Announced

ShawKwei & Partners to acquire CR Asia Group for $101m.

Synopsis

ShawKwei & Partners, a private equity firm, agreed to acquire CR Asia Group, an engineering consulting group, for $101m. “The CR Asia Group has a reputation for excellence in energy engineering solutions across Asia and is well positioned for the energy transition to a lower carbon economy. The CR Asia Group is supported by loyal employees, long term customer relationships, and an extensive network of technical partners. We are excited to partner with the entire the CR Asia Group team and invest in organizational, operational, and automation technology initiatives to capitalize on the lower carbon shift," Kyle Shaw, ShawKwei Founder and Managing Partner.

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