NewHold Enterprises Invests in PRIME AE Group
December 16, 2019
NewHold Enterprises, a long-term investment holding company, announced an investment in PRIME AE Group, a U.S.-based architecture and engineering firm. Financial terms were not disclosed; PRIME AE will continue to be led by President and CEO Kumar Buvanendaran (who remains the largest individual shareholder) while NewHold supports the firm's organic and acquisitive growth and national expansion.
- Buyers
- NewHold Enterprises, LLC
- Targets
- PRIME AE Group, Inc.
- Industry
- Engineering Services
- Location
- Maryland, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
PRIME AE Group Acquires Klavon Design Associates
February 16, 2026
IT Services
PRIME AE Group, a Platform Holdings-managed architecture and engineering firm, acquired Klavon Design Associates, a Pittsburgh-based landscape architecture and planning practice serving federal, state, local, and private-sector markets. The deal is intended to expand PRIME AE’s landscape architecture, planning, sustainability, and federal/Department of Defense capabilities.
-
PRIME AE Group Acquires Faller, Davis & Associates, Inc.
December 17, 2025
Engineering Services
PRIME AE Group, a Platform Holdings-managed engineering and architecture firm, has acquired Faller, Davis & Associates (FDA), a Florida-based civil engineering consultancy specializing in transportation and environmental services. The add-on strengthens PRIME AE’s Florida footprint, expands transportation and environmental capabilities, and enhances service capacity for state and municipal public-sector clients across key corridors.
-
PRIME AE Group Acquires Jacobi, Toombs & Lanz (JTL)
September 28, 2023
Engineering Services
PRIME AE Group, Inc., a NewHold company, has acquired Jacobi, Toombs & Lanz, Inc. (JTL), an integrated engineering, surveying, and construction services firm headquartered in New Albany, Indiana. The deal strengthens PRIME AE's Midwest presence and expands its Transportation and Water Resources engineering, surveying, and construction capabilities.
-
PRIME AE Acquires Prosser, Inc.
January 20, 2022
Engineering Services
PRIME AE Group, Inc. (a NewHold company) has acquired Prosser, Inc., a Jacksonville, Florida-based integrated planning and engineering firm. The deal expands PRIME AE’s geographic presence and service capabilities in Florida and the broader Southeast U.S. as an add-on to its existing platform.
-
PRIME AE Group Acquires Penza Bailey Architects
April 8, 2021
Professional Services
PRIME AE Group, a NewHold AEC company, has acquired Penza Bailey Architects, a Baltimore-based architecture firm. The acquisition brings PBA into PRIME AE as a studio, expanding PRIME AE's architectural capabilities and presence in the mid-Atlantic (K-12, higher education, justice, federal, commercial, and custom residential markets).
-
PRIME AE Group Acquires Integrated Engineering
November 16, 2020
Engineering Services
PRIME AE Group, the cornerstone company of NewHold AEC, has acquired Integrated Engineering, a 41-person Kentucky-based engineering and surveying firm. The add-on expands PRIME AE's capabilities and geographic presence in Kentucky and surrounding regions; financial terms were not disclosed.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.