Capstone Partners advised CDI Engineering Solutions—a multi-disciplinary engineering organization and portfolio company of AE Industrial Partners—on its sale to Tata Consulting Engineers, a subsidiary of Tata Sons, the holding company of the Tata Group.
CDI Engineering Solutions provides critical engineering and product management services to companies and organizations in the energy, chemicals, and infrastructures sectors. Based in Houston, Texas, the company’s client base includes 75+ blue chip oil and gas, petrochemical, and chemical customers across the U.S., including Shell, Dow, Westlake, CF Industries, Tesla, and more. For more information, visit their website here.
Capstone was a true partner to CDI and AE throughout the transaction process. The execution team’s deep industry expertise and highly customized process led us to find the ideal strategic partner, in both culture, synergies and potential for growth. The Capstone team exceeded our expectations, and it was a pleasure to work with an expert-level team dedicated to finding the right future for CDI Engineering Solutions.
Ted Kinsman, Managing Director and Group Head of Capstone’s Energy Investment Banking team, commented, “It was a privilege to work with CDI and AE Industrial Partners to achieve a great result all around. The U.S. is in the midst of a massive and long-term energy transition and infrastructure expansion. Firms like CDI who have the fundamental expertise and capabilities are instrumental in helping energy and industrial companies successfully navigate that process.”
Graham Kantor, Principal of AE Industrial Partners, stated, “Capstone’s expertise and understanding of the energy and engineering markets helped us successfully navigate this complex sale process. The team handled every challenge with professionalism, and their hands-on approach and commitment to achieving the best outcome for CDI was evident throughout the process.”
Tata Consulting Engineers (TCE), a subsidiary of Tata Sons—the holding company of the Tata Group—is a multinational engineering firm based in India. TCE provides integrated engineering solutions from concept to commissioning. For more information, visit their website here.
Tata Group, the largest business conglomerate based in Mumbai, India, is comprised of over 30 companies across ten business verticals. For more information, visit their website here.
AE Industrial Partners is a private investment firm with $5.6 billion of assets under management focused on highly specialized markets including national security, aerospace and industrial services. AE Industrial Partners has completed more than 130 investments in market-leading companies that benefit from its deep industry knowledge, operating experience, and network of relationships across the sectors where the firm invests. With a commitment to driving value creation in partnership with the management teams of its portfolio companies, AE Industrial Partners invests across private equity, venture capital, and aerospace leasing. To learn more about AE Industrial Partners, contact us here.
The expert investment banking professionals on Capstone Partners’ Energy Investment Team work with leading middle market companies operating in the Engineering Services market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Energy Investment Banking Team, contact us here.
