T5 Construction Rebrands as EverOn After Growing to $1.7B in Revenue
Atlanta-based data center general contractor T5 Construction split from parent company T5 Data Centers on Sept. 1 and rebranded as independent firm EverOn Data Center Services, ENR reports, after annual revenue jumped from $87 million to $1.7 billion in four years.
Market Impact
The contractor said 83% of its 2025 revenue came from third-party construction work, a shift it cited as the reason for going independent. That growth landed T5 Construction on ENR’s Top 400 Contractors list for the first time this year at No. 80, with $1.67 billion in 2025 construction revenue, all categorized under telecommunications.
“Our construction business has grown significantly beyond its original mandate,” Pete Marin, chairman and CEO of T5 Data Centers, said in a statement, adding that the new structure gives the contractor “the independence and focus to continue scaling.” The move follows a January restructuring that split T5 Data Centers into T5 Properties and T5 Services. Tom Mertz, formerly president and COO of T5 Services, now leads EverOn as president and CEO. “While our name is changing, what customers rely on is not,” Mertz said, noting the company will focus on increasingly complex digital infrastructure work.
EverOn reports a portfolio of more than 260 completed projects totaling over 12 million square feet of U.S. data center space, including ground-up campuses, data hall fit-outs, retrofits, and projects involving direct liquid cooling and high-density AI infrastructure. The company says its new independent structure gives it room to expand geographically and pursue acquisitions and partnerships. Separately, data center services firm Salute has agreed to acquire T5 Operations, with EverOn and Salute planning to continue as strategic partners on overlapping projects. Financial terms of that deal were not disclosed.
What It Means for Subcontractors
- EverOn’s stated plans to expand geographically and pursue acquisitions and partnerships create potential openings for specialty data-center trades, including electrical, mechanical, and direct liquid cooling installers, as the company scales beyond its current 260-project, 12-million-square-foot footprint.
- Firms with experience in high-density AI infrastructure and liquid cooling retrofits should note EverOn’s explicit focus on “increasingly complex digital infrastructure,” a signal that specialized mechanical and cooling subcontractors may see more bid opportunities as the company pursues new work independently of its former parent.
- The Salute acquisition of T5 Operations, with EverOn continuing as a strategic partner on overlapping projects, suggests subcontractors working data center lifecycle services (commissioning, maintenance, operations support) should track how the two companies coordinate on shared job sites going forward.
- Existing subcontractors on current T5/EverOn projects can expect contracts and customer relationships to remain unchanged per the company’s statement, but new prospects should confirm procurement contacts under the EverOn name, since leadership (CEO Tom Mertz) and corporate structure have changed as of Sept. 1.
