Southland Holdings, Inc. (SLND) company profile
Close on Nov 13, 2026Market cap $51.17MP/E –Yield –
About Southland
Heavy Construction Other Than Bldg Const - Contractors, SIC 1600
Southland Holdings, Inc. provides specialty infrastructure construction services. The company operates through two main segments: Civil and Transportation. Its Civil segment designs and constructs water pipelines, pump and lift stations, water and wastewater treatment facilities, and tunnels. Its Transportation segment builds bridges, roadways, marine facilities, dredging projects, ship terminals, and specialty structures. Southland serves both public and private entities. Public clients include federal agencies, state transportation departments, regional transit authorities, municipal public works agencies, and utilities. Private customers primarily consist of owners of industrial, commercial, and residential properties.
The company is headquartered in Grapevine, Texas. Southland operates across North America through a regional network of offices and six primary subsidiaries. The majority of its customers are located in the United States, with additional major project activity in Canada and the Bahamas. Southland employs approximately 1,800 workers, consisting of roughly 500 salaried and 1,300 hourly personnel.
Summary of the business section of Southland's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Southland Holdings, Inc.
- Founded
- 1900
- Headquarters
- Grapevine, TX
- Address
- 1100 Kubota Drive 76051
- Phone
- (817) 293-4263
- Website
- southlandholdings.com
- Employees
- 1,800, Dec 31, 2025
- Industry
- Heavy Construction Other Than Bldg Const - Contractors
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- GRANT THORNTON LLP, Dallas, Texas
Stock & identifiers
- Ticker
- SLND
- Other tickers
- SLND.WT
- Former tickers
- LGTO until Feb 14, 2023
- Exchange
- NYSE
- IPO date
- Nov 23, 2021
- Shares outstanding
- 54M, Aug 4, 2026
- Public float
- $60.06M, Jun 30, 2025
- Filer category
- <br>Emerging growth company
- SEC CIK
- 1883814
- CUSIP
- 84445C100
- ISIN
- US84445C1009
- FIGI
- BBG013HD7WF1
- Share class FIGI
- BBG013HD7XD1
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Frankie S. Renda | PRESIDENT AND CEO, Director | 27,978,737 |
| Rudolph V. Renda | CO-COO AND EVP, Director | 9,269,825 |
| Walter Timothy Winn | CO-COO AND EVP, Director | 3,668,815 |
| Keith Bassano | CFO AND TREASURER | 54,281 |
| Cody Gallarda | CFO, EVP AND TREASURER | 112,334 |
| Gregory R. Monahan | Director | 664,761 |
| Mario Enrique Ramirez | Director | 51,687 |
| Nathaniel Willis Parker IV | Director | 22,957 |
| Izilda P. Martins | Director | 50,087 |
Executive compensation, fiscal 2025
Summary compensation table from the latest proxy statement
| Executive | Salary | Bonus | Stock awards | Other | Total | vs. prior year |
|---|---|---|---|---|---|---|
| Frank S. Renda President and Chief Executive Officer | $750.00K | – | $650.00K | $283.43K | $1.68M | -35% |
| Tim Winn Co-Chief Operating Officer Executive Vice President | $500.00K | – | $300.00K | $303.91K | $1.10M | -20% |
| Rudy V. Renda Co-Chief Operating Officer and Executive Vice President | $500.00K | – | $300.00K | $256.14K | $1.06M | -15% |
| Keith Bassano Chief Financial Officer and Treasurer | $325.60K | $175.00K | $355.00K | $65.15K | $920.75K | – |
| Cody Gallarda Chief Financial Officer, Executive Vice President and Treasurer | $152.02K | – | – | $60.96K | $212.98K | -81% |
Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.
IPO
From the final prospectus (Form 424B4) and the first day of trading
SPAC offering
- Type
- SPAC (blank check) IPO of units
- Final prospectus filed
- Nov 23, 2021
- Offer price
- $10.00
- Securities offered
- 24,000,000
- Gross proceeds
- $240.00M
- Exchange
- Nasdaq
- Lock-up ends (est.)
- May 22, 2022
“Per Unit Total Public offering price $ 10.00 $ 240,000,000 Underwriting discounts and commissions (1) $ 0.55 $ 13,20 0,000 Proceeds, before expenses, to us $ 9.45 $ 226,800 ,000 ____________ (1) Includes $0.35 per unit, or $ 8,400,000 in the aggregate payable to EarlyBirdCapital for deferred underwriting commissio”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Employees
Headcount reported in annual reports
“Our workforce was made up of approximately 1,800 employees as of December 31, 2025, of which approximately 500 were salaried and approximately 1,300 were hourly.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 25, 2026 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Mar 22, 2023 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 1, 2023 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 23, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 17, 2023 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Feb 15, 2023 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 14, 2023 | Name change | Name changed from LEGATO MERGER CORP. II to Southland Holdings, Inc. |
| Feb 14, 2023 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Sep 13, 2022 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 23, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Nov 19, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |
See a number that looks wrong?