DiGeronimo
DiGeronimo Companies is a family-owned, vertically integrated development, construction, and capital firm with six subsidiaries serving enterprise clients and municipalities. It self-performs heavy civil, demolition, environmental, and general contracting work, develops mixed-use, industrial, and student housing projects across 39 states, and manages approximately $1.1 billion in assets.
- Company typePrivate
- Founded1956
- HeadquartersIndependence, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What DiGeronimo does
DiGeronimo Companies is a family-owned, vertically integrated development, construction, and capital firm headquartered in Brecksville, Ohio. The company operates through six wholly-owned subsidiaries — Independence Excavating (heavy civil, demolition, environmental remediation, concrete, aggregate recycling), Independence Construction (construction management, design-build, general contracting), Independence Demolition, Winter Construction and Winter Environmental (Southeast-focused, acquired 2022), and Indy Equipment (equipment sales/rentals) — providing a single-source solution from concept to completion across development, demolition, site work, construction, and capital deployment. Founded in 1956 by Sam and Don DiGeronimo, the company has grown to 1,700+ employees with active or recent projects across 39 states, and is currently led by second/third-generation family members Vic DiGeronimo (CEO), Rob DiGeronimo (President of Independence Excavating), and Kevin DiGeronimo (Principal).
The company generates revenue across four streams: development services (development fees, equity investments, property sales/leases on mixed-use, industrial, residential, and student housing projects), construction services (CM and self-performed site work via Independence Construction and Independence Excavating), capital/investment returns (internally managed investment funds plus a partnership with a major hedge fund enabling rapid project funding), and equipment sales/rentals through Indy Equipment. Its go-to-market is enterprise field sales, engaging directly with major corporations (Sherwin-Williams, CSA Group, Cleveland Clinic, Cleveland Browns, Hylant), developers, and municipalities through RFP/RFQ processes, master development partnerships, and long-term relationships — exemplified by the 90-acre Valor Acres mixed-use flagship in Brecksville, OH and recent selection as master developer for Cleveland's ~50-acre downtown lakefront. The firm manages approximately $1.1 billion in assets, with over $550 million in active development concentrated in Northeast Ohio alone, and a $150M mixed-use project (District 46) underway in Berea with Haslam Sports Group.
DiGeronimo firmographics
Firmographics- Name
- DiGeronimo
- Legal name
- DiGeronimo Companies
- Website
- https://digeronimocompanies.com
- Company type
- Private
- Founded year
- 1956
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- DiGeronimo Companies is a family-owned, vertically integrated development, construction, and capital firm with six subsidiaries serving enterprise clients and municipalities. It self-performs heavy civil, demolition, environmental, and general contracting work, develops mixed-use, industrial, and student housing projects across 39 states, and manages approximately $1.1 billion in assets.
- Ownership category
- akta.pro rank
DiGeronimo industry classification
Industry- Product category
- Commercial Construction and Real Estate Development
- NAICS
- Site Preparation Contractors (23891), Site Preparation Contractors (238910), Other Heavy and Civil Engineering Construction (237990), Support Activities for Mining (21311)
- SIC
- Construction Machinery & Equip (3531), Construction, Mining & Materials Handling Machinery & Equip (3530), Wholesale-Construction & Mining (No Petro) Machinery & Equip (5082)
- akta.pro primary industry
- Rock Excavation, Blasting & Quarry-Assist Works (IMAFAKAE)
Keywords
Where DiGeronimo is headquartered
LocationHeadquarters
- HQ city
- Independence
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
DiGeronimo business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Development Services: Full-service commercial, industrial, and residential development including mixed-use projects, student housing, and industrial parks. Revenue generated through development fees, equity investments, and property sales/leases.
- Construction Services: Construction management, general contracting, and self-performed site work through Independence Construction, Independence Excavating, and Independence Demolition subsidiaries. Revenue from construction contracts.
- Capital/Investment Returns: Self-funding and equity investments in development projects through internally managed investment funds. Returns generated through investment gains, dividends, and appreciation on owned properties.
- Equipment Sales and Rentals: Indy Equipment provides sales and rental of construction equipment and building supplies, and accepts demolished concrete for recycling.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Large Projects - Hedge Fund Partnership |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
DiGeronimo product offering
Product offeringCore offering
DiGeronimo Companies delivers a seamless, single-source solution from concept to completion by integrating development, demolition, site work, construction, capital, and operations under one trusted partner. The firm operates through six subsidiaries: Independence Excavating (heavy civil construction, demolition, environmental remediation, concrete construction, aggregate crushing/recycling), Independence Construction (construction management, design-build, general contracting), Independence Demolition (structural/selective demolition, foundation removal), Winter Construction (commercial construction in Southeast US), Winter Environmental (environmental services in Southeast US), and Indy Equipment (construction equipment sales/rentals).
Product overview
DiGeronimo Companies operates as a fully integrated development, construction, and capital company with six subsidiary companies under its umbrella. The core offerings include Independence Excavating (heavy civil construction, demolition, environmental remediation, concrete construction, aggregate crushing), Independence Construction (construction management, design-build, general contracting), Independence Demolition (structural/selective demolition), Winter Construction (commercial construction in Southeast markets, acquired 2022), Winter Environmental (environmental services, acquired 2022), and Indy Equipment (equipment sales/rentals). DiGeronimo Development serves as the full-service developer arm with projects spanning mixed-use developments (Valor Acres, Pinecrest), student housing (Gateway North at JCU), industrial parks (Madison Industrial Park, Cornerstone Business Park, Forward Innovation Center), multi-family residential (Electric Gardens, Canvas at Valor Acres), resorts (Waterwood Resort), and hospitality (AC Hotel, restaurants). The company leverages vertical integration across development, demolition, site work, construction, and capital to deliver projects throughout 39 states.
Differentiator
Problem solved
Functional benefit
Products and services
- Independence Excavating
- Independence Construction
- Independence Demolition
- Winter Construction
- Winter Environmental
- Indy Equipment
- DiGeronimo Development
- Capital Services
Quantifiable outcome
- 98% multi-family occupancy at Valor Acres
- +3 more outcomes
Companies that use DiGeronimo
Customer profileNamed customers13 records
Segments5 records
Ideal customer profiles3 records
DiGeronimo technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DiGeronimo partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core, major and minor.
- CSA GroupcoreCSA Group selected Valor Acres for its new 290,000+ SF U.S. Head Office featuring testing laboratories and offices. CSA Group is a global organization dedicated to safety, social good, and sustainability, providing testing, inspection, and certification services. Construction to be delivered by Independence Construction with site work by Independence Excavating. Enabling work began March 2026 with completion expected early 2028.
- North Coast Waterfront Development Corporation (NCWDC)coreNCWDC selected DiGeronimo Development as master development partner for Cleveland's downtown lakefront transformation. The approximately 50-acre publicly owned site includes areas north of Huntington Bank Field. Selection follows a competitive RFQ process. NCWDC was established by the City of Cleveland to facilitate lakefront redevelopment.
- HylantmajorHylant, one of the nation's largest privately held insurance brokerage firms, is relocating its Northeast Ohio office to Valor Acres with a lease for approximately 24,000 SF of Class A office space. Founded in 1935, Hylant offers insurance, employee benefits, and risk management consulting services. Move-in scheduled for early 2027.
- John Carroll UniversitymajorDiGeronimo Development is serving as developer for Gateway North, a transformative mixed-use development at the gateway to John Carroll University's campus in University Heights. The project includes nearly 28,000 SF of retail space anchored by Trader Joe's and 96 residential units for 351 students.
- Haslam Sports GroupcorePartnership with Haslam Sports Group and Berea City Schools to build $150M mixed-use 'District 46' in Berea by 2027. Project includes 144-room Marriott Tribute hotel, 7,000 seat stadium, 50,000 SF office building, and 156 residential units. Haslam Sports Group owns the Cleveland Browns.
- Berea City SchoolsmajorPartner in District 46 development. The 7,000 seat stadium at District 46 will be the future home of Berea Midpark High School and other events programmed by Haslam Sports Group.
- University HospitalsmajorPre-leased 10,500 SF of office space in the CrossCountry Mortgage Campus Expansion development in Berea, Ohio. University Hospitals is a major healthcare system in Northeast Ohio.
- Crawford HoyingcorePartnership for hotel development at Valor Acres. Crawford Hoying is a full-service real estate developer with over $3 billion in completed and active developments including Bridge Park in Dublin and Water Street District in Dayton. Jointly developing and co-owning the 136-key AC Hotel by Marriott with DiGeronimo and Shaner.
- Shaner Hotel GroupcoreAward-winning international hotel owner, operator and developer with over $1 billion invested in 60 hotel properties. Serving as hotel operating partner for the 136-key AC Hotel by Marriott at Valor Acres. Partnership marks the fifteenth collaborative hotel venture between Crawford Hoying and Shaner.
- Scannell PropertiesmajorDevelopment partnership for Forward Innovation Center East and West, transforming former Ford Motor Company properties in Brook Park and Walton Hills. Combined sites total over 320 acres with over 3.8 million SF under roof. Partnership began June 2021.
- Weston, Inc.majorDevelopment partner for Forward Innovation Center East and West. Weston, Inc. joined DiGeronimo Companies and Scannell Properties to create Northeast Ohio's newest business hubs on former Ford properties.
- Fairmount PropertiesmajorCo-developer of Pinecrest mixed-use development in Orange Village, Ohio. DiGeronimo Companies and Fairmount Properties designed and built the upscale retail space with residential and entertainment components. Grand opening celebrated June 2018.
- City of BrecksvillecoreStrong public-private partnership for Valor Acres development. City of Brecksville partnership enabled DiGeronimo to secure over $12 million in state funding, implement Tax Increment Financing (TIF) program, and establish Community Entertainment District.
- J Roc DevelopmentminorCo-developer of Electric Gardens live-work community in Cleveland's Tremont neighborhood.
Scale indicators7 records
Recent moves2 records
Expansion highlights5 records
DiGeronimo competitors and assessment
Company assessmentDirect peers
- Gilbane Building Company: Family-owned, vertically integrated construction manager and developer with similar mix of self-performed capabilities, real estate development, and owner-builder roles across commercial, healthcare, education, and sports facilities. Comparable in scale, ownership structure, and integrated delivery model.
- DPR Construction: Privately held national general contractor with self-perform capabilities, technical expertise, and integrated development services. Comparable mid-to-large private contractor serving complex commercial, healthcare, and higher-education projects across multiple U.S. regions.
- Mortenson Construction: Privately held national builder-developer with strong sports, healthcare, renewable energy, and mixed-use portfolios. Operates a vertically integrated model combining construction, real estate development, and capital — closely comparable to DiGeronimo's integrated structure.
- Swinerton: 100% employee-owned general contractor and developer with self-perform concrete, mass timber, and integrated real estate development. Operates across commercial, hospitality, multi-family, and mixed-use segments — a structural parallel to DiGeronimo's ownership and integrated delivery.
- The Walsh Group: Family-owned national general contractor and construction manager with significant heavy civil, building, and real estate development operations. Comparable vertically integrated, family-controlled business model with multi-region delivery capability.
- Crawford Hoying: Full-service real estate developer and JV partner with DiGeronimo on the AC Hotel at Valor Acres. Directly comparable developer with $3B+ in completed/active developments including Bridge Park and Water Street District.
Broad incumbents
- Turner Construction Company: One of the largest U.S. general contractors and construction managers, with significant exposure to commercial, sports, healthcare, and mixed-use builds. Operates the AECOM Hunt-Turner JV that DiGeronimo's Independence Construction is part of for the Cleveland Browns stadium — a direct co-bidding relationship.
- AECOM: Global engineering and construction services firm with large-scale program management and design-build capabilities. JV partner with Turner on the Cleveland Browns stadium project where DiGeronimo is part of the team.
- Clark Enterprises: Privately held parent of Clark Construction Group, one of the largest U.S. builders, plus a significant real estate development arm. Comparable mix of construction management, mixed-use development, and family-controlled ownership.
Regional players
- Bedrock Detroit: Cleveland-adjacent large-scale urban mixed-use developer focused on transforming downtown districts through public-private partnerships. Comparable focus on large mixed-use development anchored by corporate tenants, though concentrated in Detroit.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
DiGeronimo social profiles
Digital presenceDiGeronimo financial estimates
Financial estimateRevenue estimate
Valuation estimate
DiGeronimo leadership team
Management profileNumber of profiles
Profiles4 records
DiGeronimo subsidiaries and ownership
Company hierarchySubsidiaries6 records
DiGeronimo funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DiGeronimo 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 DiGeronimo
What does DiGeronimo do?
DiGeronimo Companies delivers a seamless, single-source solution from concept to completion by integrating development, demolition, site work, construction, capital, and operations under one trusted partner. The firm operates through six subsidiaries: Independence Excavating (heavy civil construction, demolition, environmental remediation, concrete construction, aggregate crushing/recycling), Independence Construction (construction management, design-build, general contracting), Independence Demolition (structural/selective demolition, foundation removal), Winter Construction (commercial construction in Southeast US), Winter Environmental (environmental services in Southeast US), and Indy Equipment (construction equipment sales/rentals).
Is DiGeronimo a public or private company?
DiGeronimo is a private company. It is classified as family owned and is currently operating.
When was DiGeronimo founded?
DiGeronimo was founded in 1956. It employs 51 to 100 people.
Where is DiGeronimo based?
DiGeronimo is headquartered in Independence, United States, in the North America region.
How does DiGeronimo make money?
Four revenue lines are on record. Development Services are the primary driver. The others are construction Services, capital/Investment Returns and equipment Sales and Rentals.
Who are DiGeronimo's main competitors?
Direct peers on record are Gilbane Building Company, DPR Construction, Mortenson Construction, Swinerton, The Walsh Group and Crawford Hoying. Broad incumbents are Turner Construction Company, AECOM and Clark Enterprises. Bedrock Detroit is listed as a regional player.
Does DiGeronimo have an API?
No public API is recorded for DiGeronimo.
What industry is DiGeronimo in?
DiGeronimo's product category is Commercial Construction and Real Estate Development. Its primary akta.pro industry code is IMAFAKAE, Rock Excavation, Blasting & Quarry-Assist Works. Its NAICS code is 23891 and its SIC code is 3531.