Anser Advisory Announces H.R. Gray Acquisition, Expanding Market Expertise & Geographic Coverage
Orlando, FL.–(BUSINESS WIRE)- May 5, 2020 — Anser Advisory (Anser), ranked 25 in ENR’s 2019 Top 50 Program Management Firms and 47 in ENR’s 2019 Top 100 Construction Management-for-Fee Firms, has announced the acquisition of H.R. Gray, a 76 employee owner’s representative, construction management and dispute resolution firm based in the Midwestern United States.
H.R. Gray was originally founded in 1979 to serve the then increasing demand for responsive, cost-effective construction management services for a range of projects and construction disputes. For the last 8 years, H.R. Gray has operated as a wholly owned subsidiary of The Haskell Company (Haskell), a global provider of integrated design, engineering, construction, and professional services.
According to Bryan Carruthers, CEO of Anser, “Our firms share aligned values and a shared dedication to our employees, our clients, and providing industry leading project, program and construction management services. H.R. Gray’s legacy in Ohio and Pennsylvania, as well as their deep expertise in managing water and wastewater projects are strategic additions to the existing areas of expertise at Anser.”
“We are thrilled to join the Anser family,” said Tom Merritt, President of H.R. Gray. “I cannot imagine a better opportunity for us to continue to build on our capabilities and passion for delivering high quality solutions for our clients while creating exciting opportunities for our staff to grow their careers.”
Tony Brindisi, Co-Founder and Managing Partner at RTC Partners, said, “We are very pleased to welcome the entire H.R Gray team to the Anser family. In these challenging times, we feel fortunate for this opportunity to add strength and diversity to the Anser organization. We believe this transaction will broaden opportunities for employees, enhance the service offering to our customers and create value for all stakeholders.”
About Anser Advisory
Anser Advisory is a national firm specializing in capital program funding, program management, project management, construction management, and executive advisory services. Anser has offices in Santa Ana, CA, Los Angeles, CA, Cypress CA, Boston MA, Orlando FL, San Francisco CA, Atlanta GA, Clinton, NJ, Philadelphia, PA, and now Pittsburgh, PA, and multiple additional locations throughout Ohio. The firm provides services to clients across the country in industries that include transportation, higher education, K-12 education, aviation, housing, industrial, federal, state, local government, healthcare, hospitality, energy, solid waste, and water. For more information about Anser please visit: anseradvisory.com
Anser Advisory operates as a portfolio company of RTC Partners, LP (RTC). RTC is a New York based private equity firm that partners with managers of middle market companies to unlock growth opportunities. Further information is available at www.rtcpartners.com
AEC Advisors, LLC initiated the transaction and acted as Haskell’s advisor. Barnes and Thornburg, LLP acted as legal counsel and BDO USA, LLP acted as financial and tax advisor on behalf of RTC Partners and its affiliates.
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