Announced
Completed
Financials
Tags
Private
Friendly
engineering
Diversified Engineering Procurement Construction (EPC)
enviromental consulting
Acquisition
construction management
United States
Completed
Private Equity
Single Bidder
Synopsis
The Kleinfelder Group Inc., an engineering, construction management, design and environmental professional services firm with corporate offices in San Diego, CA, subject to shareholder approval, signed a definitive agreement to be acquired by Wind Point Partners, a private equity investment firm, in conjunction with the management of the firm. “This partnership with Wind Point will help remove the final obstacle of an unsustainable capital structure and allow Kleinfelder, and the professional men and women of Kleinfelder, to achieve their full potential. With Wind Point as a partner, we expect to see significant growth and opportunity for all our employees, while continuing to provide superior service to our clients,” said George J. Pierson, who has served as Kleinfelder’s CEO since late 2016.
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