DENVER – SLATE Partners (SLATE) announced that its Principals advised Synergen Consulting International, LLC (Synergen) on its sale to IBA Holdings, LLC, an affiliate of Vidaris, Inc., a New York-based engineering and consulting services firm owned by Cortec Group.
Founded in 2001 and headquartered in Houston, Texas, Synergen is a multi-disciplinary international consulting firm that specializes in claims dispute resolution, litigation, expert witness testimony, and project advisory services to the construction industry. The Company’s proven track record and expertise has attracted a diverse base of blue-chip customers that serve a variety of end markets worldwide, including energy and industrials, oil and gas, transportation and infrastructure, commercial, institutional, maritime, hospitality, and more.
Bryan Byrd, Synergen’s President, remarked, “The SLATE Team provided outstanding support to Synergen throughout the entire transaction. During due diligence and negotiation, numerous challenges arose that required sound judgement, skilled management, technical expertise, and strategic guidance. SLATE provided a comprehensive approach that met the needs of each of these challenges. Every member of the SLATE Team was a pleasure to work with and demonstrated their dedication by working long days, nights, and weekends to keep the process moving and stay ahead of Synergen’s needs. Our executive team was so impressed and pleased with the hard work and skill that SLATE brought to the table, we will gladly recommend SLATE to others. Thank you to the entire SLATE team for the excellent service.”
Aaron Bachik, co-founder of SLATE Partners, commented, “This is the second completed transaction we have advised on within this industry niche in just the past year. There are numerous strategic acquirers actively seeking successful companies in this segment, though it is rare to find companies with as talented consultants and such a diverse base of blue-chip clients as Synergen. Representing great companies like this makes our job easy.”
Synergen received legal counsel from Liskow & Lewis, APLC.
