Tuesday, December 29, 2020

Morgan Construction, ESI announce merger

Morgan Construction Inc., an Idaho Falls-based commercial general contractor founded in 1989, has announced it has merged with Boise-based ESI Construction, Idaho’s largest privately held general contractor. The transaction closed earlier this month. Morgan Construction will become Morgan Construction, LLC a Division of ESI.

Matt Morgan, founder of Morgan Construction, will continue as a business development and client relations executive with the new company, working alongside the ESI team as the two companies merge capabilities and employees.

“(We) believe this merger will enable us to serve our clients at an even higher level thanks to the resources that ESI brings to the table,” Morgan said in the press release announcing the merger. “In addition, this merger will give myself and my wife, Lynne, more time to focus on people and causes we’re passionate about in this new chapter of our lives moving forward.”

Morgan Construction is the developer involved with Jackson Hole Junction, on West Sunnyside Road near Exit 116 of Interstate 15. ESI has project experience in eastern Idaho, most recently doing work for Idaho National Laboratory, with whom they worked on joint venture projects such as the Collaborative Computing Center and Cybercore.

“This merger of two great companies allows ESI an exciting opportunity to support already established clients and new clients on exciting projects by enhancing our efficiency and response to a broader market. Idaho is our home and we want to be able to serve all communities throughout the Gem State as we grow together,” said ESI’s president and co-owner, Neil Nelson. "Developing eastern Idaho is important to ESI and Morgan Construction. Matt’s talented team will have the full support of ESI’s resources so we can continue to complete great projects for our clients.”