BDT Capital Partners to acquire a majority stake in Palm Beach Capital-backed UES.

BDT Capital Partners, a private equity firm, agreed to acquire a majority stake in Palm Beach Capital-backed Universal Engineering Sciences, a provider of multitude of superior geotechnical services. Financial terms were not disclosed. "UES is an industry leading geotechnical engineering, construction materials testing and environmental consulting services firm with a growing national footprint, and we are looking forward to partnering with Michael Burke and UES's highly experienced management team comprised of the founders of businesses UES has acquired to date. BDT's commitment to a long-term partnership with UES and Palm Beach Capital is consistent with our merchant banking model of providing patient capital to founder and family-led businesses, similar to the companies that have formed the foundation of the UES platform," Ben Sher, BDT Capital Partner.