COSTA MESA, Calif., Oct. 28, 2005, KRG Capital Partners LLC (KRG) has acquired Focus Corporation Ltd. (Focus), a multidisciplinary consulting firm based in Edmonton, Alberta. Transaction terms were not disclosed.
RSM EquiCo Capital Markets, the broker-dealer subsidiary of RSM EquiCo, initiated the transaction, led the negotiations and acted as exclusive financial advisor to Focus.
"KRG recognized Focus Corporation's commitment to both service and safety as well as its potential for future growth. This acquisition will allow KRG to expand upon the seller's existing geomatics and engineering services throughout Western Canada and the United States," said John Dorey, senior managing director of RSM EquiCo Capital Markets.
About RSM EquiCo Inc.
RSM EquiCo (www.rsmequico.com) is a global provider of investment banking services, primarily to private companies with annual revenues of up to $500 million. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives. RSM EquiCo's financial resources, in-depth research capabilities, industry knowledge, banking expertise and ability to access national and international buyer pools on behalf of clients are unmatched in the North American midsized business arena.
RSM EquiCo is part of RSM McGladrey Inc., a business segment of H&R Block. RSM EquiCo is licensed by the SEC and all state securities authorities, and is a member of the NASD and SIPC.
The firm's international headquarters are located in Costa Mesa, California. It also has offices in Chicago, New York, Boston and London.
About Focus Corporation Ltd.
Based in Edmonton, Alberta Canada, The Focus Corporation is a multidisciplinary consulting firm specializing in engineering, geomatics, planning and project management services to clients primarily in the oil and gas, infrastructure and land development sectors. Its services include, among others, planning, civil and environmental engineering, land surveying and mapping. Focus has developed an excellent reputation among its clients as a knowledgeable provider of outstanding services. The company is well regarded in the community and in recognition of the company's outstanding reputation and growth, Focus was selected as a member of Canada's 50 Best Managed Companies Program for 2002, 2003, and 2004, and was recognized as one of the 25 fastest growing companies in Alberta in 2002, 2003, and 2005.
Since its inception in 1977, Focus has expanded its geographic footprint, technical expertise and portfolio of services to enable the company to provide comprehensive solutions for engineering and geospatial projects throughout Western Canada. Today, the company employs over 600 employees in 14 offices located in strategic markets throughout Western Canada.
About KRG Capital Partners LLC
Founded in 1996, KRG is a private equity firm that specializes in acquiring and recapitalizing unique and profitable middle-market companies. The firm currently has approximately $1.5 billion in assets under management and seeks investment opportunities in which it can work in concert with owners and operating managers who are committed to expanding their companies and becoming industry leaders. The result is a partnership that creates a significantly larger enterprise through a combination of internal growth and complementary add-on acquisitions. Since inception, KRG has invested in 23 platform companies and has completed 61 add-on acquisitions for those platforms.