NEWPORT BEACH, CA – Meritage Partners, Inc. (“Meritage”), a leading AEC, middle-market mergers and acquisitions advisory firm, is pleased to announce the successful merger of San Diego, California based DEC Engineers (“DEC”) to DC Capital Partners (“DCCP”) a sector-focused private equity firm that invests in middle market companies in the Government and Engineering markets. The transaction closed in Q1 of 2022. Meritage Partners was retained as DEC’s exclusive M&A advisor and was pivotal in maximizing the enterprise value for the client. The transaction was led by Brian T. Franco, Founder and Managing Partner, where his 20+ years of experience helped guide both parties to a mutually beneficial acquisition.
Meritage was advising the partners of DEC on an exit strategy with the focus and emphasis of ensuring the continuity of growth for the business team and building a custom pathway for each of the shareholders. The strategy was clear and Meritage acted swiftly and strategically to align DEC at the intersection of DCC’s strategy to build out a meaningful mechanical, electrical, and plumbing (“MEP”) platform on the West Coast. The result of Meritage’s “sharp shooter” approach provided another successful transaction that increased valuation for both parties and set the trajectory to scale a multidisciplinary engineering team on the West Coast.
DEC was incorporated in January 2000 and is located in Miramar, California with a staff of 35 full-time employees including Professional Registered Engineers, Certified Commissioning Agents, LEED Accredited Professionals and many dedicated employees.
About Meritage Partners
Based in Newport Beach, California, Meritage Partners is a mergers and acquisitions advisory firm serving SMBs in a variety of industries throughout North America. Its advisors are made up of accomplished and experienced entrepreneurs with over 130 years of collective experience. Meritage’s team has advised on over $2.0 billion of successful M&A transactions with strategic companies, private equity firms, family offices, and public companies.