October 15, 2009

ROEL Construction Acquires Cornerstone CMS, Inc.

San Diego, CA… ROEL Construction finalized acquisition of San Diego based Cornerstone CMS, Inc., a quality provider of Construction Management and General Construction services throughout California.  Cornerstone CMS staff have joined ROEL headquartered in San Diego, who also has offices in Irvine and Palm Desert, CA, Las Vegas, NV, and Kingman, AZ. 

The alliance expands the nationally award-winning ROEL Construction project portfolio in the higher education, healthcare, and assisted living sectors; and the construction management practice of the ROEL Consulting Group.  This partnership results in the culmination of one firm that is comprised of leading construction professionals who have a long history of teaming on many successfully completed projects.

“The acquisition of the Cornerstone CMS team will bring additional strength and experience to our targeted markets.  We are very excited to welcome our new team members and clients to the ROEL Construction family.  As always, ROEL will deliver to all of our clients the very best in quality construction and management services in the industry,” said ROEL chief executive officer Wayne Hickey.

ROEL and Cornerstone CMS, Inc.’s San Diego headquarters, regional offices and jobsites will continue to operate without interruption and construction operations will continue to be overseen by the same management, operational and project teams.

Cornerstone CMS Founder, Jim Frager commented, “Joining the family at ROEL Construction is a great opportunity for the Cornerstone CMS team to experience a wider range of construction project types, markets and delivery methods.  I am thrilled to be able to offer these valuable options to both our clients and employees.”

About ROEL Construction
Founded on integrity, quality and trust, ROEL has been delivering construction excellence for over ninety years.  ROEL Construction provides a wide-range of project delivery expertise from design-build to firm fixed price projects, tenant improvement, LEED certified, structural concrete, to surety and consulting services.  ROEL won the 2008 AGC of America’s National Construction Safety Excellence Award and has been named Contractor of the Year award eight times from its San Diego Chapter.  ROEL ranked 204th on the 2009 ENR Top 400 Contractors list and is a nine-time winner of the Large General Contractor of the Year award from the American Subcontractors Association, San Diego Chapter.  ROEL Construction is the proud cause sponsor of the American Heart Association's Start! program in San Diego.  For more information, visit www.roel.com.

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