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Announced

Completed

OceanSound Partners completed the investment in Gannett Fleming.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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infrastructure solutions

Minority

Completed

Construction Services

Private Equity

United States

Domestic

Private

Acquisition

Friendly

engineering solutions

Single Bidder

Synopsis

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OceanSound Partners, a growth-oriented private equity firm, completed the investment in Gannett Fleming, a engineering and infrastructure solutions provider. Financial terms were not disclosed. "The need for sustainable infrastructure optimizing total lifecycle cost of ownership is becoming more urgent as climate change accelerates and decades of underinvestment in critical infrastructure accumulates. Gannett Fleming has differentiated technology-enabled solutions spanning transportation, electrification, and water management that make them well-positioned to capitalize on growth of the infrastructure services market," Joe Benavides, OceanSound Managing Partner.

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