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Announced

Completed

GI Partners completed the acquisition of Atlas Technical Consultants from Bernhard Capital Partners for $1.05bn.

Financials

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Transaction Value£848m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium124%
One Off Charge-

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Public

Acquisition

Domestic

Majority

Single Bidder

mission critical services

Construction Services

United States

Friendly

Private Equity

Completed

Synopsis

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GI Partners, a private investment firm, completed the acquisition of Atlas Technical Consultants, a provider of infrastructure and environmental solutions, from Bernhard Capital Partners, an infrastructure and services-focused private equity management firm, for $1.05bn. "Using our top-down, thematic Blueprint approach, we identified the growing need for inspection and materials testing services across commercial, state, and local levels. BCP partnered with an exceptional management team to build a market-leading business to meet that specialized demand and achieve an enhanced exit valuation. Since 2017, we worked with the management team to thoughtfully expand the business organically and through strategic acquisitions, and we are confident Atlas will only continue to grow and succeed with this new partnership," Jeff Jenkins, Bernhard Capital Founder and Partner.

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