Godspeed Capital Management – a lower middle market Architecture, Engineering, & Consulting (AEC) and government services-focused private equity firm – announced the acquisition of Robert G. Campbell & Associates (RGC&A) by ICE USA, its transportation-focused engineering and consulting services and solutions platform holding company. The deal marks the second addition to Godspeed’s expanding ICE USA platform and deepens its surveying, civil engineering, and construction management capabilities for public works and transportation agency customers within the highly attractive Tennessee market.
Launched in 1970 and headquartered in Knoxville, Tennessee, RGC&A is a premier full-service consulting and engineering firm specializing in civil engineering, inspection, and surveying services primarily for state and local government clients in public infrastructure development.
The addition of RGC&A brings more than 40 highly-skilled professionals to the ICE USA platform, including its tenured leadership team, which will remain with RGC&A following the transaction and continue to lead the business.
RGC&A has established itself as a leader in the rapidly growing Tennessee market, with expertise spanning various sectors, including transportation, water/wastewater, site development, and residential projects. RGC&A will operate side-by-side with Infrastructure Consulting & Engineering (ICE), Godspeed’s inception platform investment, and IDCUS under the ICE USA platform.
Latham & Watkins acted as legal advisor on behalf of Godspeed Capital. And AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services, was the exclusive financial advisor to Robert G. Campbell & Associates.
KEY QUOTES:
“This transaction represents an important step for ICE USA as we continue to scale our platform and build our presence across geographies, especially the coveted Tennessee market. The addition of RGC&A and its talented team to ICE USA will further strengthen our platform’s collective ability to provide stellar services to our customers in Tennessee and across the Southeastern U.S. We look forward to working with the RGC&A team as we continue the build out of our platform and support new and greater infrastructure projects across the region.”
-Elham Farzam, P.E., President & CEO of ICE USA
“Partnering with ICE USA is an exciting new step for the RGC&A team, and we look forward to working as a part of the expanded platform to continue providing exemplary service to our longtime clients across the Southeast. This partnership is an outstanding cultural fit, and we are confident that our team’s expertise will strategically complement ICE USA’s robust resources and capabilities, enabling the platform to offer its customers an unparalleled suite of transportation engineering services.”
-Robert G. Campbell, PE, Founder & Principal of RGC&A
“Godspeed is thrilled to have RGC&A join the ICE USA team and views the acquisition as a critical step in developing and strengthening customer relationships in the attractive Tennessee market and our buy and build strategy of scaling platforms to penetrate key growth markets. By complimenting ICE and IDCUS, we believe RGC&A will open doors for ICE USA in growth markets across the Southeast beyond Tennessee, further solidifying the platform as a market leader in the civil and transportation engineering markets.”
-J. Cameron Terry II, Principal at Godspeed Capital
