We invest in companies to help improve performance and drive value creation

Transaction Highlights

Following an initial investment in the power generation and engineering services sector with its acquisition of Imperia Engineering Partners (“Imperia”) in 2017, CriticalPoint pursued a corporate carveout of the Power Division from AECOM, one of the nation’s largest infrastructure and consulting firms. CriticalPoint flexibly responded and worked expeditiously to conduct diligence on an accelerated timeline, as AECOM and its financial advisors determined the desired scope and projects to be included in the transaction. Ultimately, CriticalPoint closed the transaction in 2020 and fully separated the business ahead of the agreed-upon timeframe

Investment Merits

• Well-established, fully integrated engineering, procurement and construction contractor providing full life cycle capabilities to a diverse set of customers
• Highly skilled engineering team capable of producing customized and innovative solutions that meet the highest levels of quality and safety
• Strong track record of providing best-in-class customer service in demanding markets leading to long standing blue chip clients

Value Creation

Under CriticalPoint’s ownership, the business has re-branded as United Engineers & Constructors (“United”), merged operations with Imperia, and implemented numerous operational, contractual, and programmatic improvements. In just over two years from the transaction closing, United is on track to increase EBITDA sixfold