A small business investment firm has acquired a Midwest engineering and construction inspection services company, aiming to create an engineering services platform to drive growth and capitalizing on the increasing demand in the sector.

Target Company Overview

The target of this acquisition is a well-established engineering and construction inspection services company located in the Midwest. With over 30 years of experience in the industry, the firm specializes in civil engineering, environmental engineering, and construction inspection services. It has built a robust clientele, which includes municipalities, state agencies, and private developers, known for its unwavering commitment to reliability and high-quality service, thereby fostering strong customer loyalty.

Post-acquisition, one of the owners will remain with the company for a transitional period of 3 to 5 years to ensure a smooth handover, while the other owner plans to retire. This transition aims to preserve the established culture and operational efficiency of the firm.

Industry Overview

The engineering services sector in the United States, particularly in the Midwest, is witnessing a noteworthy expansion, driven by ongoing infrastructural investments and public-private partnerships. As municipalities and state agencies prioritize u