New Mountain Capital to acquire a minority stake in Consor Holdings.

New Mountain Capital, a private equity firm, agreed to acquire a minority stake in Consor Holdings, a provider of transportation and water infrastructure engineering and consulting services. Financial terms were not disclosed. “New Mountain is our ideal partner. They believe in our long-term vision and bring extensive industry experience that will help us expand our potential. We’re excited about the many ways New Mountain will help support our growth through strategic planning, technology enablement and operational efficiency. This partnership will cultivate more career opportunities for our team members and make an even greater impact on the communities we serve," Chris Rayasam, Consor CEO.