Woolpert has new investment partner

Woolpert, an architecture, engineering and geospatial firm, announced that a New York-based limited partnership, MSD Partners, has agreed to invest in the company, with a previous investor exiting its position.

Financial terms of the transaction were not disclosed.

The investment is a step on the company’s journey to becoming a billion-dollar business in terms of revenue, said Scott Cattran, Woolpert’s president and chief executive.

“The vision we set for our company in 2015 was to become the premier global AEG and one of the best companies in the world,” Cattran said in a release Wednesday. “Since then, Woolpert has been designated as a ‘great place to work’ for five years in a row and doubled in size, adding multiple offices across the United States, Canada and Africa.”

Based in Beavercreek with more than 1,100 employees nationwide, Woolpert is a global provider of architecture, engineering, geospa- tial and strategic consult- ing services to public and private clients.

Said Cattran: “The future is incredibly bright for Woolp- ert clients and employees, and I look forward to shar- ing our continued story of success.”

“Woolpert fits seamlessly with MSD Partners’ strat- egy of partnering with talented management teams and investing in companies which are stable, well-posi- tioned in attractive markets and poised for continued growth,” Kevin Brown, co-head of MSD Partners’ Private Capital Group, said in the same release.

“We have been extremely impressed by the Woolpert platform and we are excited to partner with Scott and team in the next phase of their continued success,” added Chris Bertrand, a managing director in MSD Partners’ Private Capital Group.

In connection with the transaction, Long Point Capital will exit its invest- ment in the company. In late

Woolpert is based in Beavercreek with more than 1,100 employees nationwide.

2017, Woolpert completed a minority recapitalization with Long Point Capital.

Woolpert and Long Point Capital were advised by Lincoln International and

Houlihan Lokey, with legal support provided by Ropes & Gray LLP. Kirkland & Ellis LLP provided legal support to MSD Partners on the transaction.