Home Energy First Reserve acquires engineering firm CHA Consulting

First Reserve acquires engineering firm CHA Consulting

frFirst Reserve, a Stamford-based private equity investment firm focused on the energy industry, has acquired CHA Consulting Inc., an Albany, N.Y.-based engineering consulting firm focused on the North American market.

First Reserve acquired the company from Long Point Capital, a New York City private investment firm. Terms of the transaction were not disclosed.

“The investment in CHA is a continuation of our theme of investing in middle-market growth companies that we believe will benefit from long-term macro trends including the upgrade and replacement of aging infrastructure across the United States and Canada,” said Jeff Quake, managing director at First Reserve. “We are pleased to partner with CHA management to grow the business and deliver its full suite of service offerings to all of its diversified end markets.”

CHA was founded in 1952 and recorded $290 million in revenue during 2017. The company offers engineering, architectural, survey, construction, and other related services for public, private and institutional clients.

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release "Moby Dick: The Radio Play" and the upcoming "Jesus Christ Movie Star," both published by BearManor Media). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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