SPS New England, Inc.

What SPS New England, Inc. does

SPS New England, Inc. is a heavy civil construction contractor headquartered in Salisbury, Massachusetts, specializing in bridge, highway, transit, and marine construction for public-sector clients across New England. Founded in 1984 by Wayne, Karen, and Phil as a family business, the company transitioned to 100% employee ownership through an ESOP in 2023. It primarily serves state departments of transportation (MassDOT, NHDOT, Maine DOT), transit authorities (MBTA), port authorities (Massport), and municipal governments, generating revenue through competitive bidding on public infrastructure contracts with project values ranging from $3.2M municipal seawall repairs to $318.8M mega-project joint ventures. The company employs 209 people and operates a 700-linear-foot deep-water marine terminal in Everett, MA with a 200-ton hoist and a USCG-certified, ABS-Repair-Certified fabrication facility in Salisbury.

Name

SPS New England, Inc.

Legal name

SPS New England, Inc.

Website

https://spsne.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

101–250 employees

Short description

SPS New England is a Salisbury, MA-based heavy civil construction contractor providing bridge, highway, transit, and marine construction services to state DOTs, transit authorities, and municipalities across New England, with a 200-ton marine terminal and ESOP structure since 2023.

Ownership category

akta.pro rank

Product category

Heavy Civil Construction Services

NAICS

Other Heavy and Civil Engineering Construction (237990), Utility System Construction (2371)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Offshore Vessel Life Extension, Major Conversion & Rebuild (EPC/Integration) (IMAJACAJ)

akta.pro secondary industry

Pipe-lay & Heavy-lift Offshore Vessel Construction (IMAJACAE)

Keywords

• Heavy civil construction
• Bridge construction services
• Highway construction services
• Marine construction services
• Design-build construction

Headquarters

HQ city

Salisbury

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Public Infrastructure Construction Contracts: SPS generates revenue through winning and executing public infrastructure construction contracts. Revenue is project-based, derived from competitive bids with state departments of transportation, cities, towns, and transit authorities for bridge, highway, transit, and marine construction projects. Projects range from millions to hundreds of millions of dollars (e.g., Newton Weston Bridge Bundle at $318.8M, Davol Street Fall River at $110.6M).
2. Equipment Rental: SPS rents out marine vessels and equipment including tug boats, barges, work skiffs, and sectional barges to other contractors or entities needing marine support equipment.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

SPS New England, Inc. is a heavy civil construction contractor that builds and maintains bridges, highways, transit/rail systems, and marine infrastructure for government transportation agencies and private clients across New England. The company delivers projects through traditional design-bid-build and design-build procurement methods, specializing in accelerated bridge construction techniques, and operates its own deep-water marine terminal, vessel fabrication facility, and marine equipment fleet to self-perform marine and heavy-lift scopes of work.

Product overview

SPS New England, Inc. is a construction contractor company offering a portfolio of heavy civil construction services rather than a unified software product. The core service offerings include Design-Build project delivery (as the company's specialized capability), Bridge Construction, Highway Construction, Marine Construction, Transit/Railroad Construction, Marine Facility operations (including deep water port and fabrication), Equipment Rental, and Structures Maintenance. These services are offered as distinct but complementary construction service lines, with Design-Build serving as a procurement method that can encompass multiple construction disciplines on a single project.

Differentiator

Problem solved

Functional benefit

Products and services

• Design-Build Project Delivery

Quantifiable outcome

• Completed 13 Design-Build projects including first ever MassDOT Design-Build
• +4 more outcomes

Named customers8 records

Segments4 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

Five partnerships are on record, tiered core.

• DW White Construction, Inc.coreStrategic or Co-development PartnerJoint venture partnership for Davol Street Fall River project ($110.6M), a corridor improvements project on Route 79 and Davol Street including demolition of four bridges. SPS and DW White are co-contractors on this significant MassDOT project.
• Walsh GroupcoreStrategic or Co-development PartnerJoint venture partnership for the Newton Weston Bridge Bundle I-90 & I-95 Interchange project ($318.8M), one of the largest projects in SPS history involving replacement of the 1,020' long, 4-span I-90 bridge over I-95 and Charles River.
• Jacobs EngineeringcoreStrategic or Co-development PartnerDesign Partner for Newton Weston Bridge Bundle I-90 & I-95 Interchange project with Walsh Group joint venture. Jacobs provides engineering design services for this major $318.8M bridge replacement project.
• HNTBcoreStrategic or Co-development PartnerEngineering partner for I-495 Haverhill Bridge Replacement project. The MassDOT-SPS-HNTB team received multiple awards for this $90M project including CMAA Award 2023 and ACEC-MA Gold Award 2024.
• MassDOTcoreStrategic or Co-development PartnerPrimary government client and strategic partner for infrastructure projects. SPS has completed numerous MassDOT projects including design-build contracts, bridge replacements, and highway construction across Massachusetts.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cianbro Corporation: Maine-headquartered heavy civil and industrial contractor with strong New England bridge, marine, and transportation portfolio. Comparable size and regional footprint to SPS, with similar DOT and public infrastructure client base.
• Middlesex Corporation: Massachusetts-based heavy highway and bridge contractor serving MassDOT and MBTA. Closest like-for-like regional peer to SPS in scope (bridges, highways), customer base, and bidding profile.
• Walsh Group: Large national heavy civil and building contractor with significant New England presence through Walsh Construction. Direct JV partner with SPS on the $318.8M Newton Weston Bridge Bundle, making it the most comparable peer in scope, scale, and project type.
• Flatiron Construction: Heavy civil contractor specializing in bridges, highways, and rail transit across the U.S. Competes for the same MassDOT/NHDOT design-build bridge projects SPS pursues, with similar accelerated bridge construction capabilities.
• Barletta Engineering & Heavy Equipment: Massachusetts-based heavy civil contractor performing bridge, highway, and rail work for MassDOT and MBTA. Directly comparable in size, regional focus, and service mix to SPS.

Regional players

• W.T. Rich Company: New England-based general contractor with municipal and infrastructure work including bridges and roadways. Smaller and more Massachusetts-municipality focused than SPS, but competes on similar project types.
• Consigli Construction Co. New England-headquartered contractor with a growing civil/heavy infrastructure group alongside its core building practice. Overlaps with SPS on selected MassDOT-area infrastructure work and competes for design-build opportunities in the region.

Broad incumbents

• Tutor Perini Corporation: National publicly traded civil construction company with a major bridge, highway, and transit practice (e.g., Tutor Perini/Pacific Bridge joint ventures). Competes for the same mega-bridge and design-build opportunities as SPS, though at substantially larger scale.
• Skanska USA Civil: Civil construction arm of Skanska, with active bridge and highway work across the Northeast U.S. Larger and more diversified than SPS, but overlapping on public infrastructure projects and design-build delivery.

Others

• Jacobs Engineering Group: Global engineering and design partner; works alongside SPS as a design partner on the Newton Weston Bridge Bundle JV. Not a direct contractor peer, but a key ecosystem participant given SPS's design-build delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/SPSNewEngland
• Instagraminstagram.com/spsnewengland
• LinkedInlinkedin.com/company/spsneinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 SPS New England, Inc.