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New Deal


Announced

Completed

HIG Capital completed the acquisition of CHA Consulting from First Reserve.

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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United States

Engineering Consulting

Completed

Single Bidder

Acquisition

Domestic

Private

Private Equity

Majority

Friendly

program management firm

Synopsis

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HIG Capital, an investment firm, completed the acquisition of CHA Consulting, a full-service engineering consulting and construction management firm, from First Reserve, a private equity firm. Financial terms were not disclosed. “We are excited to partner with Jim and his exceptional management team. CHA provides critical engineering services through its talented team and is well-positioned for continued growth, capitalizing on accelerating investments in the end markets they serve across the United States and Canada. We look forward to supporting the team’s growth strategy and strategically broadening its operational scope across North America, both organically and through additional add-on acquisitions,” Matt Hankins, H.I.G. Capital Managing Director.

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