Southland Holdings
Builds critical infrastructure via self-performed contracting
MOT Supervisor
About the job
- FDOT MOT Supervisor Certification.
- Compliance with all safety regulations.
- Knowledge of federal motor carrier safety regulations.
- Ability to work in all weather conditions, including extreme heat and cold.
- Availability to work overtime.
- Successful completion of a post-offer pre-employment drug screen and background check.
- Ability to use hands to finger, handle, or feel; reach with hands and arms; and talk or hear.
- Ability to sit, stand, and walk as required.
- Maintain safety compliance with company, state, and client standards.
- Coordinate the distribution and placement of traffic control signs and markers according to designated plans.
- Supervise the setup, maintenance, and teardown of work zones to meet or exceed customer expectations.
- Lift, carry, and place traffic cones and assemble traffic control signs as needed.
- Train and mentor flaggers on proper techniques for directing traffic through work zones.
- Ensure trucks and equipment are organized and maintained for operational readiness.
- Direct traffic movement through work sites using signals and signage effectively.
- Oversee day-to-day operations and manage a team of MOT laborers.
About the company
Southland Holdings coordinates seven subsidiaries to design, build, and manage large infrastructure projects worldwide. They self-perform most work in-house, using capabilities from design to project management to complete complex projects across the U.S. and in over 60 countries. They stand out through a long-established, multi-subsidiary structure with extensive in-house expertise, a 100% project completion rate, and a focus on challenging environments. Their goal is to deliver high-quality infrastructure that improves environments and people’s lives, upholding reliability and end-to-end execution.
Company Size
201-500
Company Stage
IPO
Headquarters
Grapevine, Texas
Founded
1900
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Simplify's Take
What believers are saying
- August 2026 surety agreements provide $209.8 million financing and roughly $27 million annual cash relief.
- The term loan reset to 4% PIK interest, suspended amortization, and removed covenants through 2028.
- Management expects 38% of backlog to convert to revenue over the next twelve months.
What critics are saying
- June 2026 equity deficit hit $248.2 million, signaling existential balance-sheet stress.
- WSCC disputes still consumed $34 million judgment exposure and $5 million settlement cash by September 2026.
- Repayment to sureties defers until March 2027, masking liquidity strain rather than eliminating it.
What makes Southland Holdings unique
- Southland specializes in tunnels, bridges, water infrastructure, and complex bonded civil projects.
- Its $1.68 billion June 2026 backlog still spans higher-complexity infrastructure across North America.
- Surety providers now finance bonded work, giving Southland unusual access to project completion capital.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Paid Vacation
Paid Holidays
Company News
Southland Holdings reported a $102 million revenue reversal in Q2 2026 following a reassessment of claim recoverability on legacy projects. The company finalised a financial assistance agreement with sureties and amended its term loan to complete bonded work. The infrastructure contractor will issue approximately $151 million in perpetual, nonconvertible preferred shares to sureties by 30 September 2026. Its senior credit facility was restructured to a fixed 4% interest rate with capitalised payment-in-kind interest until maturity in 2028. Southland's backlog stands at $1.68 billion, with legacy material and paving work now representing only 3%. The company expects to recognise approximately 38% of its backlog as revenue over the next 12 months. The restructuring provides approximately $27 million in cash debt service relief over the coming year through suspended principal payments.
Southland Holdings has secured approximately $209.8 million in surety-backed financing for its bonded construction projects as of 30 June 2026. The financing is split into $58.97 million of Bonding Surety Financing at 4% interest and $150.86 million of Non-Bonding Financing, part of which will be converted into senior non-voting preferred shares by 30 September 2026. The remaining Non-Bonding Financing will be structured as interest-free unsecured debt with cash sweep features and may be partially forgiven if project losses remain within set thresholds. Southland also amended its term loan credit agreement, reducing the interest rate to 4% paid-in-kind, suspending quarterly amortisation and certain financial covenants. The measures aim to ease near-term liquidity pressure for the Grapevine, Texas-based infrastructure construction company.
Southland Holdings, Inc. reported first-quarter revenue of $172.4 million on 12 May, slightly exceeding analyst estimates of $172.22 million. The Texas-based infrastructure construction company, which specialises in tunnels, bridges and water-resource infrastructure, highlighted progress on its strategic plan with its Civil segment achieving a 14% gross margin. However, on 31 March, Craig-Hallum analyst Christian Schwab lowered his price target on Southland from $8 to $3 whilst maintaining a Buy rating. The adjustment followed weaker fourth-quarter results impacted by a legal ruling related to the Washington State Convention Center project and reduced visibility into 2026 performance. The company has a short percentage of shares outstanding of 1.24%.
Southland Holdings Inc., a Grapevine, Texas-based infrastructure construction company, reported a fourth-quarter loss of $216.4 million, or $4 per share. The company posted revenue of $104 million for the quarter. For the full year, Southland reported a loss of $306.5 million, or $5.67 per share, with total revenue of $772.2 million.
Southland Holdings has received approximately $15 million from Zurich Insurance Company under a general indemnity agreement to fund bonded construction contract obligations. The company must now reimburse the surety provider for the advanced funds. Southland is working with its term loan agent, Callodine Commercial Finance, and other lenders to assess how the surety funding affects its existing credit agreement. The company is also negotiating with sureties and lenders for additional funding and a longer-term financing solution, though there is no guarantee such arrangements will be secured. The construction company operates in an industry where surety performance and payment bonds are typically required to guarantee project completion and payment to subcontractors and suppliers.