On November 1, 2022 Excalibur Investment Banking is pleased to announce that Long Point Capital has partnered with management and made a significant equity investment in Allnorth Consultants Limited. With over 750 employees and 21 locations across Canada, Mexico and the U.S., Allnorth provides multi-disciplinary engineering, project delivery and construction services to a diverse group of private and public clients. The investment will accelerate Allnorth’s growth within North America.
“We are excited to partner with the Allnorth team to enable them to continue to enhance the Company’s service offering both organically and through acquisitions.”
“The capital and expertise our new partners bring to bear for Allnorth will be instrumental in the achievement of our strategic plan,” said Allnorth founder and CEO, Darby Kreitz. “Allnorth has stayed true to what we have always believed in – that our clients and professionals deserve our best. This is the foundation for our dynamic domestic and global operations today. Long Point Capital’s industry experience and successful track record in the engineering and construction services industry make them ideal partners for Allnorth.”
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Ira Starr, Managing Director at Long Point Capital, said, “We are proud to partner with Allnorth’s entrepreneurial leadership team. We view Allnorth as a great company based on its diverse market position, leading service offerings, strong management team, and growth-oriented culture.” Norm Scherr, Principal of Long Point Capital, added, “We are excited to partner with the Allnorth team to enable them to continue to enhance the Company’s service offering both organically and through acquisitions.”
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Excalibur Investment Banking served as financial advisor. Edward Novicky, Managing Director of Excalibur Investment Banking, was engaged by Long Point Capital to source and initiate the transaction. “Long Point Capital has one of strongest corporate cultures I have ever come across in the private equity world. They are dedicated to working with shareholders, employees, and investors to ensure that all constituencies benefit from partnering together and that the culture so integral to a company’s ongoing success continues to thrive. The partnership between Long Point Capital and Allnorth will greatly benefit all parties involved,” stated Edward Novicky.
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