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Generational Equity Advises Critical Engineering Group in its Sale to Enercon Services

By Generational Equity

06/18/2020

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Critical Engineering Group, to Enercon Services, Inc. The acquisition closed June 10, 2020 and details were not disclosed.

Critical Engineering Group (CEG), headquartered in Lafayette, California, provides a full scope of project management and engineering services for data centers and mission-critical communications centers, including architectural, electrical engineering, mechanical engineering, structural and civil engineering and construction support.

Headquartered in Kennesaw, Georgia, with a total of 22 locations in the U.S. and one in Abu Dhabi, UAE, Enercon Services, Inc. (ENERCON) is a multi-disciplinary engineering and environmental firm focused on empowering their people and partnering with their clients to support the safe and efficient production, delivery and use of energy. 

They invest in emerging technologies and foster a sense of innovation within their teams so that they may bring powerful solutions to their clients and add value to their businesses.

The CEG team will join ENERCON’s Critical Infrastructure division out of Oakland, California, led by ENERCON Vice President, Chris Stammen, and Western Division Director, Richard Clubb. They will be supported by CEG Principals James R. Rowland and James Underwood.

“The acquisition is a positive step towards our strategic growth and diversification. CEG’s proven success in data and communication center projects will enhance our existing engineering services and extend our footprint in this dynamic market,” said Robert H. Bryan, President of ENERCON. 

“We are proud to bring on board the innovative team from CEG. They have an outstanding reputation in the industry and will bolster ENERCON as we continue to provide high-quality solutions for our clients,” added Bryan.

Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team led by Managing Director Mergers & Acquisitions, James Hermann, with support from Managing Director Mergers & Acquisition, Mike Meredith, successfully closed the deal. Executive Managing Director Thomas Braun established the initial relationship with CEG.

“It was a complex transaction that took some time to conclude, but it ultimately led to a positive result for all parties involved,” said Hermann.

About Generational

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.