June 4, 2026 at 5:52 pm
Jacksonville-based Norlee Group targets 4 to 6 acquisitions per year as it expands across Southeast
Article written and posted By Leah Foreman – Reporter, Jacksonville Business Journal
Norlee Group CEO Wally Budgell is building the Jacksonville-based company with a specific kind of acquisition target in mind.
Not distressed companies. Not fixer-uppers. Not businesses that need to be rebuilt from the ground up.
The companies Norlee wants are the ones that already work.
Since 2021, Norlee has used acquisitions to grow from a collection of specialty contracting businesses into a unified construction services platform with more than 700 employees and operations across Florida and into Georgia. The next step is to use that same playbook to push deeper across the Southeast.
“We want to be capable of completing any project that a client wants us to complete anywhere in the Southeast,” Budgell told the Business Journal.
Read the full article here: https://bizj.us/1qq3wn