RW Block Consulting merges with 3 Leading PM firms to form Anser Advisory, a portfolio company of RTC Partners
October 30, 2018
RW Block Consulting ("RW Block") and three other leading program management consulting firms -- Pinck & Co, RGGroup Global, Simplus Management -- have come together to form Anser Advisory, a national firm specializing in capital program funding, program management, project management, construction management, and executive advisory services. RW Block's primary industries included aviation, education, public sector, healthcare, disaster recovery, and office/retail.
Andrej Avelini and Joe Smetona, during their association prior to forming AEC Advisors, advised RW Block on this transaction with RTC Partners / Anser Advisory. Andrej and Joe have recently founded their own firm, AEC Advisors, along with Josh Lahre and Tyler Albright, to provide M&A advisory, valuation, performance benchmarking, and ownership transition services to the AEC industry.
“As a business owner, I found the guidance provided by Joe and Andrej very useful in navigating both national and international transactions. I found their advise extremely useful during the due diligence phase leveraging their vast knowledge of the AEC space to ensure the final transaction was the most proper fit for all parties involved,” said Roy Block, CEO of RW Block Consulting.
Anser Advisory operates as a portfolio company of RTC Partners, LLC. RTC Partners, LLC is a New York based private equity firm that partners with managers of middle market companies to unlock growth opportunities. Further information is available at www.rtcpartners.com.
Comments from original press release:
Anser’s CEO, Bryan Carruthers, explained, “Each of our legacy companies were leaders within their geographic or market niche and respected providers of strategic and innovative program management services to their clients. Through combining their industry expertise and geographic diversity, we envision becoming the leading destination for program management talent in the industry.”
About AEC Advisors
AEC Advisors LLC brings over 40 years of combined experience in advising key decision-makers of Architecture, Engineering & Consulting ("AEC") firms. Our team has completed over 130 M&A transactions in the AEC industry and advised over 400 AEC firms on corporate finance issues, including M&A, capitalization & modeling, stock valuation, 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
Joe Smetona, Principal
Tyler Albright, Principal