Announced
Completed
Synopsis
Alleghany Capital, a private equity firm, completed the acquisition of Linesight, a consultancy firm. Financial terms were not disclosed. "This is a pivotal point in Linesight's long and successful business history that will enable us to deliver on key components of our strategic plan, particularly expanding into new geographies and broadening our portfolio service offering to better meet clients' needs. The combination of IPS's and Linesight's unique capabilities creates one of the fastest growing architectural, engineering, and construction organizations in the industry. Linesight's skilled teams will continue to provide the same high-quality service to our clients globally and we see enhanced career opportunities for our employees in all our regions. We are energized by the potential of this new business partnership and believe it positions us well to deliver on our ambitious growth aspirations in 2022 and beyond," Paul Boylan, Linesight CEO.
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