DC Advisory advised Bridgepoint on the acquisition of Hill International's Construction Claims Group

Construction Claims Group (CCG), a division of Hill International, the US-listed construction consultancy, is the global leader in managing construction risk.

DC Advisory (DC) was engaged by Bridgepoint Development Capital (BDC) to provide M&A and acquisition finance advice on the carve-out and acquisition of CCG from Hill International.

DC worked closely with BDC throughout the process, assisting with commercial negotiations, providing valuation and strategic advice as well as sector and financial modelling expertise.

DC’s role included advising on the complexities of a cross-border corporate carve-out and developing an investment thesis based on expansion of core competencies, growth into adjacent markets and a sector buy-and-build opportunity.

BDC acquired the business for $147m in December 2016. The transaction is expected to complete in Q1 2017.

DC’s tactical advice, sector knowledge and ability to secure an attractive debt package were instrumental to the success of this highly complex transaction. With their experience, DC were able to guide us effectively through the diligence and carve-out process. We valued highly their judgement at key moments and have been impressed by their professionalism and dedication to the transaction. We look forward to working with the team again soon.

We are delighted to have advised BDC, one of DC’s key private equity relationships, on this acquisition. This transaction further enhances our credentials in the professional services sector and we look forward to working with BDC and management again in the future as CCG continues its growth as an independent company.