M&A Deal Summary

CONSOR Acquires Target Engineering Group

On January 5, 2019, CONSOR acquired engineering company Target Engineering Group from Keystone Capital

Acquisition Highlights
  • This is CONSOR’s 4th transaction in the Engineering sector.
  • This is CONSOR’s 3rd transaction in the United States.
  • This is CONSOR’s 3rd transaction in Florida.

M&A Deal Summary

Date 2019-01-05
Target Target Engineering Group
Sector Engineering
Buyer(s) CONSOR
Sellers(s) Keystone Capital
Deal Type Merger

Target

Target Engineering Group

Coral Gables, Florida, United States
website
Target Engineering Group, Inc. is a provider of construction management, professional engineering, and construction inspection services. Target Engineering Group, Inc. was founded in 1999 and is based in Coral Gables, Florida.

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Buyer(S) 1

Buyer

CONSOR

Chicago, Illinois, United States

website


Category Company
Sector Engineering
DESCRIPTION

CONSOR is a transportation and infrastructure engineering firm providing services in planning and design, structural assessment, and construction services. CONSOR Engineers is based in Chicago, Illinois.


DEAL STATS #
Overall 4 of 6
Sector (Engineering) 4 of 5
Type (Merger) 4 of 4
State (Florida) 3 of 4
Country (United States) 3 of 5
Year (2019) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-05 Johnson-Adams & Associates

Florida, United States

Johnson-Adams & Associates LLC provides construction engineering inspection services, constructability reviews, project management, contract administration, critical path method scheduling, and construction claims/litigation support for transportation owners, including the Florida Department of Transportation and municipal transportation agencies. Johnson-Adams & Associates LLC was founded in 2008 and is based in Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-11 TKW Consulting Engineers

Fort Myers, Florida, United States

TKW Consulting Engineers LLC is an engineering and inspection firm specializing in water/wastewater, structural, and civil projects. TKW Consulting Engineers LLC was founded in 1989 and is based in Fort Myers, Florida.

Buy -

Seller(S) 1

SELLER

Keystone Capital

Chicago, Illinois, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1994
PE ASSETS 420M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Keystone Capital is a private equity firm focused on acquiring family businesses, corporate divestitures, industry consolidations, and special situations. Keystone prefers lower middle-market, US-based businesses with EBITDA of $3 to $15 million. Target sectors include specialty manufacturing, business services/outsourcing, food processing and ingredients, publishing, instrumentation, optical components, and healthcare products/services. Keystone will not invest in start-ups, turnarounds, commodities, defense/government contractors, retail stores, or restaurants. Keystone Capital was formed in 1994 and is based in Chicago, Illinois.


DEAL STATS #
Overall 15 of 23
Sector (Engineering) 3 of 4
Type (Merger) 2 of 2
State (Florida) 1 of 2
Country (United States) 15 of 23
Year (2019) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-05 CONSOR

Chicago, Illinois, United States

CONSOR is a transportation and infrastructure engineering firm providing services in planning and design, structural assessment, and construction services. CONSOR Engineers is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-01 KENDELL

Mendota Heights, Minnesota, United States

KENDELL is a value-added distributor of door openings, door hardware, and related access control products for institutional and commercial applications in the built environment. KENDELL was founded in 1981 and is based in Mendota Heights, Minnesota.

Buy -