Engineering Resource Group, a mechanical, electrical, and plumbing engineering consulting and design firm based in Mississippi, has received a strategic investment from private equity firm Godspeed Capital Management LP. Financial terms were not disclosed.
Godspeed said it will partner with ERG to make the company the platform brand for a new MEP-focused engineering, consulting, and design organization aimed at expanding across Mississippi and the broader Southeastern U.S. ERG will continue to be led by co-owners and principals Chad Moore and Jason Grossi, who will retain meaningful ownership, alongside long-time team members in key roles.
Founded in 1989, ERG provides building mechanical design, energy conservation and analysis, energy management, control system design, building operations and maintenance support, and system commissioning. The firm serves clients across education, government and defense, energy, healthcare, industrial, commercial and housing markets, and said it has built a portfolio of high-profile MEP engineering and design projects.
Godspeed described the deal as its 11th platform investment since launching in 2021 and said ERG becomes the fifth “leading brand” it has partnered with in engineering, as the firm continues building a broader set of services companies operating across public- and private-sector end markets.
Support: PSMJ Resources served as the exclusive financial advisor to ERG. Baker, Donelson, Bearman, Caldwell & Berkowitz acted as ERG’s legal advisor, and Moore & Van Allen served as legal advisor to Godspeed.
KEY QUOTES:
“We are pleased to find a like-minded partner in Godspeed, who is committed to our long-term vision for ERG and furthering our growth. Our number one priority is continuing to provide leading MEP engineering and design solutions to our customers, and Godspeed’s capital resources and expertise in building and scaling engineering firms serving public and private sectors provide us with the necessary tools to further grow our capabilities across existing and new clients.”
Chad Moore, Co-Owner and Principal, Engineering Resource Group
“Godspeed could not be a better partner for our next phase of growth, as they fully appreciate and understand our track record of distinction and accomplishments across the region. We look forward to working with the Godspeed team to expand our capabilities without compromising the values and culture that have positioned us as a market leader.”
Jason Grossi, Co-Owner and Principal, Engineering Resource Group
“For over 35 years, ERG has built a strong reputation as a regional leader in MEP engineering, consulting, and design services thanks to its strong culture, project excellence, and exceptional client service. We are pleased to welcome Chad, Jason and their talented team to the Godspeed family and look forward to working together to grow the capabilities and scope of the Company.”
James Reid, Principal, Godspeed Capital
