Wind Point Partners entered into a definitive agreement to acquire Kleinfelder

The Kleinfelder Group Inc., an engineering, construction management, design and environmental professional services firm with corporate offices in San Diego, CA, announced today that, subject to shareholder approval, it has signed a definitive agreement to be acquired by Wind Point Partners, a private equity investment firm, in conjunction with the management of the firm.

“The change in ownership will not affect the company’s current management team, nor its current operations,” said George J. Pierson, who has served as Kleinfelder’s CEO since late 2016. As CEO, Pierson and his team have focused on strengthening the management team, and implementing a culture of authority, responsibility and accountability across the business to achieve significant growth in profitability across its operations. Read more>

About the Author

Morrissey Goodale
Morrissey Goodale is a management consulting and research firm specializing in the architecture, engineering, and environmental consulting industries; offering executive search, mergers & acquisitions, financial advisory, leadership training, and strategic planning services.

Comments are closed.