Le Lézard
Classified in: Environment
Subjects: Contract/Agreement, Product/Service, Stock Sale/Buyback

Round Table Capital Partners Sells Ardurra Group, Inc.

Round Table Capital Partners ("RTC"), a private equity fund specializing in middle market growth platforms, today announced that it sold a significant majority of outstanding shares of its portfolio company Ardurra Group, Inc. ("Ardurra" or the "Company"), to an affiliate of Littlejohn & Co., LLC. Terms of the transaction were not disclosed.

Led by industry veteran Ernesto Aguilar as CEO and an all-star team of executives and entrepreneurs, Ardurra is among the fastest growing players in the Architecture, Engineering and Consulting services industry. With significant exposure to high growth states and attractive end-markets, Ardurra has successfully expanded scale and scope of services across water/wastewater, transportation and aviation end-markets with 70+ offices in the United States since the inception.

"RTC is incredibly proud of and grateful to the current CEO Ernesto Aguilar and the entire Ardurra team for the outstanding work they have done in building this platform. In addition to executing on an aggressive growth plan, both organic and acquisitive, this team has also managed to build a best-in-class corporate infrastructure and instill a highly-engaged, high-performance culture that is truly differentiated," commented Christopher Lee, Co-Founder and Co-Managing Partner at RTC.

Tony Brindisi, RTC's other Co-Founder and Co-Managing Partner, added, "Our goal in building the Ardurra organization was always to build a market-leading growth platform and to ultimately find a strong partner that was well-positioned to support the organization in achieving its next phase of expansion. We are excited to pass the torch to Littlejohn and look forward to following their success."

"RTC has been an outstanding partner for our organization. They have supported our vision of growing a national professional services firm by committing to our values of being Employee-Centric, Client Focused and Results Driven. RTC's financial and strategic support has allowed us to establish a strong foundation for continued industry leading growth, and our entire organization is appreciative of their unwavering trust and support over the last five years," Ernesto added.

Evercore acted as exclusive financial advisor and Greenberg Traurig, LLP acted as legal advisor to Ardurra and RTC.

About Ardurra Group, Inc.:

Headquartered in Miami, FL, Ardurra provides highly technical engineering and design services across the United States for water, transportation and aviation end markets. Ardurra's innovative, technically driven services enable local communities to provide residents with total water management solutions, transit and transportation solutions, and develop sustainable and resilient infrastructure, among many other services. For more information about Ardurra, visit https://ardurra.com/

About Round Table Capital Partners:

RTC Partners is a private investment firm that specializes in building middle market growth platforms. Together with management partners, RTC builds market leading companies through a combination of acquisitive and organic growth, while establishing highly professionalized corporate infrastructures that are capable of scaling organizations to the next level. Our strategies focus on high-growth niches of professional, business and healthcare services industries. Our team has successfully completed over 60 transactions since 2017. For more information about RTC, visit https://www.rtcpartners.com/

These press releases may also interest you

at 17:12
Across the country, families are struggling with the rising cost of living. The Government of Canada is providing targeted support to those who need it most, and we are going to keep delivering much-needed relief to the middle class and people...

at 07:46
Georgia Power announced today it has achieved another important milestone for the new nuclear units under construction at its Vogtle 3 & 4 nuclear expansion project near Waynesboro, Ga. The generator at Vogtle Unit 3 has generated electricity for the...

31 mar 2023
Nouveau Monde Graphite Inc. ("NMG" or the "Company") announces today the payment of accrued interests as part of a previously announced private placement. Settlement of accrued interests Upon the approval of the TSX Venture Exchange and the New...

31 mar 2023
A makeover is underway on Britain's roads with the introduction of the UK's first 'cow crossing,' championing native animals over the traditional zebra crossing we've used for the past 70 years....

31 mar 2023
Firsthand Technology Value Fund, Inc. (the "Fund"), a publicly traded venture capital fund that invests in technology and cleantech companies, announced today its financial results for the fiscal year ended December 31, 2022. As of December 31,...

31 mar 2023
A $5 393 032 grant has been awarded to the Kativik Regional Government to enhance residual materials management in the territory of Nunavik communities. Minister of the Environment, the Fight Against Climate Change, Wildlife and Parks and Minister...

News published on 2 february 2023 at 09:05 and distributed by: