What Aldrich + Associates does

Aldrich + Associates, Inc., founded in 1972 and headquartered in Bothell, Washington, is a private full-service general contractor operating in the Pacific Northwest under the combined AldrichVKP brand following its 2026 merger with VK Powell Construction, an 80-year-old Yakima-based firm. The firm specializes in healthcare, veterinary, dental, life science, laboratory, and corporate office projects, delivering construction services exclusively to health and science organizations across Washington State. Its service portfolio spans general contracting, preconstruction planning, Building Information Modeling (BIM), project delivery methodology (including progressive design-build), and sustainability services, coordinated through its proprietary lean construction framework branded as the 'A+ Approach' and marketed as the firm's core predictability differentiator for critical-environment builds.

Revenue is generated through project-based general contracting engagements: AldrichVKP serves as the prime contractor overseeing subcontractors, schedules, and budgets for healthcare and science facility clients, with pricing set per project scope and not publicly disclosed. The go-to-market is relationship-led and direct — long-tenured customer relationships with regional health systems, executive-level referrals, and a project portfolio that includes named engagements with UW Medicine/Harborview (Hybrid Bi-Plane OR), CommonSpirit/St. Joseph Medical Center (Level III NICU), Seattle Children's, EvergreenHealth, Franciscan Health, Northwest Kidney Centers, and BluePearl. Marketing channels are primarily the corporate website, LinkedIn/Facebook presence, earned media and project case studies, and workplace/industry recognition such as the 2026 'Washington's Best Workplaces' listing.

Operational footprint consists of the Bothell (Western Washington) headquarters and a Yakima (Central Washington) regional office inherited from VK Powell, giving the combined entity two-office regional reach across the Pacific Northwest. The firm is privately held, founder/management-controlled, with no disclosed institutional investors or external funding rounds, and operates with an employee base of 101–250.

Name

Aldrich + Associates

Legal name

Aldrich + Associates, Inc.

Website

https://aldrich-assoc.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

101–250 employees

Short description

AldrichVKP (formerly Aldrich + Associates), founded 1972 in Bothell, Washington, is a Pacific Northwest full-service general contractor specializing in healthcare, veterinary, dental, life science, and laboratory facility construction via its proprietary A+ Approach lean methodology.

Ownership category

akta.pro rank

Headquarters

HQ city

Bothell

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting / Construction Services: AldrichVKP operates as a full-service general contractor providing construction services for healthcare, veterinary, dental, life science, laboratory, and corporate office projects. Revenue is generated through project-based contracts, typically involving preconstruction services, project delivery, and post-construction support. The company serves as the primary contractor overseeing subcontractors and managing project timelines and budgets for clients across the Pacific Northwest.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Aldrich + Associates (now AldrichVKP Construction Company) is a full-service general contractor providing construction services for healthcare, veterinary, dental, life science, laboratory, and corporate office projects in the Pacific Northwest. The company delivers projects through a proprietary lean "A+ Approach" methodology encompassing preconstruction, project delivery, building information modeling (BIM), and sustainability services. It specializes in critical environment construction, including active-facility hospital renovations and specialized clinical builds.

Product overview

AldrichVKP is a full-service general contractor offering a unified suite of construction services for healthcare, veterinary, dental, life science, laboratory, and corporate office projects. The company operates the A+ Approach methodology as its core service framework, supported by specialized offerings including Project Delivery Methods, Preconstruction Services, Building Information Modeling (BIM), and Sustainability Services. These services work together to deliver critical environments with predictability and attention to detail across the Pacific Northwest.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting Services Full-service general contracting for healthcare, veterinary, dental, life science, laboratory, and corporate office construction projects in the Pacific Northwest region, serving as the primary contractor overseeing subcontractors and managing project timelines and budgets.
• Project Delivery Methods

Quantifiable outcome

• Delivered Hybrid Bi-Plane Operating Room remodel at UW Harborview Medical Center on time and within budget
• +1 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• VK Powell ConstructioncoreStrategic or Co-development Partner · 1 January 2024Aldrich + Associates (Bothell-based, operating since 1972) and VK Powell Construction (an 80-year-old Yakima firm) joined forces to form AldrichVKP Construction Company. The merger combines Aldrich's Western Washington healthcare construction expertise with VK Powell's Central Washington market presence to create a unified contractor serving health and science organizations across Washington State and the Greater Pacific Northwest.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Gilbane Building Company: Major privately held national general contractor with a strong healthcare building practice serving academic medical centers and large health systems. Competes for institutional capital projects at similar enterprise healthcare clients.
• DPR Construction: Top-tier national general contractor with a significant healthcare and life sciences practice serving complex technical builds including hospitals, labs, and research facilities. Comparable on technical complexity and life sciences vertical.
• The Boldt Company: National healthcare-construction-specialized general contractor with deep hospital and clinical building expertise. Direct vertical competitor on complex inpatient and ambulatory projects at health systems across the U.S.
• McCarthy Building Companies: National healthcare-focused general contractor serving academic medical centers, health systems, and research institutions. Comparable on vertical focus and active-facility complexity, with broader geographic reach and significantly larger resources than Aldrich.
• Mortenson Construction: National general contractor with a dedicated healthcare and life sciences construction practice serving large health systems and research institutions. Comparable on vertical specialization, complexity, and integrated project delivery methods.
• Skanska USA: International general contractor with a U.S. healthcare practice and Pacific Northwest presence. Competes on large institutional healthcare, life sciences, and corporate campus projects with substantially greater capital and geographic reach.

Direct peers

• BNBuilders: Seattle-based Pacific Northwest general contractor with significant healthcare and life sciences construction experience. Directly competes with Aldrich for hospital, ambulatory, and lab projects across the Washington State market.
• Swinerton: West Coast-focused national general contractor with Pacific Northwest presence and active healthcare/institutional practice. Competes for similar commercial, healthcare, and corporate office clients across Washington and Oregon.
• Lease Crutcher Lewis: Portland/Oregon-headquartered Pacific Northwest general contractor with a strong healthcare and institutional project portfolio. Closest comparable to Aldrich + Associates by geography, customer segments (health systems and universities), and project complexity.
• Sellen Construction: Long-established Seattle-based general contractor with a substantial Pacific Northwest institutional and commercial portfolio, including healthcare and corporate campus work. Direct regional competitor on healthcare and corporate campus projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/aldrichandassociates
• LinkedInlinkedin.com/company/aldrich-vkp

Revenue estimate

Valuation estimate

Number of profiles

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 Aldrich + Associates