Press Release

Wall Works Holdings Appoints Shannon McElveen as CFO

BOSTON & KANSAS CITY, Missouri–(BUSINESS WIRE)–Wall Works Holdings (“Wall Works”), a portfolio company of AVALT and VantEdge, is pleased to announce the appointment of Shannon McElveen as Chief Financial Officer. Shannon joins Wall Works from AIA Contract Documents (“ACD”), where she spent five years in a variety of leadership roles, most recently as Chief Operating Officer, where she managed ACD’s carve-out of the non-profit AIA into a privately held for profit company.


Prior to her tenure at ACD, Shannon spent more than 20 years in senior construction finance roles, including as CFO at JR Hobbs Co and Controller for Danko Concrete Construction. She is a graduate of Clemson University with a bachelor’s degree in accounting.

Darren Gould, CEO of Wall Works said, “I am thrilled to welcome Shannon to Wall Works Holdings. With more than 20 years of experience across all finance roles—from AR/AP to CFO—her expertise will be invaluable as we expand our industry-leading interior finishes business. Shannon’s proven leadership and deep industry knowledge will be key drivers of our continued growth.”

Tyler Biddix, Partner and Co-Head of Commercial & Industrial Services at AVALT added, “We’re very excited to welcome Shannon to the Wall Works Holdings team. She’s an experienced and proven business builder in the construction industry, and she’s the right leader for this critical function as we progress on our journey to build a best-in-class platform.”

“Shannon’s extensive construction experience and her passion for fostering a strong, positive team culture will be instrumental as Wall Works Holdings continues to grow into a nationally leading platform,” said Jay Matlack, Managing Director at VantEdge.

“I am honored to join Wall Works Holdings at such an exciting time in its growth,” said Ms. McElveen. “I am passionate about building financial and operational systems that empower the construction team, improve transparency, and turn data into strategic advantage. Wall Works has a strong foundation through Optimum and Suburban and an inspiring vision for the future. Together with our sponsors, I am thrilled to help lead this organization through this next phase of expansion while creating a place that our team will be exceptionally proud.”

About Wall Works Holdings

Wall Works Holdings is a platform company that partners with and builds best-in-class finishing contractors serving general contractors and homebuilders across the United States. Services include drywall, insulation, metal framing, acoustic ceiling tile, exterior cladding, and custom finishes. Wall Works companies preserve their brands, relationships, and significant operating autonomy while simultaneously benefitting from growth capital, strategic support, and shared resources that come from a national platform. For additional information, visit www.wallworksholdings.com.

About Optimum

Optimum Building Systems is a leading provider of drywall, acoustic ceiling tile, waterproofing, and exterior cladding services to the commercial, healthcare, and education end markets in New England. The Company has a 30+ year history and a strong track record of market leadership, serving the leading general contractors across the region. Wall Works acquired Optimum in May 2025. For additional information, visit www.obsnh.com.

About Suburban

Founded in 1978 and headquartered in Waukesha, WI, Suburban is a market-leading provider of construction services including drywall, insulation, steel framing, and custom finish installation services across southern Wisconsin. The Company operates branches in Waukesha, WI and Lake Mills, WI, and it has a decades-long track record of delivering high-quality interior construction services to many of the top multi-family and commercial general contractors and single-family homebuilders across the state. Wall Works acquired Suburban in July 2024. For additional information, visit www.suburbandrywall.com.

About AVALT

AVALT is a private equity focused family office that invests only its own principals’ capital in high-quality companies that have significant long-term potential. Typical platform investments are backed with $25-100M of equity capital. AVALT builds collaborative partnerships with management teams in order to lend their decades of private equity and industry experience to driving growth and positive change in their businesses. AVALT’s permanent and flexible capital then supports those companies as they achieve their full potential, without regard to any fund structure or fixed time horizon. For additional information, visit www.avalt.com.

About VantEdge

VantEdge is a Kansas City-based family office investment firm that invests primarily in residential and commercial services, construction services, distribution, manufacturing, and multi-site consumer concepts. Target equity investments range from $20 to $75 million. VantEdge is committed to a partner-first mentality, collaborating and supporting management teams to create value together. For additional information, visit www.vantedge.partners.

Contacts

Tyler Biddix

[email protected]

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