Versacon
Versacon, Inc. is a privately held, Minnesota-based full-service general contracting firm delivering general contracting, design-build, tenant improvements, construction management, and pre-construction services across healthcare, education, federal, municipal, and private commercial sectors, primarily serving federal, state, and municipal government clients throughout the Twin Cities metro and greater Minnesota.
- Company typePrivate
- Founded2008
- HeadquartersMinneapolis, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Versacon does
Versacon, Inc. is a Minnesota-based, privately held full-service general contracting firm founded in 2008 in Maple Grove by Service-Disabled Veteran LeRoy Meyer and now owned and led by President Chuck Zierhut, who acquired the company at the end of 2021. Headquartered at 9443 Science Center Drive in Minneapolis since a 2019 relocation to New Hope, the firm operates with a team of approximately 27 in-house staff including project managers, superintendents, carpenters, and administrative leadership, supported by a formalized subcontractor prequalification network.
The firm delivers five core construction services - General Contracting, Design Build, Tenant Improvements, Construction Management, and Pre-Construction Services - across eight market segments: Healthcare & Medical, Education, Federal, Municipal, Tenant Improvements, Pre-Engineered Buildings, Private, and Ground Up. A distinguishing technical capability is in-house professional engineering staff enabling cost-saving design alternatives during design-build pre-construction, an offering the firm positions as differentiated from pure general contractors. Landmark projects span hospital facilities, hybrid operating rooms, K-12 and technical college campuses, VA medical centers, MnDOT rest stops, city trailheads and community buildings, transit headquarters, and tenant improvements for private commercial clients.
Versacon earns revenue on a project-based professional services model, bidding on public-sector solicitations and private commercial engagements; pricing is quote-based and not publicly disclosed, with contract cadence measured in months to multi-year durations (e.g., the 2024-2026 Metro Transit HQ renovation). Customer concentration is dominated by federal, state, and municipal government owners across Minnesota, supplemented by a smaller private commercial book. Go-to-market is enterprise field sales driven by direct engagement, public bidding, referrals from long-term subcontractor relationships, and a portfolio-driven website, with no marketplace, self-serve, or software channel. Versacon received a 2018 Minnesota Construction Association Award of Excellence and is recognized as an Equal Employment Opportunity / Affirmative Action employer.
Versacon firmographics
Firmographics- Name
- Versacon
- Legal name
- Versacon, Inc.
- Website
- https://versaconinc.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Versacon, Inc. is a privately held, Minnesota-based full-service general contracting firm delivering general contracting, design-build, tenant improvements, construction management, and pre-construction services across healthcare, education, federal, municipal, and private commercial sectors, primarily serving federal, state, and municipal government clients throughout the Twin Cities metro and greater Minnesota.
- Ownership category
- akta.pro rank
Versacon industry classification
Industry- Product category
- Commercial Construction Services
- NAICS
- Interior Design Services (54141), Management, Scientific, and Technical Consulting Services (5416)
- SIC
- General Bldg Contractors - Residential Bldgs (1520), Construction - Special Trade Contractors (1700)
- akta.pro primary industry
- Commercial General Contracting (New Build) (IMAFAAAA)
- akta.pro secondary industries
- Residential General Contracting (New Build) (IMAFAAAB), Specialty Finishes & Decorative Installations (Plaster, Stone Veneer, Feature Walls) (IMAFANAM)
Keywords
Where Versacon is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Versacon business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- General contracting and construction management services: Project-based fees earned through general contracting, design build, tenant improvements, construction management, and pre-construction services. Revenue is tied to awarded public and private construction projects, with landmark projects including hospital facilities, commercial renovations, public housing, and restaurants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Quote-based project pricing per scope (general contracting, design build, tenant improvements, construction management, pre-construction) |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Versacon product offering
Product offeringCore offering
Versacon is a full-service, multi-discipline general contracting firm providing general contracting, design build, tenant improvements, construction management, and pre-construction services to public and private clients. The firm leverages in-house engineering staff for design-build projects and delivers landmark projects across healthcare, education, federal, municipal, and private commercial market segments throughout Minnesota.
Product overview
Versacon Inc. is a full-service, multi-discipline general contracting firm, not a software platform. Its offering is a unified set of five core construction services — General Contracting, Design Build, Tenant Improvements, Construction Management, and Pre-Construction Services — delivered across eight market segments: Healthcare & Medical, Education, Federal, Municipal Construction, Tenant Improvements, Private, Pre-Engineered Buildings, and Ground Up. Each market segment (e.g., Healthcare & Medical Construction, Federal Construction, Ground Up Construction) is a specialization of the same core services, tailored to the segment's owner, regulatory, and project-type requirements (e.g., VA hospitals, MnDOT rest stops, K-12 schools, city trailheads). Together, the core services and market segments constitute the company's product portfolio, all performed by in-house staff and trusted subcontractor partners across the Minneapolis/Minnesota region.
Differentiator
Problem solved
Functional benefit
Products and services
- General Contracting
Quantifiable outcome
- First million-dollar project (Polytrauma Renovation) secured in 2009; first $10 million project (Building 49 Ward) in 2014
- +4 more outcomes
Companies that use Versacon
Customer profileNamed customers22 records
Segments6 records
Ideal customer profiles4 records
Versacon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Versacon partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered supporting and minor.
- CFMA (Construction Financial Management Association)supportingVersacon team members attended the 2022 CFMA Conference for continuing education, indicating participation in the Construction Financial Management Association's industry network for construction financial professionals.
- OSAH Environmental CompliancesupportingOSAH Environmental Compliance (Steve and Scott) provided safety training to Versacon's team at the yearly kickoff meeting, supporting the firm's safety culture.
- Refuge Golf CourseminorHosted the annual Versacon Golf Tournament (at least 9-10 years running), an event that brings together Versacon clients and subcontractors to build relationships.
Scale indicators5 records
Recent moves4 records
Expansion highlights2 records
Versacon competitors and assessment
Company assessmentDirect peers
- McGough Construction: St. Paul/Roseville-based full-service general contractor with comparable service lines (general contracting, design-build, construction management) and overlapping public/institutional and healthcare work in the Twin Cities market.
- RJM Construction: Minneapolis-based general contractor of similar size delivering tenant improvements, healthcare, and education projects across the Twin Cities — most directly comparable on scale and service mix.
- Adolfson & Peterson Construction: Midwest-headquartered (Minneapolis) general contractor delivering commercial, healthcare, education, and municipal projects with similar pre-construction, design-build, and construction management capabilities.
- Kraus-Anderson Construction Company: Minneapolis-based full-service construction firm providing general contracting, construction management, and design-build for healthcare, education, municipal, and commercial clients across the Upper Midwest.
- Knutson Construction: Minneapolis-area general contractor offering pre-construction, construction management, design-build, and general contracting across commercial, healthcare, education, and public sectors — directly overlapping with Versacon's service mix and geography.
Broad incumbents
- Ryan Companies US, Inc. Large Minneapolis-headquartered national developer/builder with integrated design-build and real estate development services across healthcare, commercial, and public sectors — overlapping capabilities but at much greater scale and geographic reach.
- M.A. Mortenson Company: Minneapolis-headquartered national general contractor with full pre-construction, design-build, and construction management services across healthcare, federal, education, and infrastructure — same Twin Cities base as Versacon but vastly larger scale.
- JE Dunn Construction: Top-20 U.S. general contractor headquartered in Kansas City with healthcare, federal, education, and municipal practices that overlap Versacon's market segments, but operating at national scale.
- Walsh Construction: Chicago-based national general contractor with public-sector, healthcare, and education building practices comparable to Versacon's segments, though serving broader geographies.
Others
- Stantec (Construction Services): Global design and construction services firm providing program management and design-build for federal, healthcare, and institutional clients — adjacent competitor for integrated design-build opportunities that Versacon targets.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Versacon social profiles
Digital presenceVersacon compliance and trust
Trust signalCompliance1 record
Versacon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Versacon leadership team
Management profileNumber of profiles
Profiles4 records
Versacon subsidiaries and ownership
Company hierarchySubsidiaries1 record
Versacon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Versacon 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 Versacon
What does Versacon do?
Versacon is a full-service, multi-discipline general contracting firm providing general contracting, design build, tenant improvements, construction management, and pre-construction services to public and private clients. The firm leverages in-house engineering staff for design-build projects and delivers landmark projects across healthcare, education, federal, municipal, and private commercial market segments throughout Minnesota.
Is Versacon a public or private company?
Versacon is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Versacon founded?
Versacon was founded in 2008. It employs 11 to 50 people.
Where is Versacon based?
Versacon is headquartered in Minneapolis, United States, in the North America region.
How does Versacon make money?
One revenue line is on record: general contracting and construction management services.
Who are Versacon's main competitors?
Direct peers on record are McGough Construction, RJM Construction, Adolfson & Peterson Construction, Kraus-Anderson Construction Company and Knutson Construction. Broad incumbents are Ryan Companies US, Inc., M.A. Mortenson Company, JE Dunn Construction and Walsh Construction. Stantec (Construction Services) is listed as an others.
Does Versacon have an API?
No public API is recorded for Versacon.
What industry is Versacon in?
Versacon's product category is Commercial Construction Services. Its primary akta.pro industry code is IMAFAAAA, Commercial General Contracting (New Build), with a secondary code of IMAFAAAB, Residential General Contracting (New Build). Its NAICS code is 54141 and its SIC code is 1520.