McQuillan Companies Expands with Acquisition of Wallace Contracts

McQuillan Companies, based in Lisburn, has expanded its portfolio by acquiring Wallace Contracts, a family-owned business located in Bangor. This acquisition, finalized in October 2023, marks a significant step for McQuillan Companies as they enhance their operations and workforce.

The acquisition of Wallace Contracts brings with it an additional 40 employees, contributing to McQuillan’s growth strategy. This move not only strengthens the company’s operational capabilities but also broadens its market reach within the construction sector. McQuillan Companies has consistently focused on diversifying its offerings, and this acquisition aligns with their long-term vision.

Wallace Contracts, established for several years, is known for its expertise in residential and commercial construction projects. The family-run nature of the business has fostered strong community ties, which McQuillan Companies aims to uphold. The integration of Wallace Contracts into its existing framework is expected to be seamless, as both companies share similar values in quality and customer service.

According to a statement from Peter McQuillan, Managing Director of McQuillan Companies, the acquisition reflects their commitment to growth and innovation within the industry. He emphasized the importance of investing in talented individuals, stating, “We are thrilled to welcome the team from Wallace Contracts into our family. Their experience complements our vision, and together, we aim to deliver exceptional value to our clients.”

This strategic acquisition is not only about increasing the workforce but also about enhancing the range of services offered by McQuillan Companies. By bringing in Wallace Contracts, they can now offer a more comprehensive suite of services, catering to a broader client base. The goal is to leverage the strengths of both companies to foster growth and improve service delivery.

As McQuillan Companies looks ahead, they remain focused on expanding their footprint in the construction sector. The integration of Wallace Contracts is just one of several planned initiatives aimed at positioning the company as a leader in the market.

With this acquisition, McQuillan Companies illustrates its dedication to sustainable growth and investment in local talent. The future looks promising as they continue to build on their reputation and deliver quality construction solutions across various sectors.