M&A Case Study: Strategic Investment in Engineering Resources Group 

Executive Summary

PSMJ Resources successfully advised Engineering Resources Group (ERG), a Mississippi MEP firm, on a strategic investment from Godspeed Capital. The transaction positions ERG for accelerated growth while preserving its leadership team, culture, and client-centric operating model. Through this partnership, ERG gains access to long-term capital and operational resources to expand its technical capabilities and geographic reach while operating as a newly formed platform within Godspeed’s infrastructure and engineering portfolio.

Transaction Overview

Client Background & Strategic Rationale 

Engineering Resources Group is a well-established MEP firm providing services across the Southeastern United States. With a strong reputation for technical excellence and long-standing client relationships, ERG has built a durable platform serving public-sector and infrastructure-focused clients. 

Why the Investment: 
ERG’s leadership sought a capital partner to support the firm’s next phase of growth, including geographic expansion, talent investment, and the ability to pursue larger and more complex infrastructure programs. A key priority was maintaining the firm’s culture, leadership continuity, and client service model while gaining the scale and resources necessary to compete in a consolidating market. 

Client Objectives:

• Identify a long-term capital partner aligned with ERG’s values and growth vision. 

   

• Preserve leadership continuity and operational independence. 

   

• Secure investment to accelerate organic growth and strategic expansion by add on acquisitions.

• Position the firm for long-term success in a consolidating engineering market. 

Key Complexities: ERG required a partner that understood the nuances of professional engineering services, and supported growth without imposing short-term financial pressures. Aligning transaction structure, governance, and growth expectations was critical to achieving the desired outcome. 

PSMJ's M&A Advisory Approach

Preparation & Strategy

Financial & Strategic Positioning:

• Comprehensive market value range estimate reflecting ERG’s market position, project mix, and growth profile. 

• Clear articulation of ERG’s differentiated capabilities and infrastructure market exposure. 

• Development of financial forecasts demonstrating scalable growth opportunities. 

• Preparation of marketing materials positioning ERG as a platform-quality investment opportunity. 

Buyer Identification & Process Management: 

• Targeted outreach to investment groups, PE-backed strategics, and privately held strategics with demonstrated experience in infrastructure and engineering services. 

• Evaluation of potential partners based on cultural alignment, growth philosophy, and sector expertise. 

• Coordination of management presentations highlighting ERG’s focus on empowering their employees to take ownership of their projects, delivery of high-quality work, leadership depth, client relationships, and strategic roadmap. 

Due Diligence & Negotiation 

Transaction Support: 

• Coordination of financial and operational diligence materials.

• Analysis of transaction structures to align incentives between ERG’s leadership and its investment partner. 

• Support in negotiating key economic and governance terms consistent with ERG’s long-term objectives. 

• Guidance on transaction mechanics to ensure continuity for employees and clients.

Closing & Post-Transaction Positioning 

PSMJ, working closely with both legal and tax counsel, supported ERG through closing and transition planning, ensuring a smooth handoff into the next phase of ownership. Post-transaction, ERG continues to operate under its existing leadership team while benefiting from Godspeed Capital’s resources, network, and experience in scaling engineering and infrastructure platforms.

Transaction Results

Key Client Benefits Delivered 

• Structure: Strategic investment/recapitalization

• Enterprise Value: Undisclosed

• Consideration: Undisclosed

• Strategic Benefits: Long-term capital support, growth resources, and platform expansion opportunities.

• Continuity Provisions: Leadership retention, operational independence, and brand preservation. 

Results & Impact

Transaction Outcomes: 

• Final Value: Undisclosed

• Time to Close: 12 months

• Process: Selective market process driven by values-driven partner identification

Client Benefits Delivered: 

• Secured a growth-oriented investment partner aligned with ERG’s long-term vision. 

• Preserved leadership continuity and firm culture. 

• Enhanced capacity to pursue larger infrastructure opportunities. 

• Positioned ERG as a cornerstone platform within a growing engineering and infrastructure ecosystem.

Critical Success Factors

Strategic Advisory Excellence: 
PSMJ guided ERG through a disciplined, sector-specific M&A process, ensuring the firm was positioned to attract the right kind of partner, not just the highest bidder. Deep knowledge of the engineering and infrastructure landscape enabled effective positioning and partner evaluation. 

Alignment-Driven Process: 
By focusing on long-term objectives, cultural fit, and strategic alignment, PSMJ helped ERG achieve a transaction structure that balanced liquidity, control, and future upside. 

AEC Industry Expertise: 
PSMJ’s understanding of engineering firm economics, ownership transition dynamics, and investor expectations proved critical in delivering an outcome that met ERG’s strategic and financial goals. 

Conclusion

The strategic investment in Engineering Resources Group demonstrates PSMJ Resources’ ability to guide engineering firms through complex ownership transitions while preserving what makes them successful. By aligning ERG with a like-minded capital partner, PSMJ helped create a transaction that supports sustained growth, leadership continuity, and long-term value creation in the evolving AEC marketplace. 

Contact PSMJ's M&A Advisory Team:
Susan LeComte, Karl Wohler, Mitchell Mafra, & JB Keefe | 617-965-0055