has completed a majority recapitalization and generational ownership transfer.
On May 1, 2019, Lee Redfern Construction Co., Inc. announced completion of a majority capitalization and generational transfer of ownership.
“The OneAccord team provided exceptional cross-disciplinary advice, processes and transaction leadership to help us navigate through a complex transaction, and positioning us for a phase of unprecedented growth,” said Torey Redfern, CEO of Redfern. “We look forward to continuing the great work with the OneAccord team.”
“We were delighted to partner with the Redferns on this important transaction for their family,” said Mark Hulak, managing director of OneAccord capital advisory services. “Since its founding in 1967, the company has solidified a sterling reputation in the Pacific Northwest construction industry, and is now poised for strong expansion in this next phase of its evolution.”
“We are so enthusiastic to partner with Torey Redfern, the company’s new CEO, as it enters this new high growth chapter for Redfern Construction and implements some key operational initiatives,” added Zane Geel, OneAccord Principal.
OneAccord acted as the exclusive strategic and financial advisor to Redfern Construction.