The Vertex Companies acquires Xpera Inc.
The Vertex Companies Inc. has acquired Xpera Inc., a premier construction forensics, quality assurance, and real estate consultancy firm headquartered in San Diego. Xpera Group’s team is recognized as the West Coast’s most comprehensive team of construction expert witnesses, construction consultants, and strategic advisors for the built environment.
Zweig Group, a full-service AEC management advisory firm, represented selling firm Xpera in this transaction. Jamie Claire Kiser, Zweig Group’s managing principal, served as the firm’s lead advisor on the engagement.
“We see a great union of brands and thought leadership in the strategic combination of Xpera and Vertex,” Kiser said. “We congratulate both firms on their decision to grow together.”
For Xpera Group, Vertex provides the right fit, as it is an employee-owned company that offers the expanded resources of a multi-disciplinary firm throughout its more than 25 office locations.
“The cultural fit, energy, and compatibility of our two companies coming together will certainly enhance our ability to serve our clients, expand our services, provide greater growth potential for our people, and tap resources well beyond what would otherwise have been possible,” said Ted Bumgardner, founder and chairman of Xpera Group. “By joining forces with Vertex, we see an exciting future ahead, as the whole is truly greater than the sum of its parts.”
For Vertex, this acquisition augments its West Coast presence and expands its services in construction, forensics, and quality assurance.
“We could not be more excited about the acquisition of Xpera Group,” said Bill McConnell, CEO of Vertex. “Since my first meeting with Xpera’s executive team in San Diego, it was abundantly clear that our corporate cultures are in alignment, and Xpera’s various practices will complement and expand Vertex’s core services, particularly on the West Coast. Our mutual dedication to our clients, our teammates, and our commitment to deliver first-class professional services will allow us to continue our growth journey into the future.”
Xpera Group will join Vertex’s expanding team of consultants across North America and Europe, and its clients will now have access to Vertex’s suite of specialized services.
“Under the Vertex umbrella, our team will continue to bring the value our clients have come to rely on, while allowing us to expand the breadth of our services to meet additional client needs,” said Steve Grimes, president of Xpera Group. “We look forward to the many opportunities this partnership with Vertex will bring to our employees, our clients, and the AEC industry at large.”
ABOUT ZWEIG GROUP
Zweig Group, three times on the Inc. 500/5000 list, is the leading research, publishing, and consulting resource for the built environment. The firm provides strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search services nationwide. Zweig Group also provides a comprehensive suite of products including industry reports and surveys, executive training, and business conferences covering virtually every aspect of AEC firm management. The firm has offices in Dallas, Fayetteville, and Washington, D.C.
The firm’s mission, Elevate the Industry, has five tenets: promote, diversify, educate, change, and celebrate. Zweig Group’s vision is to facilitate action in pursuit of elevating individuals, firms, and thus the industry. More than a mission, this is a movement to advance the AEC profession, creating a world that celebrates the built environment and recognizes its impact on individuals, communities, and commerce.
For more information, zweiggroup.com or call (800) 466-6275.