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Completed Transactions > Construction and Engineering > GXT Acquired By LJA Engineering, Inc.

GXT Acquired By LJA Engineering, Inc.

GXT

Date

Dec 2020

Region

Texas

We are pleased to share the sale of GXT, Ltd., to LJA Engineering, Inc. The acquisition closed December 2, 2020.

Founded in 2001, and located in Richardson, Texas, GXT, Ltd. (GXT) is a leading pioneer in telecommunications design and is a project management consulting firm. As a well-known leader in the telecommunications industry, they provide innovative solutions to deploy projects in a timely manner and within budget.

GXT’s highly decorated team has over 300 years of combined quality telecommunications experience stretching across the U.S. and can execute quality projects within their deadline-driven profession.

GXT offers both turnkey and individual consulting services as they continue to design sustainable telecommunications infrastructure for their clients. With a growing global telecommunication infrastructure on the horizon, they are committed to creative and effective network development.

LJA Engineering, Inc. (LJA) is an employee-owned, multi-discipline engineering firm with experience in telecommunications and utilities design, as well as right of way acquisition.

LJA has 37 offices across Texas, Oklahoma and Florida, and offers civil, transportation, midstream, rail, structural, electrical, and coastal engineering services, including environmental consultancy and surveying. LJA is ranked #65 in ENR National’s Top 500 Design Firm list, and was named the 2019 Design Firm of the Year by ENR Texas & Louisiana.

Generational Equity Executive Managing Director of M&A - Central Region, Michael Goss, and his team, led by Managing Director, M&A, Luan Ly, successfully closed the transaction. Senior Managing Director David Robinson established the initial relationship with GXT.

"It is truly amazing to see two groups mesh so well culturally and have similar visions going forward,” said Ly.

“I was equally impressed to be there for the deal announcement since it was well-presented and well-received by employees and there could not have been a better outcome than this one."

If you’d like to explore other transactions our associates have supported in this industry, visit our dedicated Business Services M&A Deals page.

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