Key Takeaways
- • Altamont Capital Partners made an equity investment in CESO, an architecture and engineering services firm based in Dayton, Ohio; terms were not disclosed.
- • LeadWise, CESO's parent company, remains a significant investor in the business following the transaction.
- • AEC Advisors advised Altamont, Capstone advised CESO, and BMO and Churchill Asset Management provided financing.
- • CESO, founded in 1987, has about 600 employees across 16 offices and serves national customers such as distribution centers, auto dealerships, convenience stores and grocery stores.
- • Altamont plans to help CEO Steve Olson and his team add talent, expand geographically and enter new end markets.
Summary
Altamont Capital Partners has made an equity investment in CESO, an architecture and engineering services firm headquartered in Dayton, Ohio. The company's parent, LeadWise, remains a significant investor following the deal. Terms were not disclosed.
AEC Advisors advised Altamont on the transaction, while Capstone advised CESO. BMO and Churchill Asset Management provided financing for the investment.
CESO designs, engineers and surveys sites for companies that build and remodel at multiple locations nationwide, including distribution centers, auto dealerships, convenience stores and grocery stores. Its services span architecture, civil engineering, mechanical, electrical and plumbing engineering, surveying and development. Founded in 1987, the firm employs about 600 people across 16 offices.
Altamont plans to support CEO Steve Olson and his team in adding talent and capabilities, expanding geographically and entering new end markets. Wandé Olabisi, a managing director at Altamont, said CESO can deliver consistently across hundreds of locations for national customers, a capability she highlighted as central to the investment thesis.
AEC Advisors advised Altamont on the transaction, while Capstone advised CESO. BMO and Churchill Asset Management provided financing for the investment.
CESO designs, engineers and surveys sites for companies that build and remodel at multiple locations nationwide, including distribution centers, auto dealerships, convenience stores and grocery stores. Its services span architecture, civil engineering, mechanical, electrical and plumbing engineering, surveying and development. Founded in 1987, the firm employs about 600 people across 16 offices.
Altamont plans to support CEO Steve Olson and his team in adding talent and capabilities, expanding geographically and entering new end markets. Wandé Olabisi, a managing director at Altamont, said CESO can deliver consistently across hundreds of locations for national customers, a capability she highlighted as central to the investment thesis.
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