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Anser Advisory Acquires Cambridge Construction Management to Expand Northeast Presence

May 23, 2019

ORLANDO, Fla.--(BUSINESS WIRE)--May 23, 2019--

Anser Advisory (Anser) has announced the acquisition of Cambridge Construction Management, Inc. (Cambridge), a premier program and construction management services firm based in Clinton, New Jersey that specializes in providing professional services to public and private sector clients. The Cambridge team adds to Anser’s ability to serve clients in the Northeast region, specifically New Jersey, Pennsylvania and New York, and deepens the Higher Education and K-12 expertise of Anser.

Cambridge has maintained a reputation of providing industry leading, client-dedicated services in overseeing the successful delivery of complex projects while representing and protecting the client’s best interests. Though Cambridge’s focus has primarily been the New Jersey education market for over 22 years, the firm’s clients also include state, county, local government, senior and low income housing, select private, and ecclesiastical clients.

Dan Connelly, Vice President of Operations with Cambridge since the firm’s inception over two decades ago, will serve as the Managing Director for the New Jersey office moving forward.

“Our acquisition of Cambridge Construction Management complements our program management offerings, combining industry expertise and geographic presence to forward our goal of becoming the leading destination for capital program advisory talent in the industry.” said Bryan Carruthers, Chief Executive Officer of Anser Advisory. “Cambridge’s high quality and experienced staff of construction advisory professionals align with our culture and core values. We are pleased to have them continue to grow their careers as part of our growing Anser family.”

About Anser Advisory

Anser Advisory is a national firm specializing in capital program funding, program management, project management, construction management, and executive advisory services. With offices in Cypress CA, Boston MA, Orlando FL, San Francisco CA, Atlanta GA, and now Clinton, New Jersey the firm provides program advisory services to clients across the country in industries that include transportation, higher education, K-12 education, industrial, federal, state, local government, healthcare, hospitality, and housing. For more information about Anser please visit: www.anseradvisory.com

Anser Advisory operates as a portfolio company of RTC Partners, LLC. RTC Partners, LLC 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

Stradling, Yocca, Carlson and Rauth, P.C. acted as legal counsel and BDO USA, LLP acted as financial and tax advisor on behalf of RTC Partners and its affiliates.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190523005625/en/

CONTACT: Anser Advisory

Caroline Kendall, 407-897-5354Press Contact:marketing@anseradvisory.com

KEYWORD: UNITED STATES NORTH AMERICA FLORIDA NEW JERSEY

INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE OTHER PROFESSIONAL SERVICES CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Anser Advisory

Copyright Business Wire 2019.

PUB: 05/23/2019 12:30 PM/DISC: 05/23/2019 12:31 PM

http://www.businesswire.com/news/home/20190523005625/en

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