F.H. Paschen

What F.H. Paschen does

F.H. Paschen is a privately held, Chicago-based infrastructure construction firm founded in 1975, operating as a general contractor, construction manager, and design-builder with a workforce of 501-1000 employees. Its core offering is end-to-end project delivery across aviation, transit, heavy civil, healthcare, education, utilities & industrial, municipal, multi-family housing, and park & recreation sectors, executed through multiple delivery methods including design-bid-build, design-build, CM@Risk, Job Order Contracting (JOC), unit price, and integrated project delivery. The company self-performs structural concrete, concrete paving, structural excavation, and deep foundations through its sister company Stalworth Underground, and operates as a National Premier JOC Contractor.

The company's customer base is overwhelmingly public-sector and institutional: Chicago Transit Authority, Chicago Department of Transportation, Chicago Department of Aviation, Illinois DOT, Metropolitan Washington Airports Authority, Cook County, Rush University Medical Center, Public Building Commission, and Great Lakes Water Authority, among others. Project values range from $100,000 to over $100 million. Notable flagship projects include the O'Hare Runway 9C-27C Ground Run-up Enclosure, the 95th Street CTA Terminal, the Washington Wabash elevated CTA station, and a $110 million City of Warren wastewater treatment plant. F.H. Paschen is ISN-Certified, pursues joint ventures with partners such as Ragnar Benson, Bowa Construction, and Jacobs, and partners with the Department of Defense SkillBridge program for talent acquisition.

Revenue is generated through fixed-price construction contracts, construction management fees (including CM@Risk risk-sharing arrangements), and design-build fees, with pricing determined project-by-project through competitive bidding, RFPs, and negotiated contracts. The company is currently expanding geographically into Detroit (Talon Center, 2026) and Texas via the 'Paschen x Princeton' partnership with Princeton Technical Services (June 2026), and is broadening into energy infrastructure including EV charging and renewable energy installations. Revenue is not publicly disclosed, and ownership is private with no disclosed institutional investors or parent company.

Name

F.H. Paschen

Legal name

F.H. Paschen Contractors

Website

https://fhpaschen.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

501–1,000 employees

Short description

F.H. Paschen is a privately held Chicago-based general contractor, construction manager, and design-builder serving government, transit, aviation, healthcare, education, and utility clients across multiple U.S. regions, with recent expansion into Detroit and Texas markets.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Engineering Services (541330), Utility System Construction (2371), Foundation, Structure, and Building Exterior Contractors (2381)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

akta.pro secondary industries

Construction Program Management (Multi-site/Portfolio) (IMAFAAAF), Construction Management (Agency/Owner’s Rep) (IMAFAAAC), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Commercial construction services
• General contracting
• Construction management
• Design-build services
• Heavy civil construction

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Construction Contracts: Revenue generated through fixed-price construction contracts for public and private sector clients. Projects range from $100,000 to over $100 million, with diverse delivery methods including design-bid-build, design-build, CM@Risk, Job Order Contracting, and unit price contracts.
2. Construction Management Services: Fees earned as construction manager on projects where the company oversees project delivery on behalf of owners, often with risk-sharing arrangements under CM@Risk delivery method.
3. Design-Build Services: Integrated design and construction services under design-build contracts, providing single-point responsibility for project delivery.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

F.H. Paschen is a Chicago-based commercial construction firm providing general contracting, construction management, and design-build services to government agencies, transit authorities, healthcare systems, educational institutions, and industrial clients across the United States. Project values range from $100,000 to over $100 million, delivered through methods including design-bid-build, design-build, CM@Risk, Job Order Contracting, and unit price contracts. The firm self-performs structural concrete, concrete paving, and structural excavation, with deep expertise in active transit and occupied facility construction.

Product overview

F.H. Paschen is a commercial construction and contracting company offering a comprehensive portfolio of construction services delivered through multiple delivery methods. The company operates three core service offerings: General Contractor, Construction Manager, and Design-Builder services. These are complemented by specialized delivery methods including Job Order Contracting (JOC), CM@Risk, Design-Bid-Build, Design-Build, Unit Price, and Integrated Project Delivery. The company serves diverse industry sectors including Aviation, Transit, Heavy Civil, Healthcare, Education, Multi-Family Housing, Municipal, Utilities & Industrial, and Park & Recreation. Recent specialized capabilities include EV charging infrastructure and renewable energy installations. A notable strategic partnership called 'Paschen x Princeton' with Princeton Technical Services expands their Texas infrastructure capabilities in civil engineering, materials testing, and construction inspection.

Differentiator

Problem solved

Functional benefit

Brands

• Paschen x Princeton: Strategic partnership between F.H. Paschen and Princeton Technical Services focused on Texas infrastructure projects

Products and services

• General Contractor Services Full-service general contracting for construction projects across aviation, education, healthcare, transit, municipal, and heavy civil sectors delivered through methods including design-bid-build, CM@Risk, and unit price contracts.
• Construction Management Professional construction management services overseeing project planning, execution, and delivery with focus on schedule, budget, and quality control, often under CM@Risk delivery.
• Design-Build Services Integrated design-build delivery method combining architectural and engineering design with construction services under a single point of responsibility.
• Job Order Contracting (JOC) Pre-priced contract terms for facilities construction, renovation, and repair work delivered through competitively bid job orders as a National Premier JOC Contractor.
• Aviation Construction Airport and aviation infrastructure construction including terminals, runways, concourses, deicing facilities, and Aircraft Rescue and Fire Fighting (ARFF) facilities for agencies such as Chicago Department of Aviation and Metropolitan Washington Airports Authority.
• Transit Construction Public transit infrastructure including elevated stations, subway renovations, pedestrian bridges, and bus terminal improvements for agencies such as the Chicago Transit Authority and Northern Indiana Commuter Transportation District.
• Heavy Civil Construction Large-scale civil infrastructure projects including bridges, highways, tollways, roadways, waterways, and railroad grade separations.
• Healthcare Construction

Quantifiable outcome

• Successfully completed O'Hare Runway 9C-27C Ground Run-up Enclosure while maintaining aircraft traffic and critical ARFF routes
• +3 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Princeton Technical ServicescoreStrategic or Co-development Partner · 12 June 2026Strategic partnership called 'Paschen x Princeton' combining F.H. Paschen's construction management and project delivery expertise with Princeton Technical Services' civil engineering, materials testing, and construction inspection capabilities. Focused on Texas infrastructure projects across Dallas, Houston, Austin, and San Antonio targeting aviation, transit, healthcare, education, and heavy civil construction sectors.
• Ragnar BensoncoreStrategic or Co-development PartnerJoint venture partner for the West Lake Corridor project - the design-build extension of the South Shore Line to reach high-growth areas in Lake County, IN. This is a major heavy civil and transit project valued at $$$.
• Bowa ConstructioncoreStrategic or Co-development PartnerJoint venture partner on multiple projects including Dirksen Elementary School Annex & Renovations (CM@Risk delivery) and McDade Classical Elementary School Annex. Enables pursuit of larger projects and combines capabilities.
• Stalworth UndergroundcoreTechnology or IntegrationSister company providing earth retention systems and deep foundations capabilities. F.H. Paschen leverages this relationship to provide additional self-perform capabilities on industrial and heavy civil projects, bringing schedule certainty and quality control.
• Department of Defense (SkillBridge)minorStrategic or Co-development PartnerF.H. Paschen is an authorized DoD SkillBridge partner. The company's Assistant Superintendent Training Program (ASTP) was identified by the DOD as an ideal training program for transitioning service members. F.H. Paschen attends career fairs to recruit service members for positions across the organization.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Walsh Construction: Chicago-based general contractor with very similar portfolio in transit (CTA), aviation, healthcare, education, and heavy civil. Walsh is F.H. Paschen's closest direct competitor for the same Chicago-area public-sector contracts and is a benchmark for regional GC scale.
• W.E. O'Neil Construction: Mid-size Chicago-based general contractor offering construction management, design-build, and general contracting across commercial, education, healthcare, and multifamily sectors. Comparable in size, geography, and customer base to F.H. Paschen.
• Power Construction Company: Chicago-based general contractor focused on healthcare, education, commercial, and public-sector projects. Directly competes with F.H. Paschen on Chicago-area hospital, university, and municipal awards under similar delivery methods.
• Clark Construction Group: Major U.S. general contractor and construction manager with strong presence in transit, aviation, and public infrastructure (including Chicago work). Direct competitor for the same large public-sector project pursuits and design-build contracts.
• Gilbane Building Company: Large privately held GC/CM with deep public-sector and institutional portfolio across healthcare, education, and transportation. Direct peer on the design-build and CM@Risk delivery methods central to F.H. Paschen's business.
• Mortenson Construction: Major U.S. GC with strong transit, aviation, and renewable energy infrastructure practices. Comparable in self-perform concrete capabilities and growing presence in EV/solar infrastructure that overlaps with F.H. Paschen's emerging energy vertical.
• Ragnar Benson Construction: Illinois-based heavy civil and general contractor with overlapping transit, water, and infrastructure portfolio. Ragnar Benson is both a JV partner and direct competitor on heavy civil and design-build pursuits in the Chicago/Midwest market.
• Bowman (formerly Bowa Construction): Mid-size GC with significant Chicago public-sector presence in education, healthcare, and municipal work. Direct competitor for CM@Risk and design-build school and civic projects, and JV partner with F.H. Paschen on school annexes.

Broad incumbents

• AECOM (Construction Services): Global engineering and construction services firm with major transit, aviation, and water infrastructure practice. Competes on large design-build pursuits (and is a JV partner of F.H. Paschen on South Shore Line), offering broader scale and integrated design capabilities.
• Granite Construction: Large publicly traded infrastructure contractor with significant heavy civil, transit, and water infrastructure practice. Competes with F.H. Paschen on large-scale public infrastructure bids and provides a public-market benchmark for valuation context.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/fhpaschen
• Facebookfacebook.com/fh-paschen-sn-nielsen-180238015346032
• LinkedInlinkedin.com/company/f-h--paschen
• Instagraminstagram.com/fhpaschen

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about F.H. Paschen