GHK Capital Partners, a United States middle-market private equity firm, has acquired CPL, a Rochester, New York-based provider of architecture, engineering and consulting services for the built environment, according to Business Wire. Financial terms were not disclosed.

Founded in 1975, CPL operates as an integrated, multi-disciplinary firm offering more than 50 services across healthcare, education and civic infrastructure end-markets. The company employs over 500 professionals across 25 offices spanning eight states in the Northeast, mid-Atlantic and Southeast regions.

Gil Klemann, managing partner of GHK, said CPL has developed a reputation as a trusted advisor to asset owners navigating the life cycle of complex, multi-site facility networks. "Supported by a passionate and entrepreneurial staff, Todd and his team have built an impressive business with a foundation that is purpose built for growth," he stated.

Todd Liebert, chairman and CEO of CPL, said GHK brings a disciplined and thoughtful approach to building companies. "They understand our business, value our culture, and share our belief that long-term success comes from investing in people, strengthening capabilities, and serving clients well," he stated.

The partnership enables CPL to pursue expansion into new end-markets and geographies, strategic investment into technology initiatives and an active mergers and acquisitions programme. The strategy aims to build a national-scale firm under a unified CPL banner, underpinned by continued operational excellence in healthcare, education, municipal and industrial end-markets.

CPL serves as a trusted advisor through development, renovation, rehabilitation and maintenance of critical facilities. GHK was advised by Morrissey Goodale and AEC Advisors, and represented by Davis Polk & Wardwell. CPL was represented by Harter Secrest & Emery.

Explore the complete details on the acquisition and growth strategy in the full article.