Long Point invests in Allnorth to back organic growth, acquisitions

Allnorth Consultants is a Kelowna, B.C.-based provider of engineering, project delivery and construction services to infrastructure, mining, oil and gas and pulp and paper sectors.

  • The partnership with Long Point will support Allnorth’s organic and acquisition-based growth
  • Allnorth is actively looking to acquire engineering, project delivery and construction services companies in North America with EBITDA of at least $2 million
  • Long Point targets companies in the professional services sector

Long Point Capital has invested in Allnorth Consultants, a Kelowna, British Columbia-based provider of engineering, project delivery and construction services to infrastructure, mining, oil and gas and pulp and paper sectors. No financial terms were disclosed.

On the transaction, Ira Starr, managing director at Long Point Capital, said in a statement, “We are proud to partner with Allnorth’s entrepreneurial leadership team. We view Allnorth as a great company based on its diverse market position, leading service offerings, strong management team, and growth-oriented culture.”

Norm Scherr, principal of Long Point, added, “We are excited to partner with the Allnorth team to enable them to continue to enhance the company’s service offering both organically and through acquisitions.”

Allnorth is actively looking to acquire engineering, project delivery and construction services companies in North America with EBITDA of at least $2 million.

Allnorth was founded in 1995. It has more than 750 employees and 21 locations across Canada, Mexico and the US.

Based in New York and Michigan, Long Point Capital is a private equity firm that targets companies in the professional services sector, typically with $5 million to $30 million in EBITDA.