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Benchmark International Successfully Facilitated the Transaction Between Ray Engineering, Inc. and Madrid CPWG
March 8, 2022
Ray Engineering is a multi-disciplinary consulting firm specializing in civil, structural, and forensic engineering services. The company focuses on all facets of construction projects and serves both commercial and residential clients. Ray Engineering is headquartered in Norcross, Georgia.
Madrid CPWG was created through the 2019 merger of CPWG Engineering, Inc. and Madrid Engineering Group, Inc. The company provides a range of engineering services, including civil engineering, surveying and mapping, transportation roadway design, construction engineering inspection, and geotechnical engineering. The company has offices throughout Florida, as well as a presence in Branson, Missouri.
Of the combination, Benchmark International Transaction Director, William Sullivan, noted, “Ray Engineering immediately provides a range of both complementary and enhancing offerings to acquirer Madrid CPWG’s expansive list of best-in-class services. The acquisition gives the buyer key incremental expansion in its core Southeast US footprint while providing Ray Engineering the opportunity to contribute to further growth via clear synergies.”
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