Middle market private equity firm, Victor Capital Partners (New York, NY), invested in Rizzo Group (New York, NY), a building code, zoning, and land use consulting firm, and CodeGreen Solutions (New York, NY), a provider of energy management and sustainability services.
“Commercial real estate owners need effective, timely solutions and specialized expertise to comply with increasingly complex building codes and sustainability standards to drive profitability and meet social responsibility objectives,” said Stephen Rizzo. “We are proud of our leadership as a client-focused consultant to the most sophisticated and professional property owners. Our partnership with Victor Capital will allow Rizzo Group to further invest in innovation and technology-enabled solutions and extend our geographic reach, with the goal of helping our clients achieve exceptional results. We look forward to working with the Victor Capital team.”
“We are proud to be partners to leaders in the real estate industry as they invest in decarbonization and sustainability initiatives, and we are excited that the industry has recognized that these efforts are a fiduciary duty to stakeholders in mitigating climate related risks, driving down costs, and increasing the value of real estate investments,” said Adin Meir, CodeGreen President. “The investment from Victor Capital Partners will allow CodeGreen to extend its geographic reach and expand innovation and technology-enabled solutions and services to our clients who are leaders in meeting increasing energy management and sustainability goals.”