Long Point Capital acquires minority stake in EYP
Long Point Capital, a private equity group, acquired the minority share in EYP Architecture + Engineering for an undisclosed amount of money.
EYP Architecture + Engineering announced that Long Point Capital, a New York-based private equity group, acquired a minority interest in the privately held firm. With 325 professionals located in six offices across the country, EYP provides both stand-alone and integrated architecture and engineering design, master planning, and energy services to a wide variety of prominent public and private clients. Financial details were not disclosed.
Long Point Capital is a private equity fund with offices in New York and Michigan. With $315 million of capital under management, its focus is partnering with successful entrepreneurs of middle market businesses to help them achieve their strategic goals.
- Edited by Chris Vavra, Consulting-Specifying Engineer, www.csemag.com