Building companies for
infrastructure’s future.
Our Approach
Lexxel is assembling a portfolio of leading companies in materials, manufacturing, specialty construction, engineering, and design to respond to the coming wave of infrastructure overhaul in the US and beyond.
Today’s aging public and private infrastructure is poorly positioned to meet tomorrow’s challenges of continuity and sustainability. Governments and industry are recognizing the need for infrastructure renewal.
Lexxel provides its operating companies with capital, resources, and professional management expertise so that they are positioned to win in the global industrial future.
“The road we take in the next decade toward rebuilding our aging infrastructure will in large part determine our future national prosperity.”
— Henry Petroski
Lexxel is a holding company of infrastructure solution providers serving public and private clients.
Mission
To assemble world-class companies working as a complementary team, toward one common goal of securing and creating the next level of infrastructure solutions.
Structure
We acquire world-class infrastructure companies that share our values and provide them with capital, resources, and expertise to grow and collaborate.
Team
Our executive team has led and managed complex infrastructure projects and M&A opportunities for three decades.
Our Cause
Lexxel is dedicated to giving back to the community. Our foundation, Endless Highway, is a 501(c)(3) not-for-profit organization geared toward helping children and young adults with physical disabilities participate in adaptive sports, recreation, and the arts. To learn more, head over to the Endless Highway, Inc. website.
Our Team
Peter J. Tortorella
Chairman
Peter has 32 years experience in the industrial supply and service marketplace. Over his career he has managed the successful rollup of fluid handling distribution & service companies which exited to Private Equity on two occasions. Peter specializes in M&A and strategic integration. He holds a degree in Political Science from Rutgers University.
Michael A. Codi
President
Mike has over 30 years experience in construction design and engineering. His background in composites, electrical and mechanical systems are the driving force behind Lexxel’s technical and integrated solutions. Mike holds a degree in Mechanical Engineering from Clarkson University.
Charles L. Caranci, Jr.
CEO
Chuck has in excess of 35 years experience in various management & executive-level positions for major contracting entities, including Fluor Corporation & LeChase Construction. With an accounting degree from Bryant University, Chuck leveraged his certification in public accounting to develop expertise in increasingly complex financial and operational roles.
Robert L. Bencini
VP – General Counsel
Rob enjoyed a 30-year legal career as a partner in the firm Duke Holtzman where he established a robust practice in assisting clients with the buying and selling of businesses. Rob is responsible for managing Lexxel’s acquisition strategies and key relationship development.
Daniel A. Yancone
VP – CFO
Dan started his career at KPMG in audit after graduating from St. John Fisher University and obtaining his CPA. After transitioning to The Bonadio Group, Dan began working in the Advisory practice where he gained extensive experience in M&A transaction advisory services, assisting companies with complex financial and operational analysis and navigating new accounting pronouncements.