RTC Partners acquired Generational Equity client Simplus Management Corp. on June 29, 2018.

Based in Los Alamitos, Simplus Management provides professional program, project and construction management services to governmental agencies and to architect and engineering firms throughout Southern California.

RTC Partners, headquartered in New York City, is a private investment firm that partners with managers of middle market companies to unlock growth opportunities.

RTC Partners combined the Simplus Management acquisition with three other businesses to form Anser Advisory, its new portfolio company that specializes in capital program funding, program management, project management, construction management and executive advisory services nationwide. RTC anticipates continuing to grow Answer through acquisitions.

Generational Equity Senior Managing Director Stephen Crisham, with support from VP Chad Comroe, carried the deal to a successful close. Executive Managing Director Randy Kamin established the initial relationship with Simplus.

“This acquisition fit nicely into the strategy being implemented by the buyer,” said Crisham.

“It fit the line of business as well as the geographic market.”

Our M&A professionals take great care in supporting both our clients and professional buyers complete successful acquisitions like this that fit their goals and strategies.