CHA Consulting acquires JBS Project Management, NYC-based project and construction management firm
July 11, 2019
AEC Advisors' principals Andrej Avelini and Josh Lahre initiated and advised JBS Project Management (JBS) in their sale to CHA Consulting, Inc. (CHA).
CHA a highly diversified, full-service engineering consulting firm announced today that it has acquired JBS, a project and construction management (PM/CM) firm of approximately 30 employees based in New York City.
“JBS brings us experienced and talented PM/CM resources that support our strategic objectives for expansion of our service lines and presence in Metro New York,” said Michael Carroll, CHA’s President & CEO. “This strategic acquisition is another key step in creating a compelling PM/CM service offering and reaffirming CHA’s aspiration to elate our clients by offering them a truly one-stop-shop to meet their every need.”
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 130 M&A transactions in the AEC industry and have advised over 400 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