What Peters Construction does

Revenue is generated through project-based, fixed-price, negotiated, and design-build contracts awarded via direct enterprise sales to project owners, design teams, and architects in the Cedar Valley / Northeast Iowa region. The employee-owned structure and absence of any disclosed funding rounds, investors, or M&A activity indicate a self-financed operating model with capital reinvested from operations. The go-to-market motion is relationship-driven, reinforced by 70+ years of continuous regional operation, Employer of Choice recognition from the Waterloo Courier (7 of the past 10 years), industry awards from Master Builders of Iowa, and active leadership participation in regional construction associations. Customer concentration is moderated by vertical diversification but elevated by geographic concentration in Northeast Iowa and recurring work with a core set of institutional accounts.

Name

Peters Construction

Legal name

Peters Construction Corporation

Website

https://peters.build

Company type

Private

Founded year

1951

Operating status

Operating

Headcount range

51–100 employees

Short description

Peters Construction Corporation is an employee-owned commercial general contractor founded in 1951 and headquartered in Waterloo, Iowa. It self-performs key trades and delivers design-build, construction management, and general contracting services across education, healthcare, industrial, retail, and government sectors in Northeast Iowa.

Ownership category

akta.pro rank

Product category

Commercial Construction Services

NAICS

Commercial and Institutional Building Construction (23622)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Self-Performing General Contractors (IMAFAAAI)

akta.pro secondary industry

Construction Management (Agency/Owner’s Rep) (IMAFAAAC)

Keywords

• Commercial general contracting
• Design-build construction
• Construction management
• Pre-construction services
• Historical renovation

Headquarters

HQ city

Waterloo

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. General Contracting Services: Traditional general contractor model providing comprehensive construction services from pre-construction planning through project completion. Revenue is generated through fixed-price contracts, negotiated contracts, and design-build projects. The company self-performs certain trades to maintain control over cost and schedule while also engaging trade subcontractors for competitive pricing.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

Peters Construction Corporation is an employee-owned commercial general contractor delivering full-service construction for new builds, renovations, additions, and historical preservation projects. The company self-performs demolition, earthwork, concrete, steel, carpentry, doors, and finish hardware, and supports clients through design-build, construction management, and design-bid-build delivery methods for projects ranging from $15,000 to $30,000,000 primarily across Northeast Iowa.

Product overview

Peters Construction Corporation is an employee-owned commercial general contractor offering a unified construction service platform. Their core offering is comprehensive commercial construction services including new construction, renovations, and historical preservation projects. The company provides integrated modules including Pre-Construction Services, Construction Management, Design-Build Services, Value Engineering, Self-Performance Construction, Cost Control Services, and Project Delivery Systems. Projects range from $15,000 to $30 million and span industrial, warehousing, educational, religious, healthcare, retail, and athletic facility sectors across Northeast Iowa.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Construction Services
• Pre-Construction Services
• Construction Management
• Design-Build Services
• Self-Performance Construction

Quantifiable outcome

• Projects completed from $15,000 to $30,000,000 in value
• +2 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• The Weitz Company: Iowa-based employee-owned commercial general contractor with similar self-perform capabilities and full-service delivery model. Weitz operates at greater scale across commercial, industrial, and institutional construction, making it the most directly comparable Midwest peer.
• Story Construction: Iowa-headquartered commercial general contractor serving central Iowa with self-perform concrete, steel, and carpentry work across healthcare, education, religious, and industrial sectors — directly overlapping Peters' verticals and self-perform model.
• Russell Construction: Iowa-based commercial general contractor providing design-build, construction management, and general contracting across industrial, healthcare, and education facilities in the Midwest, with comparable self-perform concrete capabilities.
• Henkel Construction: Iowa-headquartered commercial general contractor with self-perform concrete and masonry capabilities serving commercial, healthcare, religious, and educational clients across the region, closely mirroring Peters' delivery model.

Broad incumbents

• Boldt Company: Wisconsin-based employee-owned construction firm offering commercial, industrial, and healthcare general contracting at significantly greater scale than Peters; a broader incumbent operating in adjacent Midwest geography with overlapping self-perform capabilities.
• Gilbane Building Company: National commercial construction manager and general contractor serving education, healthcare, and institutional clients; a broader incumbent that competes with Peters on larger institutional projects in Iowa.
• McCarthy Building Companies: National employee-owned commercial general contractor with strong healthcare, education, and institutional portfolios; competes with Peters for larger healthcare and university projects in the Midwest.

Regional players

• Absolute Construction: Iowa-based commercial general contractor focused on healthcare, education, and commercial projects in the Cedar Falls/Waterloo region; operates in adjacent Iowa geography with directly overlapping verticals.
• Durr Heavy Construction: Iowa-based site preparation, earthwork, and concrete contractor that subcontracts with regional general contractors including those in Peters' market; comparable on self-perform earthwork and concrete scopes.

Others

• Master Builders of Iowa: Iowa construction trade association whose member base directly overlaps Peters' commercial GC peers; serves as both an industry peer-ecosystem reference and award-granting body relevant to Peters' MBI Award recognition.

Market position

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Petersconstructioncorporation
• LinkedInlinkedin.com/company/peters-construction-corporation
• Instagraminstagram.com/petersconstruction

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Peters Construction