Deals Counterparts

McCarthy Building Companies

company 1 Deal 1 Partner

McCarthy Building Companies is a 100% employee-owned American general contractor with over 160 years of experience. They specialize in complex construction projects across various sectors including healthcare, education, commercial, renewable energy, water, wastewater, and transportation infrastructure, primarily serving clients across the United States.

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Founded 1864 6,000 employees
General ContractorEPC Contractor

Strategic Overview

  • As a 100% employee-owned company, McCarthy emphasizes a culture of safety, quality, and client satisfaction.
  • The company focuses on sustainable construction practices and innovative solutions to deliver complex projects.
  • McCarthy maintains a diversified portfolio across critical infrastructure sectors, with a growing presence in renewable energy and data center construction.

Deal Activity from Public Sources

Construction of the first phase of the City of San Diego’s Pure Water Program, a multi-year potable reuse program.
Development Water Treatment, Wastewater Treatment United States Ongoing (started prior to 2024) with City of San Diego
Joint venture for the construction of the new Terminal 1 Redevelopment Program at San Diego International Airport.
Development United States Started 2021 with San Diego County Regional Airport Authority
Construction of the 19.9 MW Rosamond Solar Project, including a 15 MW/60 MWh battery energy storage system.
Development Solar PV, Battery Storage United States Completed 2020 19.9 MW

Investment Focus

Technologies
Solar1
Geography
US1

Key People

Ray Sedey
Chairman and CEO
Jeanie Jones
Chief Financial Officer
Jeff Wagner
Chief Operating Officer, National

Track Record

160
Years Active
Notable projects: City of San Diego Pure Water Program Phase 1 (San Diego, CA), Terminal 1 Redevelopment Program (San Diego International Airport, CA), Rosamond Solar Project (Rosamond, CA), Confidential Hyperscale Data Center Projects

Detailed Analysis

Sectors
TransportDigital/TelecomSocial InfrastructureUtilitiesEnergy Transition
Technologies
Solar PVBattery StorageData CenterWater TreatmentWastewater Treatment
Geographies
United States
Deal Stage
GreenfieldBrownfield
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