L & L Builders Co. is a general contracting firm located in Sioux City, IA, generating revenue of $35.2 million and adjusted EBITDA of $2.4 million in 2023. It provides a variety of commercial construction services in a four-state area including Iowa, Nebraska, South Dakota, and Minnesota. L & L had six shareholders, three of which were seeking retirement and an exit plan within the next two to five years. The Company was acquired by Story Construction of Ames, IA, a like-minded and employee-owned general contractor. The deal was announced in late November 2024 and closed January 2, 2025.
