GHK Capital Partners, a middle-market private equity firm, has acquired CPL, a provider of architecture, engineering, and consulting services for the built environment. Financial terms of the transaction were not disclosed.
Founded in 1975 and headquartered in Rochester, New York, CPL delivers architecture, engineering, and planning services to public and private sector clients nationwide. The firm offers more than 50 services and advises clients through the development, renovation, rehabilitation, and maintenance of critical facilities across healthcare, education, and civic infrastructure end-markets. CPL employs over 500 people across 25 offices in eight states spanning the Northeast, mid-Atlantic, and Southeast regions.
GHK said the partnership will support CPL’s plans to pursue an accelerated growth strategy, including expansion into new end-markets and geographies, strategic investments in technology initiatives, and an active M&A program aimed at building a national-scale firm under a unified CPL brand. The strategy will continue to emphasize operational excellence across healthcare, education, municipal, and industrial end-markets.
CPL is a full-service architecture, engineering, and planning firm known for its integrated expertise and collaborative approach, delivering solutions designed to shape the built environment and improve communities. GHK focuses on making control investments in industrial companies across North America.
Support: GHK was advised by Morrissey Goodale and AEC Advisors LLC and represented by Davis Polk & Wardwell LLP. CPL was represented by Harter Secrest & Emery LLP.
KEY QUOTES:
“We are thrilled to partner with CPL. Over the past 50 years, CPL has developed a reputation as a trusted advisor to asset owners as they navigate the life cycle of complex, multi-site facility networks with specific customer needs. Supported by a passionate and entrepreneurial staff, Todd and his team have built an impressive business with a foundation that is purpose built for growth. The AEC space is changing rapidly, and CPL’s embrace of technology and ambition to build a new leading national firm is compelling. We look forward to partnering with the CPL leadership team to execute our shared vision, while maintaining the culture and customer service that defines CPL.”
Gil Klemann, Managing Partner, GHK Capital Partners LP
“We’re extremely pleased to partner with GHK who bring both a disciplined and thoughtful approach to building companies. They understand our business, value our culture, and share our belief that long-term success comes from investing in people, strengthening capabilities, and serving clients well. Their experience of working alongside leadership teams like ours complements the depth of expertise we’ve built at CPL over the last five decades. Together, we are well positioned to grow with purpose and continue delivering high-quality work for our clients and communities.”
Todd Liebert, Chairman And CEO, CPL
