Bastion Infrastructure Group Launches Platform to Grow Great Lakes Region Businesses
News related to:Bastion Infrastructure Group · 1 min read
Bastion Infrastructure Group, a full-service underground utility contractor, has launched a new platform aimed at growing essential infrastructure businesses across the Great Lakes region. The company, formerly DiPonio Holdings, has rebranded to reflect its expanded mission and strategic positioning.
Bastion's journey began in 2022 when Evolution Strategy Partners partnered with DiPonio Contracting, a Michigan-based firm with over three decades of experience serving municipal, county, and state agencies. DiPonio Contracting, known for its expertise in water main, sanitary and storm sewer, lead service replacement, box culvert, and road base work, has now expanded its reach through the acquisition of Lodestar Construction, a second-generation Grand Rapids contractor with wet and dry utility capabilities, including electrical conduit, sewer and water main construction, and road building.
Guided by three principles, Preserve, Coordinate, and Advance, Bastion is positioned to expand its footprint and capabilities by acquiring additional infrastructure businesses across the Great Lakes region. The company's strategic approach is underpinned by its parent company, Evolution Strategy Partners, which has a track record of investing over $200 million in the last five years in a select few platform opportunities.
In conjunction with the launch of its new name, operating platform, and strategic positioning, Bastion also announced two leadership promotions. Chris Maltese, President of DiPonio Contracting, has been named Chief Executive Officer of Bastion Infrastructure Group, and Kevin Koss, Vice President of Finance of DiPonio Contracting, has been named Chief Financial Officer.
Bastion Infrastructure Group, LLC, headquartered in Shelby Township, Michigan, is the parent company of DiPonio Contracting and Lodestar Construction, established, founder-built underground utility and heavy civil contractors serving municipal, county, state, and utility customers across the Great Lakes region. The company provides its family of businesses with operational guidance, coordination, and institutional knowledge, along with the capital strength, bonding capacity, and long-term perspective that help them protect what they have built and advance what comes next.