Wind Point Partners Announces Two Acquisitions

Chicago, IL, October 14, 2020 – Wind Point Partners (“Wind Point”) and portfolio company The Kleinfelder Group, Inc. (“Kleinfelder”), a leading engineering, construction management, design, and environmental professional services firm, are pleased to announce that Kleinfelder has acquired Poggemeyer Design Group, Inc. (“PDG” or “the Company”). The acquisition bolsters Kleinfelder’s existing service offerings and accelerates growth in new geographic areas.

Founded in 1968 and headquartered in Bowling Green, Ohio, PDG provides a full suite of design and engineering services including environmental, transportation, civil, structural, forensic, mechanical, and electrical solutions. The Company’s capabilities also include land surveying, architectural services, government construction management, and economic development and project finance consulting services.  In addition, PDG operates a water and wastewater services division offering laboratory testing and on call service technicians in several states. With over 50 years of experience and strong customer relationships, PDG serves a diverse range of end markets including the commercial, government, industrial, healthcare, and education sectors. PDG principally operates in the Midwest and Nevada with 10 office locations.

“We are excited to expand our business in the Midwest and strengthen our existing operations in Nevada with the acquisition of PDG,” noted Kleinfelder’s President and CEO Louis Armstrong. “In addition to adding technical expertise to core Kleinfelder services such as design, engineering, and construction management, PDG’s strong reputation and longstanding client relationships will accelerate Kleinfelder’s growth in strategic geographies and position the firm for expansion in new markets.”

Nathan Brown, Managing Director at Wind Point Partners, commented, “Our team identified PDG as a terrific fit for our growth strategy and value creation plan due to the Company’s proven track record of excellent project delivery, diverse client portfolio, and talented team of technical experts. We are thrilled to be partnering with the PDG leadership team as we pursue another phase of growth.”

With oversight from current PDG Board Chair Jack Jones, the PDG management team will continue to lead the Company’s operations as a part of Kleinfelder. “Kleinfelder is an industry leader with integrated service offerings that complement PDG’s strong technical capabilities,” Jones stated. “I’m optimistic about the momentum our combined strengths and resources will generate as we continue to deliver exceptional services to our existing clients and provide employees with new opportunities for professional growth.”

PDG represents the third acquisition for Kleinfelder since partnering with Wind Point in November 2018. Kleinfelder’s acquisition strategy will continue to focus on acquiring leading engineering, environmental and professional services firms with complementary employee-focused cultures and a trusted commitment to clients.

Winston & Strawn LLP served as legal counsel and KPMG provided transaction advisory and tax services to Kleinfelder. Morrissey Goodale served as sell-side financial advisors and Eastman & Smith LTD served as legal counsel to PDG.

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