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Announced

Completed

Comvest-backed GAI Consultants completed the acquisition of Eland Engineering.

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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Acquisition

Single Bidder

United States

Private

Completed

engineering consulting

Engineering Consulting

Domestic

Majority

Private Equity

Friendly

Synopsis

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Comvest-backed GAI Consultants, a preeminent planning, engineering, and environmental consulting firm, completed the acquisition of Eland Engineering, a provider of engineering consulting and field maintenance services for intelligent transportation systems and traffic signal systems. Financial terms were not disclosed. “We are excited to welcome Bo and the entire Eland team to GAI. With veteran leadership, a terrific team, and complementary expertise in cutting-edge ITS solutions, Eland is an excellent fit for GAI. As GAI advances our nationwide presence and impact, we will continue to identify and invest in people and capabilities that are difference-makers for our clients,” Gary DeJidas, GAI Chairman and CEO.

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