-

GHK Capital Partners LP Announces Acquisition of Leading Architecture, Engineering, and Design Services Firm

GREENWICH, Conn.--(BUSINESS WIRE)--GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm, announced today that it has acquired CPL (or the “Company”). Terms were not disclosed.

Founded in 1975 and headquartered in Rochester, NY, CPL is a high growth provider of architecture, engineering, and consulting services for the built environment. As an integrated, multi-disciplinary firm offering 50+ services, CPL serves as a trusted advisor through the development, renovation, rehabilitation, and maintenance of critical facilities across healthcare, education, and civic infrastructure end-markets. Today, CPL has over 500 employees across 25 offices, spanning 8 states in the Northeast, mid-Atlantic and Southeast regions.

GHK's partnership with CPL will enable the Company to pursue an aggressive growth strategy including expansion into new end-markets and geographies, strategic investment into technology initiatives, and an active M&A program, with the aim of building a national-scale firm under a unified CPL banner. This strategy will be underpinned by continued operational excellence driving attractive growth in the healthcare, education, municipal and industrial end-markets.

Gil Klemann, Managing Partner of GHK, said, “We are thrilled to partner with CPL. Over the past 50 years, CPL has developed a reputation as a trusted advisor to asset owners as they navigate the life cycle of complex, multi-site facility networks with specific customer needs. Supported by a passionate and entrepreneurial staff, Todd and his team have built an impressive business with a foundation that is purpose built for growth. The AEC space is changing rapidly, and CPL’s embrace of technology and ambition to build a new leading national firm is compelling. We look forward to partnering with the CPL leadership team to execute our shared vision, while maintaining the culture and customer service that defines CPL.”

“We’re extremely pleased to partner with GHK who bring both a disciplined and thoughtful approach to building companies,” said Todd Liebert, Chairman and CEO of CPL. “They understand our business, value our culture, and share our belief that long-term success comes from investing in people, strengthening capabilities, and serving clients well. Their experience of working alongside leadership teams like ours complements the depth of expertise we’ve built at CPL over the last five decades. Together, we are well positioned to grow with purpose and continue delivering high-quality work for our clients and communities.”

GHK was advised by Morrissey Goodale and AEC Advisors LLC, and represented by Davis Polk & Wardwell LLP. CPL was represented by Harter Secrest & Emery LLP.

About CPL

CPL is a full-service architecture, engineering, and planning firm serving public and private sector clients across the United States. Known for its integrated expertise, collaborative approach, and commitment to community impact, CPL delivers thoughtful, innovative solutions that shape the built environment and improve lives. www.cplteam.com

About GHK Capital Partners LP

GHK is a leading middle-market private equity firm focused on making control investments in industrial companies across North America. For more information about GHK please visit www.ghk.com.

Contacts

info@ghk.com for more information or visit https://www.ghk.com.

GHK Capital Partners LP


Release Versions

Contacts

info@ghk.com for more information or visit https://www.ghk.com.

More News From GHK Capital Partners LP

GHK-Backed Rogers Building Solutions Rebrands as Corvant

DOUGLASVILLE, Ga.--(BUSINESS WIRE)--Rogers Building Solutions, together with its affiliates, today announced its rebranding to Corvant (the “Company”). Corvant is a portfolio company of GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm based in Greenwich, CT. The Company’s legacy operating entities, Coastal Mechanical Services, Rogers Mechanical and Sluss+Padgett, are now united as Corvant, aligning decades of experience and technical expertise under a cohesive, singl...

GHK Capital Partners LP Completes the Sale of ITS Logistics

GREENWICH, Conn.--(BUSINESS WIRE)--GHK Capital Partners LP ("GHK") announced today that it recently completed the sale of ITS Logistics (“ITS”). ITS, based in Reno, NV, provides asset-lite freight brokerage, dedicated fleet, and distribution and fulfillment services nationwide. GHK acquired ITS in June 2021. Terms of the transaction were not disclosed. J.P. Morgan Securities LLC acted as lead financial advisor, and Jefferies LLC acted as financial advisor to ITS on the transaction. Weil, Gotsha...

GHK Capital-Backed WSB Announces Acquisition of NEO Virtus Engineering

MINNEAPOLIS--(BUSINESS WIRE)--WSB LLC (“WSB”), one of the nation’s fastest growing infrastructure engineering and consulting firms, today announced the acquisition of NEO Virtus Engineering (“NEO Virtus” or the “Firm”), a specialized engineering consulting firm with deep expertise in photovoltaic (PV) and energy storage system design. This strategic addition strengthens WSB’s ability to support the full lifecycle of power/energy infrastructure for clients across the country. WSB is a portfolio...
Back to Newsroom