Stambaugh Ness Advises AVID Group on Acquisition by McAdams

November 20, 2024

AVID Group (logo) Acquired by McAdams (logo) SN Adviosed AVID Group on All Aspects of the Transaction October 2024SN Delivers Comprehensive M&A Advisory for AVID Group

Stambaugh Ness  (SN), a leading M&A advisor for architecture and engineering firms nationwide, is pleased to announce its role as exclusive advisor to AVID Group® in its recent acquisition by McAdams.

A Strategic Partnership for Growth

The acquisition strengthens McAdams’ position in the Southeast and expands its expertise in handling complex commercial and retail projects. AVID Group, a well-respected Central Florida (Tampa/Orlando) civil engineering firm, brings with it strong local knowledge and a proven track record in land development, complementing McAdams’ existing expertise.

SN’s Expert M&A Guidance

SN’s Mergers & Acquisitions team, led by Jeff Adams, CPA, CM&AA, provided comprehensive advisory services to AVID Group throughout all aspects of the transaction, including:

  • M&A Valuation
  • Deal Structuring & Negotiation
  • Due Diligence & Closing Support

“We are honored to have advised AVID Group on this important transaction,” said Jeff Adams, CPA, CM&AA. “The combined firm is well-positioned to provide clients with exceptional planning, design, and engineering services.”

About Stambaugh Ness
Stambaugh Ness (SN) is a multi-disciplinary professional services firm that empowers architecture, engineering, and construction (AEC) firms to achieve their business goals. From strategic advisory to mergers and acquisitions (M&A) consulting, SN provides tailored solutions to help clients succeed in a competitive marketplace.

About AVID Group
Established in 1991, with offices in Tampa Bay and Orlando, AVID Group, LLC, has built a reputation as experts in Florida for the commercial and retail sectors. Known for their commitment to client relationships, AVID strives to provide its clients the best solutions, exceptional service, and results.

About McAdams
Founded in 1979, McAdams is a full-service civil engineering, land planning, landscape architecture, transportation, and geomatics firm headquartered in Raleigh, North Carolina with offices in RaleighDurhamCharlotte, and Winston-Salem, North Carolina, and Dallas-Fort Worth, Texas. McAdams is passionate about providing unique and engaging experiences for its clients and its clients’ clients. McAdams understands the importance of a lasting impression and strives to bring life to the collective vision for project success. McAdams’ engineering expertise and other integrated services help provide efficient and effective solutions to serve its clients’ project needs. McAdams cares about the end product and shares its clients’ goals.