Vertex Expands with Acquisition of CBBG
Deal News | Nov 19, 2024 | PR Newswire Cision The Vertex Companies, LLC
The Vertex Companies, LLC, a portfolio company of Wind Point Partners, has acquired the CBBG Group Construction Expert Services, Ltd. This acquisition enhances Vertex's capabilities in construction disputes and arbitration, expanding its services across Europe, the Middle East, and Africa (EMEA). CBBG, established in 2019, is known for its expertise in solving complex construction, infrastructure, and energy disputes, with operations across Abu Dhabi, Dubai, Doha, and London. The collaboration boosts Vertex's forensic consulting and expert testimony capacities. David Tortorello, CEO of Vertex, highlights the strategic fit and growth potential in the EMEA region, which is seeing a surge in infrastructure and construction projects. Vertex will continue to pursue further acquisitions to enrich its talent base and client commitment. The acquisition's successful execution was supported by DWF law firm and Jayne McGlynn.
Sectors
- Construction and Engineering
- Professional Services
Geography
- Middle East – CBBG has offices in Abu Dhabi and Dubai and operates extensively in this region.
- Europe – CBBG has an office in London and provides services across Europe.
- Africa – The acquisition aims to expand Vertex's service offerings throughout the EMEA region, including Africa.
Industry
- Construction and Engineering – The acquisition involves firms specializing in construction dispute resolution and advisory services.
- Professional Services – Vertex provides multidisciplinary professional services including forensics, expert services, and project advisory.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| The Vertex Companies, LLC | Acquirer | Company | Professional services firm providing forensic, expert witness, dispute resolution services, among others. |
| CBBG Group Construction Expert Services, Ltd | Target | Company | Firm specializing in construction, infrastructure, and energy disputes with offices in the Middle East and Europe. |
| Wind Point Partners | Investor | Company | Private equity firm and portfolio owner of Vertex, supporting its strategic growth. |
| David Tortorello | CEO | Person | Chief Executive Officer of The Vertex Companies, LLC. |
| Lee Barry | Senior Partner | Person | Senior partner at CBBG Group. |
| Jeff Picard | Chief Strategy Officer | Person | Chief Strategy Officer at The Vertex Companies. |
| DWF | Legal Advisor | Company | Law firm that assisted in the acquisition process. |
| Jayne McGlynn | Legal Advisor | Person | Individual from DWF Law firm who played a key role in the acquisition. |