Long Point Capital is pleased to announce that it has made a significant equity investment in BKF Engineers in partnership with management. With over 450 employees across 16 offices in California and Oregon, BKF provides civil engineering and land surveying services to a diverse group of public and private clients. With the support of LPC as a capital partner, BKF will continue operations under its current management team and will expand its platform, enhance its service offerings and expertise to clients, and support its expansion into new geographic markets. LPC will also support strategic M&A initiatives.
“This announcement isn’t just about a milestone; it’s about answering the call from our employees and clients to grow our service offerings and expertise,” said Greg Hurd, President and CEO of BKF Engineers. “By combining LPC’s resources with BKF’s leadership and exceptional team, strong industry relationships, and reputation, we’ll create new opportunities for our team to better serve our clients and positively impact the communities we call home. We’re thrilled to embark on this exciting new chapter and remain dedicated to delivering inspired infrastructure that is functional and enhances the quality of life across the West Coast.”
Ira Starr, Founding Partner at Long Point Capital commented, “We are very proud to partner with BKF and its leadership team. We look forward to working with the management team to grow the company’s service offerings and end-markets both organically and through acquisitions. Our focus is to continue to delight our clients and provide growth opportunities for our employees.”
Matheson Advisors served as financial advisor to BKF Engineers.
Add-On Acquisition Criteria
BKF is actively looking to acquire engineering, surveying, and construction management companies in the Western U.S. with EBITDA of at least $1 million. Please reach out with any acquisition ideas to Ira Starr at istarr@lpcfund.com, Will Albertus walbertus@lpcfund.com, or Jason Lui jlui@lpcfund.com.
About BKF Engineers
Founded in 1915, BKF Engineers is a leading civil engineering firm with a rich culture and history along the West Coast. The firm now boasts over 450 employees and operates 16 offices across the region. Renowned for its exceptional expertise in engineering, surveying, and grants and funding services, BKF Engineers is trusted by clients for its ability to plan, design, survey, and execute complex projects successfully. With over a century of experience, BKF Engineers leverages its diverse project portfolio and innovative design solutions to deliver sustainable and dynamic projects for communities and partners across the West Coast. For more information, please visit www.bkf.com.
About Long Point Capital
Long Point Capital, an investment firm, focuses on investments in professional services companies with highly capable management teams and strong growth prospects. Founded in 1998, Long Point Capital has a long history of serving as a value-added partner to founder, family, and management-owned companies. Typical platform companies have $5 million to $30 million in EBITDA. For more information, please visit our website at www.longpointcapital.com.