Houlihan Lokey is pleased to
announce the sale of The Kleinfelder Group, Inc. (Kleinfelder), a portfolio
company of Wind Point Partners (Wind Point), to Lindsay Goldberg and Kleinfelder management.
The transaction closed on September 18, 2023.
Based in California,
Kleinfelder is an engineering, construction management, design, and
environmental professional services firm. The company is uniquely positioned to
serve a diverse base of customers across the power, transportation, water, and environmental end markets throughout the United States, given its scale and
breadth of services.
Wind Point is a
Chicago-based private equity investment firm with approximately $6 billion in
assets under management. Wind Point focuses on partnering with top-caliber
management teams to acquire well-positioned middle-market businesses where it
can establish a clear path to value creation. The firm targets investments in
the business services, consumer products, and industrial products sectors. Wind
Point is currently investing out of Wind Point Partners X, a fund that was
initiated in 2022.
Lindsay Goldberg is a private
investment firm that focuses on partnering with families, founders, and
management teams seeking to actively build their businesses. Since 2001,
Lindsay Goldberg has raised more than $17 billion of equity capital and has
invested in over 60 platform companies and over 300 follow-on opportunities.
The firm focuses on three industries that typically demonstrate resilience
across economic cycles, including industrials, services, and healthcare.
Lindsay Goldberg takes a relationship-driven approach and is supported by its
global network of affiliate partners.
Houlihan Lokey served as the exclusive financial advisor to Kleinfelder. This deal exemplifies the continued
success of Houlihan Lokey’s dedicated coverage of the engineering and infrastructure services sector, the benefits of the lender education process, the relationships fostered through our Financial Sponsors Coverage team, and the continued
success in partnership with Kleinfelder management, having represented the company in
its sale to Wind Point in 2018.
If you would like more information about Houlihan Lokey or have any questions regarding the firm’s role in this transaction, please contact one of the team members listed below.
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