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JENSEN HUGHES Completes Two Canadian Acquisitions
Detroit, MI – May 7, 2015 – Huron Capital Partners LLC (“Huron”) announced today that its portfolio company, JENSEN HUGHES, Inc. (“JENSEN HUGHES”), has acquired Toronto, Canada-based Randal Brown & Associates Engineering, Ltd. (“RBA”) and Vancouver, Canada-based Sereca Fire Consulting, Ltd. (“Sereca”). RBA and Sereca are highly strategic niche add-ons that strengthen JENSEN HUGHES’ capabilities as a global leader providing specialty engineering and consulting services in numerous vertical markets, including corporate real estate, education, healthcare, hospitality, institutional, industrial, power and transportation.
RBA has built a reputation for effective, meticulous, and technical precision, along with a dedicated approach to working with clients, developers, architects and government clients since 1984. Sereca has an equally solid industry presence and serves clients from its offices in Vancouver, Toronto, Calgary, and Singapore.
“Adding these two companies to our existing offering represents a new force in lifecycle consultancy services for clients all over the world. In order for our practice to continue its recent growth, we needed to add these skilled and complementary services to fulfill our clients’ requirements,” said Dave Boswell, JENSEN HUGHES President of North American Operations. “Both RBA and Sereca provide JENSEN HUGHES with a strong presence in the Canadian market, as well as staff with vast experience and widespread technical expertise.”
Peter Senez, Sereca’s founder and a well-respected authority in code consulting and fire protection engineering, is expected to be instrumental in continuing to roll out the company’s Canadian footprint. He is an author, industry committee chair, and frequent lecturer in his field and has been involved for many years in the development of codes and standards at the provincial, national, and international levels.
Huron originally invested in JENSEN HUGHES (then known as Hughes Associates) in May 2011, and was attracted to its market-leading position in the fire protection engineering specialty and ability to serve as a platform for growth.
“These important tuck-ins further our buy-and-build strategy and allow us to bring additional resources and complementary service offerings in a new and strategically important geographic market. We feel strongly that these partnerships help JENSEN HUGHES meet the evolving needs of its clients,” said Peter Mogk, Huron Senior Partner.
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.
