Feb 27, 2021

Capstone Advises Edgewater Technical on Recapitalization with Alaris Equity Partners

Capstone Headwaters, now Capstone Partners, advised Edgewater Technical Associates, an engineering staffing firm, on its recapitalization with Alaris Equity Partners.

Founded in 2003 and employing over 400 highly skilled professionals, Edgewater is a professional and technical services firm that supports the U.S. Department of Energy; organizations involved in the commercial nuclear industry in the U.S., UK, and Canada; and other private sector business involved in other high-hazard or complex operations. The Company provides subject matter expertise and staff augmentation support in specialty areas such as nuclear operations, nuclear safety basis, multidisciplinary engineering, regulatory compliance, waste management, and environmental remediation. Edgewater has five offices, with corporate headquarters in Los Alamos NM, and regional offices in Carlsbad NM, Oak Ridge TN, Aiken SC, and Hanford, WA.

This transaction enabled us to realize the value in the decades of hard work that have gone into building our business, and we are excited to pass the torch on to the next generation of leaders, in partnership with Alaris Equity Partners. The team at Capstone helped us anticipate and navigate the many issues that arise during a process like this, and we could not have reached the incredible outcome that we did without their guidance.

Michael KirkpatrickFounder, Edgewater Technical Associates

Capstone Managing Director, Bob Balaban, who led this transaction, added, “It was a privilege for us to represent such outstanding engineering services firm. The management team at Edgewater has worked tirelessly to grow the business into the market leader that it is today, and we are thrilled to have been a part of reaching the next step in their journey.”