Ardurra Group acquires LNV, a water/wastewater and transportation engineering consulting firm based in Corpus Christi, Texas
February 12, 2020
AEC Advisors initiated and advised LNV in their sale to Ardurra Group. LNV is an award-winning, roughly 100-person engineering, consulting, surveying, and architecture firm with offices in Corpus Christi, Austin, San Antonio, and Laredo, Texas. LNV is a multi-disciplined firm with a focus on water/wastewater, transportation, environmental, structural, architectural, and surveying services.
Ardurra Group is an ENR 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 its current disciplines in water, civil, public works, survey, environmental and structural, as well as adding new capabilities in architectural and transportation disciplines. Ardurra is a portfolio company of RTC Partners, a New York-based private equity firm.
Dan Leyendecker, President & CEO of LNV: “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."
Ernesto Aguilar, CEO of Ardurra Group: “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.”
Christopher Lee, Co-Founder and Managing Partner of RTC Partners: “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.”
About AEC Advisors
AEC Advisors LLC is a leading investment banking and corporate finance advisory firm for executives and boards of Architecture, Engineering & Consulting ("AEC") firms. The four principals have completed over 140 M&A transactions in the AEC industry and have advised over 500 AEC firms on corporate finance issues, including M&A, capitalization & modeling, stock valuation, KPI benchmarking, and internal ownership transitions. Our goal is to help key decision‐makers of AEC firms confidently address financial issues and opportunities, so that they can focus on their clients, projects, and people.
Andrej Avelini, President
Josh Lahre, Senior Principal
Tyler Albright, Principal
Joe Smetona, Principal