Jacmel Growth Partners and Musick Capital Invest in Arora Engineers
August 10, 2022
Jacmel Growth Partners, alongside Musick Capital, has made a minority growth investment in Arora Engineers, including its subsidiaries EDI and Arora Systems Group, providing strategic capital to support Arora's long-term growth initiatives. The transaction is financed in part by KeyBank; Arora will continue to be led by President and CEO Manik Arora and will retain its minority-owned business status.
- Buyers
- Jacmel Growth Partners, Musick Capital
- Targets
- Arora Engineers, LLC, EDI, Arora Systems Group
- Industry
- Engineering Services
- Location
- Pennsylvania, United States
- Transaction Type
- Growth capital
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