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New Deal


Announced

Completed

Blue Wolf Capital completed the acquisition of Kirlin Design Build.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

Single Bidder

Construction Services

Friendly

United States

construction

Private

Completed

private sector projects

Private Equity

Synopsis

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Blue Wolf Capital, a New York-based private equity firm, completed the acquisition of Kirlin Design Build, one of the country’s leading engineering and construction companies. Financial terms were not disclosed. This acquisition enables KDB, which focuses on large, complex federal and private sector projects, to execute on its ambitious strategic plans with a debt-free balance sheet and strong financial backing. Moving forward, KDB will no longer be affiliated with Kirlin Builders, Kirlin Carolinas, Kirlin Mid-Atlantic or National Fire Protection. "KDB’s successful sale to Blue Wolf is a testament to our vision and the dedication of our exceptional employees. I look forward to working with Mike and our partners at Blue Wolf during this next period of our history, as we provide our customers with the stellar service they have come to know. Our objective will always remain the same: to be the best engineering and construction company in the nation,” John Boncher, Kirlin Design Build Executive Chairman.

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