Pittsburgh, PA — National engineering, planning, and environmental consulting firm GAI Consultants, Inc. (GAI) today announced that Comvest Partners (Comvest), an operationally focused middle-market private investment firm, has made a strategic private equity investment in the company, in partnership with GAI’s leadership team and existing employee-owners. Financial terms of the transaction were not disclosed.

Founded in 1958, GAI delivers award-winning engineering, planning, and environmental expertise to power and energy, transportation, development, government, and industrial markets. GAI offers a unique blend of professional consulting disciplines and local experts, and its offices are organized to seamlessly mobilize staff and services from 24 locations across the Mid-Atlantic, Midwest, Southeast, and Texas. GAI’s staff are dedicated to earning clients’ trust, approaching every initiative with enthusiasm and integrity, delivering multifaceted services to meet the greatest challenges. These distinguishing characteristics will remain cornerstones of the GAI brand going forward.

GAI Chairman and CEO Gary M. DeJidas, PE, MBA, who will continue to lead the company alongside GAI’s existing leadership team, said, “This transaction marks an important milestone in GAI’s history. Our leadership team has been focused on enhancing the company’s long-term success, which is why we are excited to partner with Comvest to positively impact GAI’s growth. Our partnership will help extend GAI’s legacy as a platform company and create additional value for all of our stakeholders. We look forward to working together to increase GAI’s presence nationwide through strategic acquisitions, operational innovation, and leadership development.”

“GAI is a perennial leader with a sterling reputation and an impressive record of performance over its long history,” said Lee Bryan, a Senior Partner at Comvest. “Comvest believes GAI is especially well-positioned to capitalize on the opportunities ahead in the infrastructure services sector due to the strength of its significant capabilities and the expertise, client-focus, and commitment to excellence of its terrific employees. We are excited to invest meaningfully in GAI’s growth and to work with Gary and the rest of the team to execute the Company’s next phase of expansion.”

AEC Advisors LLC acted as financial advisor and Greenberg Traurig, LLP, served as legal advisor to GAI in connection with the transaction. Akerman LLP served as legal advisor to Comvest.

About Comvest Partners: Comvest is an operationally focused private investment firm that has provided equity and debt capital to well-positioned middle-market companies throughout North America since 2000. Through its private equity, direct lending and special opportunities investment platforms, Comvest offers tailored investment solutions across the capital structure, deep industry and operating expertise, a collaborative approach, and significant transaction experience as an active investor. Today, Comvest manages more than $7.7 billion in assets, and has invested over $8.7 billion since inception. Based in West Palm Beach, Comvest also maintains offices in Chicago and New York. For more information, please visit www.comvest.com.

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