subsequent merger indicates a growth strategy focused on expanding market presence in the upper Midwest, presenting sales opportunities related to construction technology upgrades, project management tools, and regional market development services.
Diverse Construction Portfolio With divisions spanning general, civil, and asphalt construction in multiple market sectors, Journey Group offers potential for tailored construction and engineering solutions, as well as innovative materials or sustainable building technologies to enhance their project offerings.
Modern Technology Adoption Utilization of advanced project management and cloud-based tools like Oracle Primavera P6 and HubSpot indicates a tech-savvy organization open to digital solutions, providing opportunities for sales of construction management software, CRM enhancements, and cloud security services.
Financial Stability Generating revenues between $50 million and $100 million, Journey Group demonstrates financial robustness, making them a viable prospect for premium construction services, financing options, or long-term strategic partnerships in the construction sector.
Regional Market Focus Located in Sioux Falls with a workforce of over 350 employees, the company’s regional focus and sizable operations suggest an ongoing need for regional supply chain solutions, workforce development programs, and localized construction innovations to support their project pipeline.