BKF Engineers Partners with Long Point Capital for Growth

BKF Engineers Partners for Strategic Growth

BKF Engineers, a premier civil engineering and land surveying firm based on the West Coast, has recently formed a partnership with Long Point Capital, a New York-based private equity firm. This collaboration aims to maximize the capabilities of both organizations, bringing together resources and expertise from Long Point Capital. The focus of this partnership is to enhance BKF's service offerings while supporting its growth initiatives into new markets.

Driving Innovation through Collaboration

The partnership signifies more than just a business agreement; it embodies BKF’s commitment to its clients and employees. Greg Hurd, President and CEO of BKF Engineers, expressed enthusiasm about the boundless opportunities this alliance will create. He stated, "This announcement isn't just about a milestone; it's about answering the call from our employees and clients to grow our service offerings and expertise."

Commitment to Quality and Community

BKF Engineers prides itself in delivering quality infrastructure that enhances the quality of life in communities across the region. The company, founded in 1915, now operates with over 450 employees and manages 16 offices. Renowned for its engineering and surveying competencies, BKF has successfully executed complex projects, reflecting its century-long expertise in the field.

Long Point Capital’s Role in Expansion

Long Point Capital focuses on investing in professional service firms and has been recognized for its founder-friendly approach. This partnership is set to bring strategic resources and knowledge to BKF, enabling the firm to expand its service range and enhance operational effectiveness. The partnership is expected to open new markets, providing growth opportunities that will benefit both clients and employees.

Looking Ahead: Future Prospects

The leadership of Long Point Capital welcomes the opportunity to collaborate with BKF Engineers. Ira Starr, a founding partner at LPC, emphasized the duo’s shared goal of broadening service offerings and securing growth pathways through organic and acquisition efforts. He stated, "We are very proud to partner with BKF and its leadership team. We look forward to working with them on this exciting journey."

Expert Guidance from Matheson Advisors

To facilitate this significant partnership, Matheson Advisors acted as financial and M&A advisors for BKF Engineers. With over 20 years of experience, Matheson Advisors has been instrumental in guiding AEC firms through various business transitions and strategies. Their expertise ensures a smooth integration process for both BKF Engineers and Long Point Capital.

Frequently Asked Questions

What does the partnership between BKF Engineers and Long Point Capital entail?

The partnership is aimed at enhancing BKF's service offerings and supporting its growth into new markets by leveraging Long Point Capital's resources and expertise.

How long has BKF Engineers been in operation?

BKF Engineers was established in 1915 and has a long history of providing civil engineering services.

What are the main services offered by BKF Engineers?

BKF Engineers specializes in civil engineering, land surveying, and grants and funding services, known for executing complex projects successfully.

What does Long Point Capital focus on?

Long Point Capital focuses on investing in leading professional services companies with strong growth prospects and capable management teams.

Who advised BKF Engineers during this partnership?

Matheson Advisors acted as financial and M&A advisors, helping to facilitate the partnership between BKF Engineers and Long Point Capital.

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