Anser Advisory Acquires LaFata Contract Services as IMB Partners Exits
August 22, 2022
Anser Advisory, a portfolio company of Sterling Investment Partners, has merged with LaFata Contract Services (LCS), a King of Prussia, Pennsylvania-based utility project and construction management firm. As part of the transaction IMB Partners exited its investment in LCS; the combination creates a national utility services platform of roughly 1,100 employees and strengthens Anser's capabilities and geographic presence for grid modernization and clean-energy projects.
- Buyers
- Anser Advisory, Sterling Investment Partners
- Targets
- LaFata Contract Services (LCS)
- Sellers
- IMB Partners
- Platforms
- Anser Advisory
- Industry
- Construction
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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