Tiderock Companies, Inc. says it has acquired a majority controlling interest of Bunnell-based general contractor Charles Burgan LLC.
Charles Burgan LLC, provides design and building services for both residential and commericial construction. The company, now 51% owned by Tiderock, will change its name to Sora Burgan Construction, LLC, Tiderock said in an April 5 statement.
“This acquisition marks another milestone for Tiderock as we continue with our mission to build a diverse real estate company,” said Tiderock CEO Tom Fore. “By vertically integrating, Tiderock is able to not only capture additional revenues from the construction business, but this strategic acquisition gives the company the opportunity to manage those projects directly we are developing in the Florida Marketplace.”