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68 Ventures Announces Strategic Merger Between Crucible Constructionvand MH Vertical

DAPHNE, AL - [November 3, 2025] - 68 Ventures announced today a strategic merger of MH Vertical (MHV) into Crucible Construction, a highly regarded commercial construction firm known for disciplined execution, transparent communication, and bringing a developer's mindset to the construction process. This expansion furthers Crucible's capabilities to be the builder of choice for all investment types.

Under the tenured leadership of George Yates (President), Crucible will continue MHV's trajectory towards becoming the preeminent contractor for build-to-rent, multifamily, and vacation rental properties across the Gulf Coast.

"George's experience in construction is unmatched. Crucible's reputation for diligence, follow-through, and doing what it says are a direct reflection of who George is as a leader and a person. His consistency and commitment to doing everything exceptionally well, coupled with the aptitude and character of his team, completely align with 68 Ventures' mission, purpose, and ethos. He understands construction isn't only erecting sticks and bricks, but it is also doing it in a way that all involved can win together. The MH Vertical team has earned its stripes these past few years by building well over a hundred million dollars' worth of residential investment assets, so adding the well-versed talents of the Crucible lineup will only augment our proficiency. This union solidifies Crucible Construction as a first-class Gulf Coast based builder for every kind of investment that establishes enduring value," said Nathan Cox, Founder & Chairman of 68 Ventures, parent company to Crucible.

MH Vertical's existing pipeline and team will proceed under the Crucible brand, as this joining of forces fully enables Crucible to serve developers, investors, and capital partners across all asset classes - commercial, institutional, industrial, build-to-rent, multifamily, and vacation rentals.

"Our foundation is simple: do the right things the right way, communicate clearly, and build in a way that delivers every time- structurally, reputationally, and financially," said George Yates, President of Crucible Construction. "This merger expands the impact we can make for customers who are trusting us with their vision, capital, timelines, and most importantly, their reputation."

This tactical move places even more significance on Crucible's role within the 68 Ventures ecosystem as a key driver of long-term value creation for both 68V development projects and the overall enterprise.

About 68 Ventures

68 Ventures is the parent company for numerous operating businesses along the Gulf Coast which focus on development, investment and construction. Headquartered in Daphne, Alabama, 68 Ventures is a purpose-driven,

culturally focused organization with a strong operational track record that has resulted in it becoming the largest single-family developer in the region. 68 Ventures has deployed over a billion dollars in capital and reached the ranks as one of the top 100 private home builders. For more information, visit 68ventures.com.

About Crucible Construction

Crucible Construction is a Gulf Coast–based commercial, institutional, industrial, build-to-rent, and multifamily construction firm headquartered in Spanish Fort, Alabama. The company delivers projects through design-build, construction management, and general contracting with a reputation for clear communication, disciplined execution, and stewardship of capital. Crucible serves owners and partners across the region with a commitment to building investments. Crucible Construction is a proud operating company of 68 Ventures. For more information, visit CrucibleConstruction.com.

 
 

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