Verdantas Expands in Northwest with Acquisition of Civil West Engineering
Deal News | Jan 14, 2025 | Sterling Investment Partners L
Verdantas, a leader in digitally enabled technical consulting solutions, has announced the acquisition of Civil West Engineering Services Inc. Based in Coos Bay, Oregon, Civil West specializes in water and wastewater, land development, and municipal design, offering a notable boost to Verdantas' capabilities in these areas in the Northwest. Supported by Sterling Investment Partners, Verdantas aims to heighten its presence in the Pacific Northwest through this acquisition. Civil West's established relationships with municipalities and expertise in water services are viewed as significant advantages. The acquisition facilitates Verdantas' mission to address critical water issues and foster resilient communities across the region. Sterling Investment Partners, known for building successful middle-market companies, supports Verdantas' strategic expansion and continued commitment to shaping sustainable and innovative solutions.
Sectors
- Engineering Services
- Water Resources Management
- Private Equity
Geography
- United States – The acquisition focuses on enhancing services in Oregon and the Pacific Northwest, reflecting the regional impact within the United States.
- Oregon – Civil West Engineering Services is headquartered in Coos Bay, Oregon, making it a primary geographical focus of this acquisition.
- Pacific Northwest – Verdantas aims to expand its presence throughout the Pacific Northwest through this strategic acquisition.
Industry
- Engineering Services – Focuses on providing engineering solutions and support which is at the core of Civil West Engineering Services' offerings.
- Water Resources Management – Involves the management, utilization, and conservation of water resources, a key service area bolstered by Civil West's expertise.
- Private Equity – Sterling Investment Partners, a private equity firm, backs Verdantas and plays a significant role in this acquisition strategy.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Verdantas | Acquirer | Company | A company providing digital technical consulting solutions with a focus on environment, water, and energy transition markets. |
| Civil West Engineering Services Inc. | Target Company | Company | An engineering services firm specializing in water-related services, headquartered in Coos Bay, Oregon. |
| Sterling Investment Partners | Private Equity Backer | Company | A private equity firm supporting Verdantas in its expansion endeavors, specializing in middle-market company investments. |
| Jesse Kropelnicki | CEO of Verdantas | Person | Provided a statement highlighting the strategic benefits of the acquisition. |
| Marlin Gochnour | President of Civil West | Person | Commented on the opportunities brought by the acquisition for Civil West. |
| James Soldano | Partner at Sterling | Person | Shared insights on Verdantas' enhanced capabilities post-acquisition thanks to Sterling's backing. |