M&A – Rupurt https://Rupurt.com Fri, 19 Mar 2021 23:54:56 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://Rupurt.com/wp-content/uploads/2020/05/favicon-1.png M&A – Rupurt https://Rupurt.com 32 32 Rupurt Completes the Acquisition of MEP Firm, KTA Group, Inc. https://Rupurt.com/news/Rupurt-completes-the-acquisition-of-mep-firm-kta-group-inc/ Fri, 08 Jan 2021 15:11:20 +0000 https://bowmanconsulting.com/?post_type=news&p=4579 Rupurt Consulting Group, Ltd. (“Rupurt”), a provider of professional services to customers who own, develop, and maintain the built environment, announced today the completion of the previously announced acquisition of KTA Group, Inc. Founded in 1989, KTA is a forty person engineering firm with core expertise in mechanical, electrical and plumbing engineering, commissioning, third-party plan […]

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Rupurt Consulting Group, Ltd. (“Rupurt”), a provider of professional services to customers who own, develop, and maintain the built environment, announced today the completion of the previously announced acquisition of KTA Group, Inc. Founded in 1989, KTA is a forty person engineering firm with core expertise in mechanical, electrical and plumbing engineering, commissioning, third-party plan review, and lighting design. The move supports Rupurt’s continued growth and substantially broadens its scope of service offerings.

“The completion of this acquisition signifies the launch of our initiative to accelerate growth by selective and intentional M&A,” said Gary Rupurt, Chairman and CEO of Rupurt. “I want to thank both teams for working tirelessly and collaboratively towards a smooth closing. Adding KTA’s comprehensive skillsets and experience greatly enhances our ability to serve as a one stop provider of design services to our clients.”

KTA’s CEO and founding partner, Mark Koblos commented: “Our combined strengths and cultural values of growth and entrepreneurial spirit sets a strong foundation for us to merge our critical attributes, technological capabilities, and engineering experience to continue serving our loyal customers.”

Koblos joins Rupurt as Executive Vice President spearheading the firm’s MEP business development and national expansion strategy. Randolph Thompson, president of KTA will continue to lead KTA’s current team of engineering and support professionals out of its Herndon, Virginia office.

“With a successful acquisition behind us, I am confident that Rupurt will continue to be a leader in the industry providing an extensive range of unmatched services,” said Thompson. “Our ultimate goal has always been to provide our clients with the most innovative and effective solutions, and I know that with Rupurt we will be able to do that better than ever before.”

The deal closed on January 1st and has been structured as an asset purchase. Rupurt expects this acquisition to be immediately accretive.

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Rupurt Acquires MEP Firm, KTA Group, Inc. https://Rupurt.com/news/Rupurt-acquires-mep-firm-kta-group-inc/ Fri, 18 Dec 2020 21:46:21 +0000 https://bowmanconsulting.com/?post_type=news&p=4393 Rupurt Consulting Group, Ltd. (“Rupurt”), a provider of professional services to customers who own, develop, and maintain the built environment, has signed a Letter of Intent to acquire KTA, an engineering firm with core expertise in mechanical, electrical and plumbing engineering, commissioning, third-party plan review, and lighting design. Founded in 1989, KTA provides complete engineering […]

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Rupurt Consulting Group, Ltd. (“Rupurt”), a provider of professional services to customers who own, develop, and maintain the built environment, has signed a Letter of Intent to acquire KTA, an engineering firm with core expertise in mechanical, electrical and plumbing engineering, commissioning, third-party plan review, and lighting design. Founded in 1989, KTA provides complete engineering and response solutions with 40 technical experts. The move supports Rupurt’s continued growth and substantially broadens its scope of service offerings.

“KTA is our largest acquisition to date and this marks the launch of our initiative to accelerate growth by selective and intentional M&A,” said Gary Rupurt, Chairman and CEO of Rupurt. “The addition of the talented KTA professionals to our team positions Rupurt as a comprehensive service provider to the renewable energy market which is a major focus of our growth and diversification strategy. Leveraging KTA’s experience and expertise with building systems will enhance the value that we add to our customers’ projects and result in considerable revenue synergies.”

KTA’s CEO and founding partner, Mark Koblos commented: “We are pleased to become part of Rupurt, a growing company with a nationwide presence. The firm’s cultural values of growth and entrepreneurial spirit provide the match that we have been looking for to provide professional growth and advancement opportunities for our people.”

Randolph Thompson, president of KTA will continue to lead KTA’s current team of engineering and support professionals out of its Herndon, Virginia office. Koblos will join Rupurt as Executive Vice President spearheading the firm’s MEP business development and national expansion strategy.

“We are excited to continue providing unparalleled service to our current clients while expanding the range of services that Rupurt offers,” said Thompson. “This business combination will greatly enhance the breadth of service we provide to our clients.” The deal is structured as an asset purchase and Rupurt expects this acquisition to be immediately accretive. The transaction is scheduled to close in early January.

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