Godspeed Capital Strengthens ICE USA Through RGC&A Acquisition
Godspeed Capital Management LP, a private equity firm specializing in lower middle market Architecture, Engineering & Consulting, recently made headlines by announcing a significant acquisition. The firm has brought Robert G. Campbell & Associates under the ICE USA umbrella—a strategic move aimed at enhancing its engineering and consulting services for transportation projects.
This acquisition is particularly noteworthy as it marks the second addition to the ICE USA platform, thereby extending its capabilities in surveying, civil engineering, and construction management services. This focus will particularly benefit public works and transportation agencies, highlighting a strategic expansion into a thriving market.
Founded in 1970 and operating out of Knoxville, Robert G. Campbell & Associates, also known as RGC&A, specializes in civil engineering, inspection, and surveying services tailored for government clients. With this merger, ICE USA gains a remarkable team of over 40 skilled professionals, including a senior leadership team that will continue to manage RGC&A. Their extensive experience in various domains such as transportation, water/wastewater management, site development, and residential projects positions ICE USA for greater service excellence.
Elham Farzam, President & CEO of ICE USA, emphasized the importance of this acquisition in their growth strategy aiming to enhance service delivery across the Southeastern U.S. He expressed his enthusiasm about collaborating with the RGC&A team, aiming for robust infrastructure development.
Robert G. Campbell, PE, the founder of RGC&A, echoed this sentiment by sharing his excitement about the partnership, calling it a cultural fit that will leverage the firm’s expertise with ICE USA’s ample resources. The collaboration anticipates providing clients with top-tier transportation engineering services, marking a pivotal growth point.
Furthermore, there is a strategic focus on expanding ICE USA's market reach beyond Tennessee. J. Cameron Terry II of Godspeed Capital described the acquisition as instrumental for fostering meaningful client relationships. He stressed their commitment to building a strong presence in the civil and transportation engineering space.
Legal advisory for Godspeed Capital was provided by Latham & Watkins LLP, while AEC Advisors acted as financial advisors for RGC&A, ensuring a smooth transition during this merger.
About Robert G. Campbell & Associates
RGC&A stands out as a premier engineering and consulting firm, adept in various sectors including transportation and public infrastructure development. With a history spanning over five decades, the firm has cemented its position among top contractors for state and local governments in Tennessee, reliably serving their needs with dedication and professionalism.
About ICE USA
ICE USA, the parent company of RGC&A, is a comprehensive transportation consulting and engineering firm dedicated to enhancing public infrastructure across the Southeast. With numerous offices in different states, ICE USA has consistently ranked highly in national transportation design, underscoring its commitment to quality and excellence.
About Godspeed Capital Partners
As a driving force in lower middle-market investments, Godspeed Capital is dedicated to capitalizing on unique opportunities within Defense and Government services. The firm emphasizes control buyouts, buy-and-build strategies, and special situations, making it a vital player within its sector. Its investment strategy is tailored to support companies generating significant EBITDA, thus ensuring dynamic growth for its partners.
Frequently Asked Questions
What is the significance of the partnership with RGC&A?
The acquisition allows ICE USA to enhance its capabilities in civil engineering and transportation consulting, focusing on public works projects.
How will RGC&A operate post-acquisition?
RGC&A will continue to operate under its name within the ICE USA platform, maintaining its leadership team.
What sectors does RGC&A specialize in?
RGC&A specializes in transportation, water/wastewater management, site development, and residential engineering projects.
What is ICE USA's core mission?
ICE USA is committed to providing exceptional consulting and engineering services to improve public infrastructure in the Southeastern United States.
How does Godspeed Capital support its portfolio companies?
Godspeed Capital offers operational insights, flexible capital, and expertise, aimed at facilitating growth and strategic development.
