Signal Hill invests in merger of McIntosh Perry and CCI Group

Canadian private equity firm Signal Hill Equity Partners has invested in the merger of CCI Group Inc and McIntosh Perry Consulting Engineers Ltd. No financial terms were released. The combination of the Canadian engineering specialists creates “a unique platform as we grow into a pre-eminent national engineering services company,” James Johnson, managing partner of Signal Hill, said. The new company, called McIntosh Perry Consulting Engineers Ltd, will provide consulting engineering services and technical solutions to private and public sector clients across Canada. Signal Hill raised $142 million in the close of its third mid-market fund in May 2015.

PRESS RELEASE

Signal Hill Provides Investment to Support McIntosh Perry and CCI Group Merger

TORONTO – October 5th, 2016 – CCI Group Inc., (CCIG) a national team of respected building science and environmental engineering experts, and McIntosh Perry Consulting Engineers Ltd. (MPCE), a multi-disciplinary engineering firm based in Eastern Ontario, today announced the combination of the two companies. “The management teams of MPCE and CCIG have done a tremendous job building leading engineering companies in their respective sectors,” said James Johnson, Managing Partner of Signal Hill. “Their combination will create a unique platform as we grow into a preeminent national engineering services company.” Signal Hill provided growth capital to facilitate the transaction.

The new company, called McIntosh Perry Consulting Engineers Ltd., has more than 450 professional and technical staff in nine locations across the country, and provides a wide range of services to clients in both the private and public sectors.

“This is the next step in our plan to become the premier engineering firm in Canada,” said Gus Sarrouh, CEO, McIntosh Perry Consulting Engineers Ltd. “McIntosh Perry and CCIG operate in different, but complementary sectors. Both firms have been on similar trajectories for the past few years and share a common set of goals and values. Merging the two firms will diversify our service offerings, expand our geographical reach and enhance our client service.”

“We are very excited for this change,” said Todd Perry, Vice Chairman of McIntosh Perry Consulting Engineers. “This union opens up new windows of opportunity for both companies. By combining our two firms together, we will be in a strong position for future growth. We are pleased to find a company that also shares our strong focus on client satisfaction, technical expertise and providing high-quality services.”

CCIG provides services that cover all stages of the building lifecycle, from the initial environmental and property condition assessment to design and inspection during construction to decommissioning and pre-demolition. MPCE’s work in civil engineering, contract administration and inspection services for infrastructure related projects has earned the firm a reputation as a company that completes projects in a cost-effective and timely manner.

The new company, McIntosh Perry Consulting Engineers Ltd., offers a full range of consulting engineering services and technical solutions encompassing every stage of a project, including surveying, environmental and geotechnical engineering, building science, contract administration, project management, municipal engineering and land development engineering and planning. McIntosh Perry now has more than 450 engineers, project managers and technical experts across its offices Toronto, Ottawa, Kingston, Perth, Pembroke, Oakville, Montreal, Calgary and Vancouver.

About Signal Hill Equity Partners

Signal Hill is a Canadian-based private equity firm managed by a team of professionals who have completed over 100 transactions investing, building and growing private companies into exceptional businesses. Signal Hill targets traditional businesses in its five key verticals: business & consumer services, specialty manufacturing, building products, resource services and food and consumer products.

For further information on Signal Hill, please contact:

James Johnson
Tel: 416-847-1170
jjohnson@signalhillequity.com

Imran Siddiqui
Tel: 416-847-1172
isiddiqui@signalhillequity.com

Photo courtesy of McIntosh Perry Consulting Engineers Ltd