Alaska Native village corporation (parent holding company)
Ukpeaġvik Iñupiat Corporation (UIC)
- HeadquartersUtqiaġvik, AK S2
- Founded1973 S2
- Websiteuicalaska.com
- Last verifiedNovember 5, 2026
At a glance
| Deal types | Platform, Add-on S3 |
|---|---|
| Sectors | Construction Services, Environmental & Waste, IT Services & MSP, Transportation & Logistics |
What Ukpeaġvik Iñupiat Corporation (UIC) buys
Ukpeaġvik Iñupiat Corporation (UIC) is the Alaska Native village corporation of Utqiaġvik, formed in 1973 and serving more than 4,200 Iñupiat shareholders and descendants. It passed $1 billion of annual revenue in 2025 and has over 70 subsidiaries and more than 4,400 employees. Its chief operating officer leads acquisitions, and it usually buys a majority interest rather than all of a company. Federal contracting sits in UIC Government Services, known as Bowhead, based in Springfield, Virginia. Commercial buying has centered on construction.
Its stated aim is to offer heavy civil construction, marine construction and dredging together, and to keep growing in the Pacific Northwest, where Johansen Construction, Highmark Concrete Contractors, HME Construction and Northbank Civil and Marine sit outside Alaska. It publishes no size range, but its January 2026 release invites owners and contractors to talk. A construction owner in Alaska or the Pacific Northwest is the natural fit. On the federal side, it bought Colorado Springs defense contractor Delta Solutions & Strategies in late 2024, its largest deal to date.
Recent deals
Announced in the 24 months before November 5, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Jan 2026 | Northbank Civil and MarineMajority interest in a Vancouver, Washington marine and civil contractor; it keeps its name and leaders and sits beside HME Construction under UIC | Add-on | Construction Services | Source |
| Dec 2024 | Delta Solutions & StrategiesMajority interest in a Colorado Springs defense support firm, effective November 29, 2024; joined the Bowhead family and was UIC's largest purchase to date | Add-on | Source |
Portfolio by sector
From the firm's portfolio page S1.
Pacific Northwest construction
- Northbank Civil and Marine
- HME Construction
UIC Arctic Operations & Development
- UIC Sand & Gravel
- UIC Municipal Services
- UIC Science
- UIC Arctic Research & Logistics
- UIC Car Rental
- UIC Lands & Real Estate
- UIC Water Plant
- Tundra Timber
UIC Commercial Services: Alaska Civil Construction
- HC Contractors
- HC Redi-Mix
- Qayaq Construction
UIC Commercial Services: Design and Construction
- UIC Construction
- UIC Nappairit
- Iglu Construction
- UMIAQ Design
UIC Commercial Services: Industrial, Marine and Environmental
- UMIAQ Environmental
- Bowhead Transport
- UIC Oil & Gas Support
UIC Government Construction
- Johansen Construction Company
- Highmark Concrete Contractors
- Rockford Corporation
- UIC Sanatu
- Qayaq Government Solutions
UIC Government Services
- Bowhead Family of Companies
- Delta Solutions & Strategies
Greymont’s take
How Ukpeaġvik Iñupiat Corporation (UIC) fits a seller
UIC suits a contractor who wants a large, well-funded partner but would rather stay on and keep the name. In the Northbank and HME deals the company kept its name, and in the Northbank and Delta deals its leaders stayed. UIC took a majority rather than everything, so a seller may hold on to a stake. Its chief operating officer says it can keep the process simple and move quickly, and its releases invite owners to get in touch.
Marine, dredging and heavy civil firms in Alaska and the Pacific Northwest look closest to what it wants. Ask what share it would buy, what rights and exit path any remaining stake carries, and how much work would be shared with sister companies. No size range is published, so ask early whether your company is large enough to interest it.
Questions owners ask
Does UIC buy companies outside Alaska?
Yes. Johansen Construction and Highmark Concrete Contractors work across Washington, HME Construction and Northbank Civil and Marine are based in Vancouver, Washington, and Delta Solutions & Strategies is in Colorado Springs.
How does UIC's commercial buying sit apart from its federal work?
Federal contracting sits in UIC Government Services, the Bowhead family of companies in Springfield, Virginia, which added Delta in 2024. Construction sits in separate groups, and its stated building aim is heavy civil, marine and dredging work.
Does UIC want to hear from business owners?
Yes. Its January 2026 release says it welcomes conversations with owners and contractors about acquisition, partnership or collaboration, and it names chief operating officer Jeevan Pokharel as the person for merger and acquisition opportunities.
Does UIC buy all of a company?
Its announced purchases since 2020 were majority interests: Johansen, HC Contractors, HME, Delta and Northbank. The HME announcement mentions other minority owners working alongside UIC, so a seller may be able to keep a stake.
Sources
- S1UIC Alaska home page and company menu Accessed November 5, 2026
- S2About UIC Accessed November 5, 2026
- S3UIC Acquires Majority Interest in Northbank Civil and Marine, Inc. (January 16, 2026) Accessed November 5, 2026
- S4Delta Solutions & Strategies acquired by UIC as part of the Bowhead Family of Companies (December 2, 2024) Accessed November 5, 2026
- S5UIC Acquires Majority Interest in HME Construction (September 18, 2023) Accessed November 5, 2026
- S6UIC Announces HC Contractors Acquisition (July 26, 2022) Accessed November 5, 2026
- S7UIC: New Acquisition, Johansen Construction Company (April 20, 2020) Accessed November 5, 2026
- S8One Billion Strong: UIC Surpasses $1 Billion in Annual Revenue (May 4, 2026) Accessed November 5, 2026
- S9UIC Commercial Services Accessed November 5, 2026
- S10UIC Arctic Operations & Development Accessed November 5, 2026
- S11UIC Government Construction Accessed November 5, 2026
- S12UIC Office Contacts and Locations Accessed November 5, 2026
- S13Bowhead home page (UIC Government Services) Accessed November 5, 2026
- S14Bowhead: Systems and Information Technology Accessed November 5, 2026
- S15UMIAQ Environmental Accessed November 5, 2026
- S16Bowhead Transport Accessed November 5, 2026
- S17Alaska Civil Construction Accessed November 5, 2026
- S18Iglu Construction brings vertical construction expertise to road-system communities (January 27, 2026) Accessed November 5, 2026
- S19Delta Solutions & Strategies home page Accessed November 5, 2026
- S20UIC News Accessed November 5, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Ukpeaġvik Iñupiat Corporation (UIC). Figures are as reported on the dates shown and may have changed. Request a correction