Franjo Construction Acquires Fort Lauderdale-based GSD Contracting

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Franjo Construction Corporation, a general contractor headquartered in Homestead, PA says it has acquired  Fort Lauderdale-based GSD Contracting, which it says has been in business for 35 years in South Florida.

In a statement, Franjo says GSD has built and renovated hundreds of hotels, churches, banks, retail stores, malls, car dealers and assisted living facilities.

Franjo’s parent holding company, Platino Holdings, will maintain controlling interest of GSD. GSD will continue to operate under the GSD Contracting name as a subsidiary under Platino Holdings. GSD’s former managers and founders, Greg DeJohn and Guy DeJohn, will remain with the Company in an advisory capacity.

“We are excited about this transaction on many different levels,” Platino Holdings president Joe Leonello said in a statement. “We view the acquisition of GSD as the next step in expanding and transforming the company. GSD’s history, culture, and relentless commitment to client satisfaction are a perfect fit for us and together we can make an even stronger impact for our clients in South Florida and beyond.”

“We are appreciative of the support and confidence shown by Platino,” said DeJohn. “This acquisition provides GSD with an even stronger financial foundation and brings a distinct set of construction management skills and experience that will exponentially increase opportunities for GSD’s longterm growth prospects across all Florida markets.

The company also announced it had hired Andres Rodriguez as GSD’s new vice-president of Construction. Rodriguez will be responsible for the planning, directing and managing all company project activities.

“Andres’ experience in business development, preconstruction, project management, and general management roles will help GSD continues to strengthen and grow its presence in Florida,” said Leonello.

Rodriguez is a certified general contractor with more than 24-years of industry experience and holds a bachelor’s degree in Construction Management from Florida International University.

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