Vertex Acquires CBBG Group to Expand Global Reach in Expert Services
Deal News | Nov 19, 2024 | Zawya
Vertex Companies, a portfolio company of Wind Point Partners, has acquired CBBG Group, a construction expert services firm known for its expertise in construction disputes and arbitration. With this acquisition, Vertex aims to bolster its technical expertise and expand its advisory and forensic services in the EMEA region. CBBG, which has offices in Abu Dhabi, Dubai, Doha, and London, will provide Vertex with enhanced regional knowledge in construction and engineering sectors. This deal underscores Vertex's continued global expansion strategy, supported by Wind Point Partners.
Sectors
- Construction Consulting
- Professional Services
Geography
- EMEA (Europe, Middle East, and Africa) – Vertex aims to expand further into the EMEA region through the acquisition of the CBBG Group, which has a strong presence in this geography.
- United Arab Emirates – CBBG has offices in Abu Dhabi and Dubai, making it a significant player in the UAE's construction consultancy market.
- United Kingdom – One of the locations of CBBG's offices, London, enhances Vertex's expertise in the UK market.
Industry
- Construction Consulting – Both Vertex and CBBG operate in the construction consulting sector, providing expert dispute resolution and forensic consulting.
- Professional Services – Vertex positions itself as a multidisciplinary professional services firm, offering advisory, compliance, and regulatory solutions globally.
Financials
- Not Disclosed – The financial details of the acquisition of CBBG by Vertex were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Vertex Companies, LLC | Bidding Company | Company | Vertex is a professional services firm providing a range of expert and forensic consulting services. |
| CBBG Group Construction Expert Services, Ltd | Target Company | Company | CBBG is a construction expert services firm offering solutions in construction disputes across the EMEA region. |
| Wind Point Partners | Private Equity Firm | Company | Wind Point Partners is the private equity firm owning Vertex. |
| DWF Law Firm | Legal Advisor | Company | DWF Law Firm was instrumental in the smooth acquisition process of CBBG by Vertex. |
| David Tortorello | CEO of Vertex | Person | David Tortorello is the Chief Executive Officer of Vertex, overseeing its global strategic expansion. |
| Lee Barry | Senior Partner at CBBG | Person | Lee Barry is a senior partner at CBBG, involved in overseeing the firm’s operations and services. |
| Jeff Picard | Chief Strategy Officer at Vertex | Person | Jeff Picard is responsible for overseeing strategic acquisitions and growth initiatives at Vertex. |
| Jayne McGlynn | Supporter in Acquisition | Person | Jayne McGlynn was instrumental in guiding the acquisition process for the Vertex-CBBG deal. |