Commodore Builders, a general contractor from Newton, has acquired the 60-year-old A.J. Martini Inc., a Winchester-based construction management firm.
According to a statement, the acquisition will enable Commodore to grow its business in the institutional, commercial, healthcare and life sciences sectors. A.J. Martini’s senior team will bring the firm’s full strength and depth of experience to Commodore, according to the statement.
Paul Martini, president of A.J. Martini, will become a senior vice president at Commodore. "Combining our technical strength and relevant experience with Commodore’s robust platform will provide our clients with unparalleled knowledge and capability," Martini said in the statement.
Peter Martini, CEO, and Nancy Martini, director of marketing, will also join the senior leadership team at Commodore. The acquisition, which has been in the planning stages for seven months, will include the full integration of both firms at Commodore’s Newton headquarters.
With revenues of nearly $100 million in 2012, Commodore is focused on diversification across market sectors, growing its top and bottom lines and increasing average project size, according to the statement.
"That won’t happen fast enough organically," Commodore President Joe Albanese said in the statement. "And as the economy emerges from the recession, this acquisition will enable us to pursue and win game-changing opportunities faster."





