JENSEN HUGHES Inc, a portfolio company of U.S. private equity firm Huron Capital Partners, has acquired Sereca Fire Consulting Ltd, a Vancouver-based provider of engineering and consulting services, including fire protection design and engineering, and building code consulting. The value of the transaction was not published. The acquisition is JENSEN HUGHES’ second completed in Canada this year, following its purchase in April of Randal Brown & Associates Engineering Ltd. Huron Capital invested in the U.S.-based JENSEN HUGHES in May 2011 to serve as a platform for growth in its industry.
Huron Capital’s Specialty Engineering Platform Expands Footprint Into Canada with Two Add-on Acquisitions
JENSEN HUGHES establishes key Canadian presence with the acquisition of Randal Brown & Associates and Sereca Fire Consulting
DETROIT, May 7, 2015 /PRNewswire/ — Huron Capital Partners LLC (“Huron”) announced today that its portfolio company, JENSEN HUGHES, Inc. (“JENSEN HUGHES”), has acquired Toronto, Canada-based Randal Brown & Associates Engineering, Ltd. (“RBA”) and Vancouver, Canada-based Sereca Fire Consulting, Ltd. (“Sereca”). RBA and Sereca are highly strategic niche add-ons that strengthen JENSEN HUGHES’ capabilities as a global leader providing specialty engineering and consulting services in numerous vertical markets, including corporate real estate, education, healthcare, hospitality, institutional, industrial, power and transportation.
RBA has built a reputation for effective, meticulous, and technical precision, along with a dedicated approach to working with clients, developers, architects and government clients since 1984. Sereca has an equally solid industry presence and serves clients from its offices in Vancouver, Toronto, Calgary, and Singapore.
“Adding these two companies to our existing offering represents a new force in lifecycle consultancy services for clients all over the world. In order for our practice to continue its recent growth, we needed to add these skilled and complementary services to fulfill our clients’ requirements,” said Dave Boswell, JENSEN HUGHES President of North American Operations. “Both RBA and Sereca provide JENSEN HUGHES with a strong presence in the Canadian market, as well as staff with vast experience and widespread technical expertise.”
Peter Senez, Sereca’s founder and a well-respected authority in code consulting and fire protection engineering, is expected to be instrumental in continuing to roll out the company’s Canadian footprint. He is an author, industry committee chair, and frequent lecturer in his field and has been involved for many years in the development of codes and standards at the provincial, national, and international levels.
Huron originally invested in JENSEN HUGHES (then known as Hughes Associates) in May 2011, and was attracted to its market-leading position in the fire protection engineering specialty and ability to serve as a platform for growth.
“These important tuck-ins further our buy-and-build strategy and allow us to bring additional resources and complementary service offerings in a new and strategically important geographic market. We feel strongly that these partnerships help JENSEN HUGHES meet the evolving needs of its clients,” said Peter Mogk, Huron Senior Partner.
About Huron Capital Partners
Based in Detroit, Huron Capital is an operationally-focused private equity firm with a long history of growing lower middle-market companies through its customized ExecFactorSM buy-and-build investment model. Huron prefers complex situations where it can help companies reach their full potential by combining its operational approach, substantial capital base and transaction experience with proven operating executives. Founded in 1999, Huron has raised over $1.1 billion in capital through four committed private equity funds, invested in over 90 companies, and its portfolio companies have employed over 7,500 people throughout North America. The Huron ExecFactorSM buy-and-build investment model includes equity recapitalizations, family succession transactions, market-entry strategies, corporate carve-outs and management buyouts of companies having revenues up to $200 million. Huron’s sector focus includes specialty manufacturing, business services, consumer goods & services, and healthcare. For more information, please visit www.huroncapital.com.
About JENSEN HUGHES
JENSEN HUGHES, Inc. (JENSEN HUGHES) is the global leader in specialty engineering consulting services for the built environment. The company’s engineers, consultants and scientists develop innovative and cost effective solutions involving fire protection systems design and analysis, code consulting, hazard and risk assessments, forensic engineering, fire research, development and testing, commissioning and security services. Operating from offices in North America, Asia and the Middle East, JENSEN HUGHES consulting teams participate on projects around the world. For more information call 410.737.8677 or visit jensenhughes.com.
SOURCE Huron Capital Partners LLC
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