November 11, 2024
Translink Corporate Finance in the United States initiated the investment in Tectonic Engineering Consultants, Geologists & Land Surveyors, D.P.C. (Tectonic) and its affiliates by Good Springs Capital LP (Good Springs), a private investment firm focused on partnering with founders, families, and entrepreneurial management teams in the industrial and services sectors.
Headquartered in Mountainville, New York, Tectonic is a leading multi-disciplined engineering firm focused on the transportation, telecommunications, energy, and water infrastructure end markets. The company’s comprehensive offerings, which include engineering and design, environmental and regulatory permitting, construction management, special inspections and materials testing, and surveying, allow it to support public and private sector clients throughout the project lifecycle. With multiple offices and two in-house material testing laboratories, Tectonic employs over 500 professionals comprised of civil, environmental, geotechnical, and structural engineers as well as construction managers, inspectors, geologists, planners, scientists, and surveyors.
David Van Geyzel, Managing Partner of Good Springs, stated, “Over the past 38 years, under the leadership of Donald Benvie and Richard Kummerle, Tectonic has grown its business and reputation by being responsive to clients and providing them with high-quality engineering services and advice. We believe the company has strong business momentum and numerous actionable opportunities to pursue in its attractive end markets, many of which are being driven by the need to repair and replace aging infrastructure. We are excited to assist Tectonic as it embarks on its next chapter of expansion and look forward to partnering with the entire Tectonic team.”
“This transaction is an important milestone in Tectonic’s history,” commented Donald Benvie, Tectonic’s co-founder and CEO. “Richard and I would like to thank all of our employees for their dedication and efforts in building the company to where it is today. We are proud of how far Tectonic has come and are excited by the opportunities this new partnership with Good Springs will bring. The Good Springs team’s approach to business, their experience investing in and scaling entrepreneurial companies such as ours, and their capacity for making follow-on capital investments will unleash our ability to grow beyond the markets and geographies we currently serve, all while maintaining the client-focused approach that has led to our success.”
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Dinan is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 35 years of advisory and merchant banking experience dedicated to middle-market transactions.