Tricorp Group
Tricorp Group is a privately held Northern California general contractor and construction manager specializing in affordable housing, multifamily, mixed-use, and hospitality projects, serving developers, public agencies, nonprofits, and hotel brands with a focus on innovative construction methods including CLT, modular, and mass timber.
- Company typePrivate
- Founded2004
- HeadquartersSacramento, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Tricorp Group does
Tricorp Group, Inc. is a privately held general contracting and construction management firm headquartered in Rocklin, California, founded in 2004 by Tony Moayed as Tricorp Construction and reorganized under its current name in 2014 after closing its Southern California operations. The company serves owners, developers, public agencies, nonprofits, and hotel brand operators across Northern California, with a portfolio spanning affordable housing, multifamily residential, mixed-use, hospitality, student housing, and public/civic projects. Its largest disclosed engagement is the $52 million Preserve at Marin renovation for Aimco, and it has delivered regional and national firsts including the Sacramento region's first CLT construction (Sonrisa Studio Apartments, 2023), the region's first completed modular building (Eviva Midtown, 2017), and the first U.S. AMMR-approved 6-story wood-over-3-story concrete podium (1430 Q, 2021).
The company operates through four core service lines: preconstruction services (feasibility, estimating, value engineering, constructability reviews), general contracting, construction management, and service/special projects for occupied properties. It self-performs 20-30% of work across demolition, concrete, metal stud framing, drywall, wood framing, plumbing, and finish carpentry, supported by a craft training center in West Sacramento. Technology is conventional construction industry stack: Procore for project management, Sage 300 for accounting, and Microsoft Project and Primavera P6 for scheduling.
Tricorp is a sales-led, principal-driven firm that engages clients through direct relationships and an online Bid Center for subcontractors. Revenue is generated through project-specific competitive bids and negotiated contracts, with a deliberate focus on fewer, larger, and methodologically innovative projects. In September 2020, principals Ryan Smith, Chris Cormier (a 2006 intern-turned-President), and Matt Carota acquired the company from founder Tony Moayed, who remained through 2023 to mentor the new ownership. The firm has 11-50 employees, is unencumbered by outside equity, and operates exclusively in Northern California.
Tricorp Group firmographics
Firmographics- Name
- Tricorp Group
- Legal name
- Tricorp Group, Inc.
- Website
- https://tricorp-group.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tricorp Group is a privately held Northern California general contractor and construction manager specializing in affordable housing, multifamily, mixed-use, and hospitality projects, serving developers, public agencies, nonprofits, and hotel brands with a focus on innovative construction methods including CLT, modular, and mass timber.
- Ownership category
- akta.pro rank
Where Tricorp Group is headquartered
LocationHeadquarters
- HQ city
- Sacramento
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Tricorp Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- General Contracting Services: Traditional general contracting services for construction projects including hospitality, affordable housing, multifamily, and commercial projects. Revenue earned through competitive bidding on projects and negotiated contracts with owners/developers.
- Construction Management Services: Construction management services providing sharply controlled and monitored project progress in terms of quality, cost, and time. Includes preconstruction services such as budgeting, cost assessments, value engineering, and constructability reviews.
- Special Projects and Service Work: Service and special projects including apartment complex maintenance, office remodels, tenant improvements, plumbing, energy upgrades, and exterior weatherization. Diverse workforce capable of performing wide variety of trades with cross-trained craftspeople.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-specific construction services |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Tricorp Group product offering
Product offeringCore offering
Tricorp Group is a general contracting and construction management firm delivering preconstruction services, full-cycle general contracting, construction management, and service/special projects for affordable housing, multifamily, mixed-use, hospitality, public, and institutional clients in Northern California. The firm self-performs 20–30% of work across multiple trades and integrates Procore with Sage 300 for project and cost management.
Product overview
Tricorp Group is a general contracting and construction management firm offering a comprehensive suite of construction services. The company's portfolio consists of four core service offerings: Preconstruction Services (site selection, feasibility, estimating, value engineering, and constructability reviews); General Contracting (project management, safety/quality control, schedule/cost control, and self-performed trade work); Construction Management (full-cycle project oversight from preconstruction through close-out); and Service & Special Projects (maintenance, renovations, and special projects for occupied properties). These services support diverse project types including affordable housing, hospitality, multifamily, industrial, retail, public works, and special projects throughout Northern California.
Differentiator
Problem solved
Functional benefit
Products and services
- Preconstruction Services
Quantifiable outcome
- 80% of current Project Managers began as Project Engineer Interns
- +5 more outcomes
Companies that use Tricorp Group
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
Tricorp Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Tricorp Group partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Capitol Area Development Authority (CADA)coreCADA is a unique public agency collaboration between State of California and City of Sacramento. Tricorp has completed multiple projects with CADA including Sonrisa Studio Apartments (first under Governor Newsom's Executive Order), 1326 O Street community space, and CADA Office Remodel. Tricorp collaborated with CADA on innovative construction methods including CLT and modular building.
- Eden HousingcoreEden Housing is a nonprofit affordable housing developer. Tricorp developed an industry-leading COVID-19 jobsite program that Eden Housing implemented on several other projects. Projects include Stone Pine Meadow Apartments (72 units, Tracy), The Calms at Burgess Point (56 units, Benicia), and Longshore Cove Apartments (236 units, Vallejo).
- Solano Affordable Housing FoundationcoreNonprofit developing affordable housing in Solano County. Tricorp worked with foundation on Marina Village Housing (160 units) and maintained original project completion dates despite COVID-19 shutdowns by identifying out-of-sequence work activities.
- Mercy HousingcoreLarge nonprofit affordable housing developer. Tricorp completed 1801 West Capitol project (85 units, 57,192 sq ft) in West Sacramento providing permanent supportive housing for families exiting homelessness.
- 3Strands Global FoundationminorNonprofit fighting human trafficking and assisting its victims. Tricorp partnered with 3Strands for Holiday Toy Drive (donating 500+ toys), and completed The Table tenant improvement (12,526 sf empowerment center) for survivors of human trafficking.
- Presidio CompaniescoreDevelopment company. Testimonial from Managing Partner Guneet Bajwa praising Tricorp's work on multiple hospitality projects including new construction, renovation, and design/build. Alila Napa Valley project completed for Presidio Companies.
- Rebuilding TogetherminorNational nonprofit focused on home repair. Tricorp participated in Rebuilding Day 2023, sponsoring and volunteering to repair an elderly disabled veteran's home including debris removal, electrical work, kitchen/bathroom renovations, and exterior repairs.
- Marriott InternationalcoreTricorp has completed multiple Marriott-branded projects including AC Hotel by Marriott Sacramento (179 keys), Springhill Suites by Marriott Belmont (168 keys), and Courtyard by Marriott Redwood City (177 keys). Works directly with brand standards.
- Hyatt HotelscoreCompleted multiple Hyatt hotels including Hyatt Place Hotel UC Davis (127 keys - one of first P3 projects in California), Historic Hyatt House Hotel K Street Sacramento (128 keys), Hyatt Place El Segundo (143 keys - first GEN 2 model in US), Doubletree Suites Rancho Cordova conversion, and Hyatt House Vacaville.
- Hilton WorldwidecoreCompleted Doubletree Suites by Hilton Rancho Cordova property improvement plan converting from Hyatt House hotel. All rooms received new finishes including code and brand upgrades to plumbing, HVAC, fire sprinklers and lighting.
- Construction Industry Education Foundation (CIEF)minorTricorp sponsors teams at CIEF Nor Cal Design Build Competition and hosts CREATE Summer Camp students at project jobsites to inspire young individuals to enter the construction field.
Scale indicators7 records
Recent moves9 records
Expansion highlights5 records
Tricorp Group competitors and assessment
Company assessmentDirect peers
- Plant Construction Company: San Francisco-based general contractor serving commercial, residential, and institutional clients in the Bay Area and Northern California. Similar size tier and service offering, including tenant improvements and ground-up construction.
- Swinerton: West Coast-headquartered general contractor with a deep multifamily, hospitality, and commercial portfolio in Northern California. Closest scale-and-geography comparable to Tricorp, with overlapping services in preconstruction, GC, and construction management for similar client types.
- Webcor: San Francisco-based general contractor specializing in multifamily residential, commercial, and public-sector construction across Northern California. Comparable service mix and customer base to Tricorp, particularly in affordable housing and urban mixed-use projects.
- Herrero Builders: San Francisco general contractor focused on residential, mixed-use, and institutional projects in the Bay Area. Comparable size and geographic footprint, with overlap on multifamily ground-up and occupied renovation work that mirrors Tricorp's core offerings.
- Hathaway Dinwiddie Construction Company: San Francisco-based general contractor with strong multifamily, commercial, and civic portfolio across Northern California. Comparable customer mix of developers and public agencies, with similar construction management and preconstruction capabilities.
Broad incumbents
- Turner Construction Company: One of the largest general contractors in the US with an established Sacramento office. Competes for the same hospitality and institutional work as Tricorp but at a much larger scale and across virtually all commercial building segments.
- DPR Construction: National, technically focused general contractor with a major Sacramento and Bay Area presence. Overlaps with Tricorp on multifamily and hospitality but operates at significantly larger scale with broader sector coverage including healthcare, life sciences, and advanced technology.
- Clark Construction Group: Large national general contractor with West Coast presence on multifamily, hospitality, and civic projects. Significantly larger than Tricorp with broader geographic and sector reach, but competes for many of the same Northern California developers.
- McCarthy Building Companies: National general contractor with a strong presence on multifamily, hospitality, and educational projects in California. Competes with Tricorp for similar owner/developer relationships but at materially larger scale and broader portfolio.
Regional players
- Lathrop Construction Associates: Sacramento-area general contractor focused on commercial, healthcare, and multifamily construction in California's Central Valley and Northern California. Comparable regional footprint and customer base, though with a different sector mix than Tricorp.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Tricorp Group social profiles
Digital presenceTricorp Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tricorp Group leadership team
Management profileNumber of profiles
Profiles3 records
Tricorp Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tricorp Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tricorp Group
What does Tricorp Group do?
Tricorp Group is a general contracting and construction management firm delivering preconstruction services, full-cycle general contracting, construction management, and service/special projects for affordable housing, multifamily, mixed-use, hospitality, public, and institutional clients in Northern California. The firm self-performs 20–30% of work across multiple trades and integrates Procore with Sage 300 for project and cost management.
Is Tricorp Group a public or private company?
Tricorp Group is a private company. It is classified as management employee owned and is currently operating.
When was Tricorp Group founded?
Tricorp Group was founded in 2004. It employs 11 to 50 people.
Where is Tricorp Group based?
Tricorp Group is headquartered in Sacramento, United States, in the North America region.
How does Tricorp Group make money?
Three revenue lines are on record. General Contracting Services are the primary driver. The others are construction Management Services and special Projects and Service Work.
Who are Tricorp Group's main competitors?
Direct peers on record are Plant Construction Company, Swinerton, Webcor, Herrero Builders and Hathaway Dinwiddie Construction Company. Broad incumbents are Turner Construction Company, DPR Construction, Clark Construction Group and McCarthy Building Companies. Lathrop Construction Associates is listed as a regional player.
Does Tricorp Group have an API?
No public API is recorded for Tricorp Group.