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EX-21.1 10 exhibit211-q410k2023.htm EX-21.1 INNOVATE Corp - Subsidiaries of INNOVATE (filed herewith).



Exhibit 21.1
SUBSIDIARIES OF THE REGISTRANT(1)

SubsidiaryJurisdiction of Organization
DBM Global Intermediate Holdco Inc.Delaware
INNOVATE 2 CorpDelaware
INNOVATE International Holding Corp.Delaware
TIC Holdco Inc.(2)
Delaware

Subsidiaries of DBM Global Intermediate Holdco Inc., INNOVATE 2 Corp. and INNOVATE International Holding Corp., are listed below. All subsidiaries are wholly-owned by their respective parent, except where otherwise indicated.

SUBSIDIARIES OF DBM GLOBAL INTERMEDIATE HOLDCO INC.

SubsidiaryJurisdiction of Organization
DBM Global Inc. (91.21%)(3)
Delaware
Banker Steel Holdco LLCDelaware
Banker Steel Co., L.L.C.Delaware
Lynchburg Freight & Specialty LLCDelaware
US Erectors LLCDelaware
Innovative Engineering Solutions LLC(4)
Delaware
Memco, LLC(5)
Delaware
NYC Constructors, LLCDelaware
NYCC Construction Services, LLCDelaware
US Construction Services, Inc.Delaware
Innovative Detailing Services, Ltd.Ontario, Canada
NYC Construction Services, Ltd.Ontario, Canada
Derr and Isbell Construction, LLC(6)
Texas
CB-Horn Holdings, Inc.Delaware
GrayWolf Industrial, Inc.(7)
Delaware
M. Industrial Mechanical, Inc.Delaware
Midwest Environmental, Inc.(8)
Kentucky
Milco National Constructors, Inc.(9)
Delaware
GrayWolf Integrated Construction Company(10)
Delaware
Titan Fabricators, Inc.Kentucky
GrayWolf Integrated Construction Company-Southeast, Inc.Georgia
DBM Global-North America Inc.Delaware
Addison Structural Services, Inc.Florida
Quincy Joist CompanyDelaware
Aitken Manufacturing Inc.Delaware
DBM Vircon Services (USA), Inc.(11)
Arizona
Innovative Structural Systems Inc.Delaware
On-Time Steel Management Holding, Inc.Delaware
Schuff Steel Management Company – Southwest, Inc.Delaware
PDC Services (USA) Inc.Delaware
Schuff Steel Company(12)
Delaware
Schuff Steel – Atlantic, LLCFlorida
Exhibit 21.1
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SubsidiaryJurisdiction of Organization
Schuff Steel Company – Panama S. de R.L.Panama
DBM Global Holdings Inc.Delaware
DBM Vircon Services (Canada) LTD (13)
British Columbia, Canada
DBM Vircon Services (India) Pvt LtdIndia
DBM Vircon Services (UK) LtdUnited Kingdom
DBMG International PTE LTDSingapore
DBMG Singapore PTE LTDSingapore
DBM Vircon (Australia) Pty LtdAustralia
DBM Vircon Services (Australia) Pty LtdAustralia
BDS Steel Detailers (Australia) Pty Ltd
Australia
DBM Vircon Services (NZ) LtdNew Zealand
PDC Operations (Australia) Pty LtdAustralia
DBM Vircon Services (Philippines) Inc.Philippines
DBM Vircon Services (Thailand) Co. LTDThailand
Schuff Premier Services LLCDelaware

SUBSIDIARIES OF INNOVATE 2 CORP.

SubsidiaryJurisdiction of Organization
Global Marine Holdings, LLC (72.75%)Delaware
New Saxon 2019 LtdUnited Kingdom
HC2 Broadcasting Holdings Inc.(98%)
Delaware
HC2 Broadcasting Intermediate Holdings Inc.Delaware
HC2 Broadcasting Inc.Delaware
DTV America Corporation (69.22%)(14)
Delaware
HC2 Network Inc.(15)
Delaware
HC2 Station Group, Inc.Delaware
Pansend Life Sciences, LLCDelaware
Genovel Orthopedics, Inc. (80%)Delaware
R2 Technologies, Inc. (56.6%)(16)
Delaware

SUBSIDIARIES OF INNOVATE INTERNATIONAL HOLDING CORP.

SubsidiaryJurisdiction of Organization
ICS Group Holdings Inc.Delaware
PTGi International Carrier Services LtdUnited Kingdom
                    
(1)    Registrant, INNOVATE Corp., also does business as INNOVATE Corp. of the Northeast (NY and NC); INNOVATE Corp. of the Mideast (VA); and INNOVATE Corp. of the Southeast (FL).
(2)    TIC Holdco Inc. also does business as The Innovate (FL).
(3)    Registrant holds a total of 91.21% as follows: 89.83% through DBM Global Intermediate Holdco Inc. and 1.38% through INNOVATE Corp.
(4)    Innovative Engineering Solutions LLC also does business as Innovative Engineers, LLC (FL) and Innovative Steel Solutions, LLC (New York).
(5)    Memco LLC also does business as Memco Erectors LLC (CT and FL).
(6)    Derr and Isbell Construction, LLC also does business as Derr & Isbell Construction, LLC (FL).
Exhibit 21.1
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(7)    GrayWolf Industrial, Inc. also does business as Graywolf (KY).
(8)    Midwest Environmental, Inc. also does business as Midwest Environmental Inc. (GA) and Midwest Environmental, Inc., A Graywolf Company (Midwest Environmental, Inc.) (OH).
(9)    Milco National Constructors, Inc. also does business as Milco National Constructors Corporation (NJ).
(10)    GrayWolf Integrated Construction Company also does business as GrayWolf Integrated Construction Company, Inc. (AL, AK, MN, MT and NY)
(11)    DBM Vircon Services (USA), Inc. also does business as BDS Vircon (WV)
(12)    Schuff Steel Company also does business as Schuff Steel Company Inc. (AL and NY)
(13)    DBM Vircon Services (Canada) Ltd also does business as name Candraft VSI (BC)
(14)    Registrant holds a total of 66.43%, as follows: 42.35% (representing 98% of 43.22% direct interests) through HC2 Broadcasting Inc., 5.28% (representing 98% of 5.38% direct interests) through HC2 Broadcasting Holdings, Inc. and 17.83% through INNOVATE 2 Corp. In addition, HC2 holds an additional 2.79% voting interest through proxies from minority shareholders, for a total controlling interest of 69.22%.
(15)    Also does business under several fictitious names in various states, as follows: HC2 Network Inc. – KEJR (AZ) and HC2 Network - KDKJ (TX)
(16)    R2 Technologies, Inc. also does business as R2 Medical Technologies, Inc. (CA, OK, PA, TN, TX) and R2 Technologies, Inc. (DE) (GA and LA)
Exhibit 21.1
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