Generational Equity Advises Code Unlimited in its Sale to Jensen Hughes

DALLAS--()--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Code Unlimited, LLC to Jensen Hughes, Inc. (a holding of Gryphon Investors). The acquisition closed July 27, 2022.

Located in Beaverton, Oregon, Code Unlimited (CU) is a building code compliance consultant specializing in fire protection, accessibility, and hazardous materials. The Company’s staff holds multiple licenses and certifications such as ICC, IBC, ADA, cASP, NFPA, Historical & Legacy Codes, Land Use and Zoning, Mass Timber, Seismic Analysis, DoD, and UFC regulations. The Company takes a collaborative and technology-based approach to develop custom solutions based on state-of-the-art technologies and comprehensive code knowledge.

CU helps customers navigate complex land use regulations and develops innovative solutions for challenging building code, fire protection, and accessibility requirements using performance-based and data driven approaches. The Company’s consulting services can be implemented at any stage of a construction project or applied to existing buildings. CU’s team of architects, engineers, and code compliance specialists are able to offer solutions for non-compliant structures as well as work with architects to ensure new construction projects are designed with all potential issues identified and addressed.

Jensen Hughes (JH), headquartered in Baltimore, Maryland has offices located throughout the U.S., Canada, Europe, Australia, Asia, and the Middle East. JH is the global leader in engineering, consulting and technology that make the world safe, secure and resilient. Worldwide, they are recognized most widely for leadership in fire protection engineering – a legacy of responsibility advanced with honor and pride since 1939.

The Company’s commitment to safety, security and resilience extends to other critical competencies core to their purpose, strategic capabilities they have been expanding for years. These include accessibility consulting, risk and hazard analysis, process safety, forensic investigations, security risk, and emergency management as well as digital innovation across many of their services.

Today, JH’s 1,500+ engineers, consultants, analysts and strategists work from 90+ offices supporting clients in 100+ countries across all markets – from Government, Healthcare, Science, and Technology to Energy, Mission Critical and Transportation.

Based in San Francisco, California, Gryphon Investors (Gryphon) is a leading private equity firm focused on profitably growing and competitively enhancing middle-market companies in partnership with experienced management. The firm has managed over $8.3 billion of equity investments and capital since 1997. Gryphon makes equity investments of $50 million to $300 million in portfolio companies with enterprise values ranging from approximately $100 million to $600 million. Gryphon prioritizes investment opportunities where it can form strong partnerships with owners and executives to build leading companies, utilizing Gryphon’s capital, specialized professional resources, and operational expertise.

Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham and his team, led by Sr. Managing Director Mergers & Acquisitions, Fred Zweifel with the support of Sr. Managing Director - Western Region, Lori Galloway successfully closed the transaction. Senior Managing Director, Ashok Tandon established the initial relationship with Code Unlimited.

About Generational Equity

Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

With more than 300 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022. For more information, visit or the Generational Equity press room.


Carl Doerksen

Release Summary

Code Unlimited, a Generational Equity client, was acquired by Jensen Hughes, a holding of Gryphon Investors.


Carl Doerksen