Legence, a Blackstone Portfolio Company and an integrated provider of energy efficiency and sustainability solutions for the built environment, announced the acquisition of New York City-based national engineering services firm AMA Group. Founded in 2000, AMA Group is a 250-person firm with offices in New York City, Los Angeles, Miami and Madison, New Jersey.
Over the next several months, AMA will integrate into CMTA, Legence’s largest mechanical, electrical and plumbing (MEP) engineering services portfolio company. This deal marks Legence’s first acquisition in New York City, a priority market with a growing focus on building decarbonization.
“By championing building efficiency today, we are dramatically improving the possibilities of a healthier and more sustainable tomorrow. CMTA and AMA Group are leaders in their respective fields, and joining the firms will further establish Legence as a trusted partner in built environment decarbonization,” said Jeff Sprau, CEO of Legence. “We’re always seeking partners with aligned talents and values. The synergies between AMA and CMTA — and the synergies this new team brings to Legence — will provide best-in-class services to customers seeking the most efficient solutions for their facilities.”
The acquisition will expand Legence’s footprint into New York City, enabling the company to better support building owners and operators in meeting the stringent energy reduction mandates of Local Laws 87 and 97. In addition to expanding Legence and CMTA’s MEP and technology engineering capabilities, AMA brings new expertise in acoustic, lighting and immersive audio-visual design.
CMTA is a multi-service practice, offering a wide range of expertise to guide clients through energy-efficient, sustainable projects.
“By adding AMA Group to our family, we gain exceptional engineering talent and a strong experienced leadership team with a reputation for excellence in the New York City market where decarbonization policies create a great opportunity for CMTA and Legence,” said Jimmy Benson, CEO of CMTA.
AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services LLC, was the exclusive financial advisor to AMA Consulting.
