PMCL sold to CDM

Our first sell-side client, Planning and Management Consultants, Ltd. (PMCL) was referred to us following a failed transaction process conducted by a national firm. Organized as a Sub-S ESOP entity with 40+ owners, PMCL represented interesting opportunities and unique challenges, including exceptionally high customer concentration. Upon completion of a rigorous, competitive process, PMCL’s Board of Trustees entered into an agreement to sell 100% of the shares of PMCL for cash to CDM (Camp Dresser McKee), an international engineering consultancy and a 4,000 + employee owned organization that shared common values. Post transaction, PMCL’s expertise was deployed across the larger organization, in domestic and international markets, providing PMCL’s staff new and challenging opportunities otherwise not attainable.

Other Transactions