Nicholson Contracting, LLC, a state licensed commercial general contractor, is proud to announce the acquisition of Magnum Demolition, a well-respected provider of demolition services throughout the Tampa Bay Region. Founded in 2010 by Mr. John Varrati, Magnum has 15 years of relevant operational and market experience. The acquisition marks a significant step forward in Magnum’s mission to deliver competitive, comprehensive, high-quality demolition solutions to its clients and customers.
Enhancing Capabilities
With this acquisition, Nicholson Contracting will fully integrate Magnum’s structural demolition expertise, experienced team, and specialized equipment into its already established business operations. Magnum will continue to operate under the “Magnum Demolition” trademark but will share managerial, administrative and accounting functions.
The combined strengths of both companies will allow for:
• Strategic recapitalization and equipment investments to better serve our clients.
• Increased project capacity and faster response times.
• Enhanced operational efficiency with technology improvements.
• Expanded geographic reach through statewide licensing under CGC1530815.
Seamless Transition
We are committed to ensuring a seamless transition for clients, vendors, and employees. Operations will continue uninterrupted, with a focus on maintaining the high standards of customer service. Mr. Varrati will continue to oversee operations during the transition period [approximately 90 days] to ensure all existing contract obligations are properly implemented. The terms, conditions, and pricing of all existing contracts and proposals will be honored by Nicholson Contracting, LLC. Customers with projects currently in our backlog will be provided a simple reassignment letter to authorize.
Looking Ahead
The integration of Magnum Demolition represents an exciting chapter for Nicholson Contracting. By combining resources, shared services, and expertise, the company is poised to meet the evolving demands of the industry while continuing to build strong relationships with clients and communities.
For more information about this acquisition or Magnum Demolition services, please contact us at the information provided below.
Sincerely,
Josh Nicholson
Owner/Builder Nicholson Contracting, LLC d/b/a
MAGNUM DEMOLITION
813-938-1818
bids@magnumdemo.com
magnumdemo.com
CGC1530815