Hensel Phelps Unveils Next Phase of Employee Investment with Strategic Acquisition

GREELEY, Colo., Oct. 13, 2025 /PRNewswire/ -- Hensel Phelps, one of the nation's leading construction, real estate development and facilities services firms, announces the acquisition of Transcend, a leadership and organizational development firm specializing in leadership coaching, strategic planning and organizational design. This strategic acquisition underscores Hensel Phelps' commitment to investing in its people. By expanding leadership development and coaching into CareerTREK, the company's leadership, training and growth platform, Hensel Phelps is strengthening career pathways for employees at all levels throughout the business.

"This acquisition is a unique opportunity to empower our entire organization while undergoing transformational growth," said Mike Choutka, Chairman and CEO of Hensel Phelps. "By integrating Transcend's proven leadership platform and expert team, we're amplifying every aspect of the employee experience and supercharging our strategic vision."

Since 2022, Transcend has been a trusted partner in Hensel Phelps' evolution, supporting the company with proven leadership programs and organizational strategies. Bringing Transcend in-house expands access to learning experiences, team coaching and advanced leadership capabilities–enhancing how Hensel Phelps develops talent and prepares its workforce for the future.

Strategic Leadership Expansion

As part of the acquisition, Craig Wiley, founder and CEO of Transcend, joins Hensel Phelps as Chief Strategy Officer. With decades of experience guiding organizations through transformational growth, Wiley will collaborate with senior leadership to shape enterprise-wide initiatives and drive the company's long-term strategic vision.

About Hensel Phelps

Founded in 1937, Hensel Phelps specializes in real estate development, construction and facility services. As one of the largest employee-owned general contractors in the United States, Hensel Phelps is driven to deliver EXCELLENCE in all we do. This vision plus our core values of Ownership, Integrity, Builder, Diversity and Community define our culture and guide us as we bring our clients' projects to life. Our comprehensive approach begins with innovative planning and extends throughout the entire life of the property. For more information on the Hensel Phelps Way, please visit www.henselphelps.com.  

For more details, please contact: 
Dayna Faulkner
[email protected]

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SOURCE Hensel Phelps