Absolute Group IA

What Absolute Group IA does

Absolute Group is a 100% employee-owned specialty construction contractor headquartered in Granger, Iowa, serving municipal, commercial, and residential customers across the state. Founded in 1998 by two high school friends as Absolute Concrete, the company consolidated five brands (Absolute Concrete, Carruth Construction, GreenTech, Absolute Infrastructure, and Absolute Solutions) into a single unified entity in January 2023. It now operates from a new 17-acre, 54,000 sq ft facility with over 400 team members, structured entirely as an Employee Stock Ownership Plan (ESOP) with no external investor ownership. The company is an approved Iowa DOT Contractor Prime and Sub Contractor and holds the exclusive Iowa license for PrimX jointless steel-fiber reinforced concrete technology.

The company delivers integrated turn-key site development across four service divisions: concrete (slipform paving, flatwork, poured walls, concrete pumping, telebelt conveyors, PrimX jointless slabs, laser screed leveling), erosion control and SWPPP management with landscaping/hardscapes, underground utilities, and residential concrete work. Equipment portfolio includes slipform pavers, concrete pumps, telebelt conveyors, and laser screed machines, supporting continuous high-volume pours for roads, highways, parking lots, and industrial flooring. A partnership with Greenland Homes extends the offering into full residential home construction.

Revenue is generated through project-based contracts on a quote-driven model, with services priced per project scope across municipal infrastructure bidding, commercial developer relationships, and direct homeowner engagement. The go-to-market is enterprise field sales targeting city, county, and state government entities for infrastructure work, commercial property developers for large-scale concrete and site development, and residential builders and homeowners for foundation, driveway, and patio work. Industry association memberships (AGC of Iowa, ICPA, NUCA) provide project referrals and credibility, while brand-building channels include an active social media presence and the company podcast 'No Excuses.' Absolute Group has accumulated 20+ years of industry awards from ICPA, IRMA, and AGC, most recently recognized in 2022 for concrete paving, streets/intersections work, and safety excellence across its erosion control, infrastructure, and concrete divisions.

Name

Absolute Group IA

Legal name

Absolute Group

Website

https://ag-iowa.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

1–10 employees

Short description

Absolute Group is a 100% employee-owned specialty construction contractor based in Granger, Iowa, delivering turn-key site development — concrete, erosion control, underground utilities, and residential concrete — to municipal, commercial, and residential customers across Iowa. The firm holds an exclusive statewide license for PrimX jointless concrete technology and operates a 400+ person workforce from a consolidated 17-acre facility.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Site Preparation Contractors (23891), Poured Concrete Foundation and Structure Contractors (23811), Land Subdivision (2372)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), General Bldg Contractors - Residential Bldgs (1520), Electrical Work (1731)

akta.pro primary industry

Landscape Construction & Hardscaping (Patios, Retaining Walls, Outdoor Structures) (IMAIAIAE)

akta.pro secondary industries

Landscape Construction Project Management & General Contracting (HSAIABAK), Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Concrete construction services
• Site development
• Erosion control services
• Underground utilities construction
• Specialty contracting

Headquarters

HQ city

Slater

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Services - Commercial & Municipal: Project-based revenue from commercial concrete, municipal infrastructure, and site development services. Services include slipform paving, flatwork, underground utilities, erosion control, and full-site development for municipal, commercial, and residential projects.
2. Residential Concrete Services: Revenue from residential construction including foundations, basement and garage floors, driveways, sidewalks, patios, and footings for homeowners and residential builders.
3. Specialized Concrete Solutions - PRIMX: Premium jointless concrete technology services exclusively available through Absolute Group as the only licensed PrimX provider in Iowa, targeting industrial and high-traffic flooring applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Absolute Group provides turn-key site development and specialty construction services across Iowa, delivered through four service divisions: Commercial/Municipal Concrete (slipform paving, flatwork, poured walls, PRIMX jointless slabs), Erosion Control (sediment control, SWPPP management, landscaping/hardscapes), Underground Utilities (water, sewer, site prep), and Residential Concrete (foundations, floors, driveways, patios). The company is also partnered with Greenland Homes to deliver residential home construction, all powered by a 100% employee-owned workforce.

Product overview

Absolute Group is a specialty construction company offering integrated construction solutions as a single unified provider. The company operates four core service divisions: Concrete Services (including slipform paving, flatwork, PRIMX jointless technology, poured walls/footings, concrete pumping, and telebelt conveyor), Erosion Control (including SWPPP management, sediment control, and landscaping/hardscapes), Utilities (underground utilities and heavy construction), and Residential Concrete (foundations, floors, flatwork, footings). The company is also partnered with Greenland Homes for residential home construction. Services are delivered by a 100% employee-owned workforce of over 400 team members from their main hub in Granger, Iowa.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial and Municipal Concrete Services Full-service concrete construction for commercial, municipal, and industrial customers, including slipform paving for roads and highways, flatwork, PRIMX jointless slabs for industrial spaces, poured walls, footings, trench footings, and damp/water proofing.
• Erosion Control Services Erosion and sediment control services including silt fences, e-tube filter socks, wattles, SWPPP management, and landscaping/hardscapes for construction sites and DOT projects.
• Underground Utilities Construction Underground utility installation and heavy construction services including water and sewer systems, site preparation, structural development, and trucking for municipalities and developers.
• Residential Concrete Services Residential concrete services including poured foundation walls, basement and garage floors, driveways, sidewalks, patios, and footings for homeowners and residential builders.
• PRIMX Jointless Concrete Flooring Advanced steel fiber reinforced jointless slab technology exclusively licensed to Absolute Group in Iowa, providing maintenance-free industrial flooring for warehouses and industrial spaces in markets such as Ankeny and Des Moines.
• Residential Home Construction Home construction offered in partnership with Greenland Homes, providing residential home building with a commitment to quality and 2-year builder warranty.

Quantifiable outcome

• ESOP share price averaged 26% growth over the last 4 years
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Dallas Center-Grimes (DCG) High SchoolminorOthers · 1 January 2022School-to-work partnership providing students with real-world experience in specialized concrete construction through rotation across Absolute Group's service divisions.
• Johnston High SchoolminorOthers · 1 January 2022School-to-work partnership providing students with real-world experience in specialized concrete construction through rotation across Absolute Group's service divisions.
• Greenland HomescoreStrategic or Co-development PartnerAbsolute Group has partnered with Greenland Homes to provide the highest quality home construction to customers with the commitment of being the best value. This partnership extends Absolute Group's residential services into full home construction.
• PrimX NAcoreOEM/ Whitelabel/ Licensing PartnerExclusive licensing agreement making Absolute Group the only licensed provider of PrimX jointless concrete technology in Iowa. This partnership provides access to cutting-edge, maintenance-free flooring solutions for industrial spaces.
• AGC (Associated General Contractors of Iowa)minorOthersIndustry association membership providing credibility, networking, and project referral opportunities within the Iowa construction industry.
• ICPA (Iowa Concrete Paving Association)minorOthersIndustry association membership for concrete paving professionals, providing recognition opportunities and industry best practices.
• NUCA (National Utility Contractors Association)minorOthersIndustry association membership for utility and infrastructure construction professionals.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Baker Concrete Construction: One of the largest commercial concrete subcontractors in the U.S., with industrial flatwork, foundations, and site concrete across multiple geographies; broad incumbent offering overlapping concrete services.
• United States Concrete Inc. (US Concrete): National concrete and heavy infrastructure platform operating across ready-mix and construction services — broad incumbent whose specialty contracting segments compete for the same DOT and commercial floor pours.

Direct peers

• Price Industrial Construction: Specialty concrete contractor that provides poured foundations, slabs, and concrete services for industrial and commercial clients in Iowa — directly overlaps on commercial concrete and foundations.
• Manatt's Inc. Iowa-based heavy/civil and concrete contractor performing site development, paving, utilities and structural concrete across municipal and commercial segments — directly comparable in services and geography.

Regional players

• Concrete Technologies Inc. Midwest concrete and foundations contractor serving commercial, industrial and residential projects; comparable services (poured walls, footings, flatwork) but primarily operates outside Absolute Group's Iowa core.
• Iowa Civil Contracting: Iowa-based heavy civil and utility contractor focused on underground utility installation, site work, and erosion control — direct overlap with Absolute Group's Utilities division.
• Jensen Builders / Jensen Construction: Iowa-based site preparation, utility, and concrete contractor serving commercial and municipal clients — comparable on underground utilities and site development, with regional Midwest overlap.

Others

• PrimX NA: Technology licensor whose jointless concrete technology Absolute Group distributes and installs in Iowa; adjacent partner, not a competitor, but shapes Absolute Group's product roadmap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AbsoluteGroupIA
• YouTubeyoutube.com/channel/UC4xOSVYvsmZyrEbrn9HqgfQ
• Facebookfacebook.com/absolutegroupIA
• LinkedInlinkedin.com/company/absolute-group-ia
• Instagraminstagram.com/absolutegroup_ia

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Absolute Group IA