The partnership marks a significant transition for CAI, which has spent over three decades providing technical expertise in commissioning, qualification, and validation. With the backing of JLL Partners—a firm with a $9 billion investment history—CAI plans to accelerate its acquisition strategy and enhance its service offerings for a workforce of more than 700 professionals. Growth equity firm NewVale Capital also participated in the transaction as an investment partner.
CEO Sheena Dempsey emphasized that the deal aligns with CAI’s existing business strategy, specifically targeting new geographies and technological advancements. CFO Phil Pursifull noted that the capital injection arrives amid high customer demand, positioning the firm to bolster its internal culture and training programs. Financial advisory services for the transaction were provided by Bourne Partners and Stifel for JLL, with Stout representing CAI.
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