Lipman

What Lipman does

Lipman is a privately held, family-owned Australian commercial construction company founded in 1966 by Phillip Lipman and headquartered in North Sydney, NSW. The firm delivers design and construct, construction management, lump sum, and managing contractor services across nine sector verticals — education, health, aged care, leisure and aquatic, retail and hospitality, offices, industrial, community facilities, and fitout and refurbishment — with a particular concentration in institutional, government, and healthcare clients across NSW and Southern Queensland.

Lipman operates from six offices across NSW: the North Sydney headquarters and regional offices in Port Macquarie, Bathurst, Ballina (operating as Bennett Constructions), Wyong, Wagga Wagga, and Coffs Harbour. The firm employs 220+ multi-disciplined professionals with a collaborative contracting culture that emphasizes long-tenured project teams and live-environment delivery capability. Notable completed projects include the $85M Parramatta Aquatic & Leisure Centre (winner of the 2024 Sulman Medal), the $77M Yarrila Place cultural civic centre in Coffs Harbour (2025 Sulman Medal), the $125M Wet'n'Wild Sydney water park, and the $107M Macquarie University Arts Precinct. Lipman has accumulated 127 industry awards since 1994 across MBA, Australian Institute of Architects, and international competitions.

The business operates exclusively on direct enterprise sales through relationship management and competitive tender processes, with project-based pricing negotiated per engagement. Revenue is generated through multi-year contracts of varying scale, with no public disclosure of consolidated financial figures. The firm is wholly owned by the Lipman family following the April 2023 passing of founder Phillip Lipman, and current leadership is held by CEO Rob MacKee. Bennett Constructions functions as a wholly-owned subsidiary serving the Northern Rivers region under a separate trade name.

Name

Lipman

Legal name

Lipman Pty Ltd

Website

https://lipman.com.au

Company type

Private

Founded year

1966

Operating status

Operating

Headcount range

101–250 employees

Short description

Lipman is a family-owned Australian commercial builder founded in 1966, delivering design-and-construct, construction management, and lump-sum contracts across education, health, aged care, leisure, retail, industrial, and community sectors in NSW and Southern Queensland from six offices with 220+ staff.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Nonresidential Building Construction (2362)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Commercial construction services
• Design and construct
• Construction management
• Building refurbishment
• Aged care construction

Headquarters

HQ city

North Sydney

HQ country

Australia

HQ region

Oceania

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales

Revenue model

1. Construction Services: Project-based construction services delivering commercial buildings across multiple sectors including education, health, aged care, retail, hospitality, industrial, and community. Revenue generated through Design & Construct contracts, Construction Management, Lump Sum, and Managing Contractor delivery models.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Lipman is a commercial construction company delivering building construction services across NSW and Southern Queensland. It operates through multiple contract delivery models including Design & Construct, Construction Management, Lump Sum, and Managing Contractor. Its work spans eight principal sectors: education, health, aged care, leisure/aquatic, retail/hospitality, offices, industrial, and community, supplemented by fitout and refurbishment services for existing buildings.

Product overview

Lipman is a commercial construction company offering a unified suite of construction services delivered through multiple delivery methods (Design & Construct, Construction Management, Managing Contractor, Lump Sum). Rather than a modular software platform, Lipman's offering consists of sector-specialised construction services including Education, Health, Aged Care, Retail & Hospitality, Industrial, Regional, Leisure & Aquatic, and Community Facilities construction. The company operates as a single integrated construction firm with offices across NSW, serving clients from project inception through to completion across commercial, institutional, and government sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Construction Services
• Education Sector Construction
• Health Sector Construction
• Aged Care Construction
• Retail and Hospitality Construction
• Industrial Construction
• Regional Construction Services
• Fitout and Refurbishment
• Leisure and Aquatic Construction
• Community Facilities Construction

Quantifiable outcome

• 127 awards won from 1994 to present
• +2 more outcomes

Named customers25 records

Segments9 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Buildcorp: Australian private commercial builder of comparable size and sector mix (education, health, aged care, leisure), operating across NSW and East Coast. Closest head-to-head match to Lipman's profile of a multi-sector, multi-delivery-model commercial builder.
• AW Edwards: Sydney-based commercial builder specializing in health, education, and aged care projects with a multi-decade track record. Direct mid-tier competitor operating in overlapping NSW institutional markets with similar delivery models.
• Ganellen: NSW-headquartered commercial construction firm delivering institutional, education, health, and aged care projects across Sydney and regional NSW. Comparable family/private ownership profile and similar project size band to Lipman.
• FDC Construction: Australian multi-sector commercial builder with a strong NSW presence and similar sector breadth across education, health, residential, commercial and retail. Head-to-head competitor for many of the same institutional clients.
• Hansen Yuncken: One of Australia's oldest family-owned commercial builders, with significant NSW/ACT operations spanning health, education, leisure and community sectors. Comparable in scale, ownership type, and institutional sector mix to Lipman.
• Richard Crookes Constructions: Sydney-headquartered private commercial builder with comparable mix of education, health, leisure and community projects across NSW. Closely aligned on delivery models, scale, and ownership profile to Lipman.

Broad incumbents

• Lendlease Construction: Australia's largest publicly-listed construction and development company, with deep institutional and government client relationships in NSW. Tier-1 incumbent that competes with Lipman on larger education, health and community projects.
• Multiplex (Brookfield): Major Tier-1 Australian commercial builder (now part of Brookfield) that competes with Lipman on large institutional projects (universities, health, civic) across NSW. Represents the upper-scale competitive benchmark in the commercial builder category.
• BESIX Watpac: National Tier-1 builder (BESIX Group subsidiary) with strong NSW and Queensland presence across health, education, leisure, and commercial. Competes with Lipman for institutional tenders at the upper-mid to top end of the project size spectrum.

Regional players

• Roberts Piva Builders: Northern Rivers/NSW North Coast regional commercial builder (private, mid-sized). Bennett Constructions in Lipman's group directly overlaps with Roberts Piva's geographic and sector footprint, making them a head-to-head regional peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

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 Lipman