What Ivey's Construction does

Ivey's Construction Inc. is a privately-held, family-owned Florida general contractor headquartered in Merritt Island, Brevard County, founded in 1973 by Wade A. Ivey and Judy Ivey and now under second-generation ownership of Kevin W. Ivey since 2008. The firm operates as a Florida State Certified General Contractor (License No. CGC-038685) and is registered as an AISC Advanced Certified Steel Erector, holding the LEED BD+C credential via key team members. It delivers general contracting, construction management, design-build, and specialized structural steel erection and heavy rigging services across aerospace/defense, maritime/port, county and municipal government, education, and themed-attraction verticals, with the overwhelming majority of its work concentrated in Brevard County and adjacent Florida Space Coast communities.

The company's competitive position rests on 50+ years of relationship-driven project execution with anchor clients including NASA Kennedy Space Center, Canaveral Port Authority, Brevard County Government, Brevard Public Schools, United Launch Alliance, Lockheed Martin, Boeing, US Army Corps of Engineers, Patrick Air Force Base, Delaware North Parks and Resorts, Florida Institute of Technology, and Melbourne Orlando International Airport. Notable projects include the $78.98 million Gateway to Space at the KSC Visitor Complex, multiple Cruise Terminals (1, 3, 5, 6), the Vehicle Assembly Building fire suppression system, and the Florida Tech Health Sciences Research Center. Self-perform capabilities in advanced steel erection and heavy rigging, combined with a Corporate Safety Director function led by a 30-year veteran and an in-house safety program that yields an EMR consistently below the industry average, support work on highly regulated aerospace and federal installations.

Ivey's revenue mechanics are traditional project-bid based: the firm pursues public RFPs and private negotiations, prices each engagement project-by-project based on scope and complexity, and supports contracts through its ~$185 million aggregate bonding capacity. Marketing is largely earned-media driven (industry awards, ABC Excellence in Construction recognition, NASA subcontractor awards, USGBC Green Building Award), supplemented by a company website showcasing the project portfolio and a LinkedIn corporate page. The firm has remained independent with no institutional capital, no M&A history, and no disclosed geographic expansion outside the Southeastern United States Space Coast footprint.

Name

Ivey's Construction

Legal name

Ivey's Construction Inc.

Website

https://iveysconstruction.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Ivey's Construction is a privately-held, family-owned Florida general contractor (founded 1973) providing general contracting, construction management, design-build, and AISC-certified structural steel erection services to NASA, Brevard County, Port Canaveral, and other institutional clients across Florida's Space Coast.

Ownership category

akta.pro rank

Headquarters

HQ city

Merritt Island

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. General Contracting Services: Traditional general contracting services where the company serves as the primary contractor for construction projects, managing subcontractors and project delivery.
2. Construction Management: Construction management services including preconstruction services, cost control, and value engineering to deliver projects on time, on budget, and to specification.
3. Design-Build Services: Design-build services covering Aerospace, Maritime, Retail, Attractions, Municipal, and Parking Structures markets, providing integrated design and construction delivery.
4. Structural Steel Erection Services: Advanced Certified Steel Erection services including structural and miscellaneous steel erection, advanced welding services, and heavy rigging services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Ivey's Construction is a Florida State Certified General Contractor offering a full range of construction services including General Contracting, Construction Management, Design-Build, and AISC Advanced Certified Steel Erection. The company serves government, aerospace/defense, maritime, education, aviation, and theme park clients in Brevard County and the Space Coast region, with self-perform structural steel erection and heavy rigging capabilities.

Product overview

Ivey's Construction is a Florida State Certified General Contractor offering a portfolio of construction services: General Contracting, Construction Management, Design Build, and Structural Steel Services (including AISC Advanced Certified Steel Erection). The company operates primarily in Brevard County serving diverse markets including Aerospace, Maritime, County & Municipal, Education, Government, and Theme Parks. Founded in 1973, the company has aggregate bonding capacity of about $185 million and has completed multiple projects in the $75 million range.

Differentiator

Problem solved

Functional benefit

Products and services

• General Contracting

Quantifiable outcome

• $185 million aggregate bonding capacity
• +2 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Delaware North Company Parks and ResortscoreStrategic or Co-development PartnerLong-term partnership with Delaware North for construction projects at the Kennedy Space Center Visitor Complex. Projects include Gateway at KSC Visitor Complex, Kennedy Entry Experience, and numerous attraction renovations and new constructions.
• Brevard County GovernmentcoreOthersOngoing relationship with Brevard County for various municipal construction projects including detention centers, county facilities, traffic management, and parks and recreation projects.
• Canaveral Port AuthoritycoreStrategic or Co-development PartnerStrategic partner for cruise terminal construction and port infrastructure at Port Canaveral. Completed multiple terminals (1, 3, 5, 6), parking garages, and ongoing port improvement projects.
• Brevard Public SchoolscoreOthersLong-standing relationship with Brevard County School Board for school construction and renovation projects including roof replacements, electrical upgrades, fire alarm systems, and facility improvements.
• NASA Kennedy Space CentercoreStrategic or Co-development PartnerTrusted contractor for NASA at Kennedy Space Center with multiple projects including Vehicle Assembly Building modifications, launch complex improvements, and Visitor Complex attractions. Awarded NASA Small Business Subcontractor of the Year 2020.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Manhattan Construction Company: Oklahoma-based general contractor with comparable portfolio across government, aerospace, education, and commercial work; family-owned history and multi-regional operating model parallel Ivey's profile.
• Robins & Morton: Birmingham, AL-based general contractor with strong healthcare, government, and institutional portfolio in the Southeast; comparable size, regional focus, and reliance on negotiated and public-bid work makes it highly relevant to Ivey's positioning.
• The Middlesex Corporation: Florida-headquartered general contractor serving government, commercial, and infrastructure clients across the Southeast; same regional base and similar bonding/project scale profile as Ivey's.
• Brasfield & Gorrie: Large Southeast US general contractor headquartered in Birmingham, AL, with comparable scope across commercial, healthcare, education, government, and aerospace/institutional clients; similar project scale and self-perform capabilities make it a strong comparable for Ivey's regional GC model.

Broad incumbents

• Clark Construction Group: Large ENR top-tier general contractor with significant federal, aviation, and institutional work; competes for many of the same public-sector and large-scale contracts as Ivey's, but at substantially greater scale.
• Whiting-Turner Contracting Company: Major East Coast and national general contractor with deep presence in education, government, healthcare, and commercial sectors; competing incumbent on many of the institutional project types Ivey's targets.
• Gilbane Building Company: Major privately held national general contractor with substantial federal, education, and institutional work; broader geographic footprint and larger project scale than Ivey's, but overlapping client and service categories.
• Hensel Phelps: Large national GC with deep federal, aerospace (including NASA), and aviation portfolios; a much larger incumbent operating in overlapping customer categories such as Kennedy Space Center and other federal aerospace facilities.
• AECOM (Construction Services): Global infrastructure and construction services firm with major federal, aerospace, and transportation practices; competes with Ivey's on large federal and aerospace contracts as a much larger incumbent.
• Balfour Beatty (US operations): Major international general contractor with significant US federal, civil, and commercial work; broader portfolio and capital base overlap with Ivey's federal and institutional client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ivey's-construction

Compliance3 records

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 Ivey's Construction