Announced
Financials
Sources
Tags
Specialty Contracting
Pending
Private Equity
Private
Friendly
United States
Single Bidder
Acquisition
interior systems
Majority
Cross Border
Synopsis
Ardian to acquire a majority stake in Acousti Engineering Company of Florida, a speciality contractor of complex interior systems for commercial and institutional buildings. Financial terms were not disclosed. “Acousti is a market-leading interior finishing specialty subcontractor, ideally positioned to grow both within its existing geographic markets and to expand to new locations. Acousti’s highly capable leadership, blue-chip customer base, and broad capabilities give us great confidence in the company’s potential. We foresee significant further expansion opportunities for the company ahead,” Kevin Kruse, Ardian Managing Director of North America Direct Buyouts.
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