Webcor LP, a full-service commercial builder headquartered in San Francisco, announces the acquisition of GCON, a construction management firm based in Phoenix. The transaction is expected to close in Q4 2025, subject to customary closing conditions and regulatory approvals.

This strategic relationship enables Webcor to leverage GCON’s expertise in critical environments – including data centers and semiconductor projects­­­ – to expand into high-growth technology markets.

“This is an exciting opportunity for Webcor to expand our portfolio and enter previously untapped markets,” said Webcor President and CEO Matt Rossie. “GCON brings deep expertise in the technology sector. Together, we’ll be able to pursue new opportunities while respecting each of our unique strengths and capabilities.”

GCON will benefit from Webcor and its parent company Obayashi’s depth of experience and increased bandwidth to pursue larger projects in GCON’s current local and regional technology, healthcare, aviation, commercial and public works markets.

“We’re thrilled to be launching our strategic relationship with Webcor,” said GCON CEO Mike Godbehere. We’re joining forces with a respected California construction firm that aligns with our steadfast commitment to safety, quality, innovation and community. We’re excited to continue growing and serving our clients with the support of Webcor’s resources and capabilities.”

GCON will continue operating as a separate company, retaining its leadership, employees, vision, brand and Arizona headquarters. GCON and Webcor remain deeply committed to their clients, project partners and valued teams. This strategic relationship sets the stage for a more robust competitive advantage as both companies look forward to mutual growth, strengthened capabilities and expanded reach.

RBC Capital Markets served as GCON’s exclusive financial advisor for this transaction, and BaseRock Partners represented Webcor.

About GCON

GCON is a full-service construction management firm providing value-based services nationwide. The company is solution driven to service clients at the highest level. Founded in 2003 and headquartered in Phoenix, GCON has a footprint in 23 states with operations in technology, healthcare, aviation, commercial, higher education and public works. Its purpose is to elevate the construction experience, forging dedicated partnerships and building highly specialized teams that advance its work and fuel a commitment to serve. Learn more at the GCON website.

About Webcor

Webcor is a premier provider of commercial construction services, known for its innovative and efficient approach, wide range of experience, cost effective design-build methodology, skill in concrete construction, and expertise in building landmark projects. Webcor’s mission is to build structures of superior quality with integrity, continuously improve its processes by employing the best talent in the industry and add social and economic value to its communities. Founded in 1971 and repeatedly honored as one of the Best Places to Work, Top California Contractors, Largest Bay Area General Contractors, Top Green Contractors and Top Design-Build Contractors, Webcor has offices throughout the state of California in San Francisco, Alameda, San Jose, San Diego and Los Angeles. More information is available on the Webcor website and on LinkedIn, Facebook, Threads and Instagram.

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