https://www.businesswire.com/news/home/20200211006003/en/Ardurra-Group-Acquires-LNV
TAMPA, Fla.--(BUSINESS WIRE)--Ardurra Group, Inc. (Ardurra) has acquired LNV, Inc. (LNV), an award-winning, multi-discipline engineering, architectural and surveying firm specializing in civil, structural, transportation, environmental, architectural, and surveying services.
Ardurra (www.ardurra.com) is an Engineering News-Record Top 500 firm that provides consulting and engineering services to public and private entities throughout the United States. With the addition of LNV, Ardurra further expands its nationwide expertise in the engineering market, enhancing and expanding our current disciplines (water, civil, public works, survey, environmental and structural), as well as adding new capabilities in architectural and transportation disciplines.
LNV will operate as LNV, an Ardurra Group company, from their offices in Austin, San Antonio, Corpus Christi and Laredo, Texas.
Ardurra’s CEO, Ernesto Aguilar, explained, “LNV has rapidly grown by building strong client relationships through delivering quality projects, which is in line with our core mission and values. This addition to the Ardurra family further expands our Texas presence and nicely complements our current offerings.”
Dan Leyendecker, LNV’s CEO and President, adds, “Joining Ardurra allows LNV to maintain the same level of quality and commitment to our current clients, while allowing the expansion of our expertise and services to new clients in other areas. Joining the Ardurra family will allow our employees more opportunities to grow and excel and provides a deeper resume that we can bring to our Texas clients, allowing us to deliver larger, more complex assignments.”
Christopher Lee, Co-Founder and Managing Partner at RTC Partners, said, “We are very pleased to welcome the entire LNV 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.”
Jones Walker LLP acted as legal counsel and BDO USA, LLP acted as financial and tax advisor on behalf of Ardurra Group.
AEC Advisors, LLC initiated the transaction and acted as LNV’s advisor.
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.