Ardurra Group, Inc. Acquires Infrastructure Engineering Corporation
TAMPA, Fla.–(BUSINESS WIRE)–Ardurra Group, Inc. (Ardurra) has acquired and merged with Infrastructure Engineering Corporation (IEC), a multi-disciplined engineering and construction management firm specializing in the water, wastewater, and public works markets.
“"We are very pleased to welcome the entire IEC team to the Ardurra family. The strategic addition of such a strong organization is a win for all stakeholders—providing additional opportunities for employees, enhancing the service offering to clients, and creating value for shareholders.”"
Ardurra Group is an Engineering News-Record Top 500 firm providing consulting and engineering services to public and private entities throughout the United States. With the addition of IEC, Ardurra further expands its presence in California and the water market nationally.
IEC will operate as IEC, an Ardurra Group Company, from their six offices throughout California.
Ardurra’s President & CEO, Ernesto Aguilar, explained, “IEC’s founding philosophy was to build a firm based on exceptional client service and employee satisfaction. This is completely in-line with our core mission and values. This addition to the Ardurra family solidifies our California presence and complements our service offerings.”
Rob Weber, IEC’s President, adds, “We are tremendously excited to be part of the Ardurra team and look forward to helping grow the west region. Ardurra’s cultural and client service values and strategic goals align with those of IEC. The merger will increase our presence throughout the California water market and strengthen our exceptional commitment to our clients.”
Christopher Lee, Co-Founder and Managing Partner at RTC Partners, said, “We are very pleased to welcome the entire IEC team to the Ardurra family. The strategic addition of such a strong organization is a win for all stakeholders—providing additional opportunities for employees, enhancing the service offering to clients, and creating value for shareholders.”
Greenberg Traurig, LLP, acted as legal counsel and CohnReznic, LLP, acted as financial and tax advisor on behalf of Ardurra.
Blackcastle Partners acted as advisor to IEC.
Ardurra Group, Inc. operates as a portfolio company of RTC Partners, LP. RTC Partners is a New York-based private equity firm that partners with managers of middle market companies to unlock growth opportunities. Further information is available at www.rtcpartners.com.
