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New Deal


Announced

Completed

Sterling-backed Anser Advisory completed the merger with LaFata Contract Services.

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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engineering and construction

United States

Acquisition

Majority

Single Bidder

Domestic

project management

Completed

Private Equity

Private

Construction Services

Friendly

Synopsis

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Sterling-backed Anser Advisory, a provider of capital program advisory and consulting services, completed the merger with LaFata Contract Services, a provider of project management, engineering and construction management services. IMB Partners exited its investment in LCS. Financial terms were not disclosed. "Our company is poised for significant growth, and we are grateful to be a part of Anser Advisory, one of the largest Program Management Firms, a company that aligns with our vision and values. This merger positions us to achieve our goals to create growth opportunities for our employees, expand service offerings to our customers, and become a national utility service organization," Michael LaFata, LCS Founder and President.

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