Long Point Capital, a private investment firm with offices in New York and Michigan, has made a significant equity investment in Allnorth Consultants Ltd., an engineering, project delivery and construction services firm.
Allnorth, headquartered in Kelowna, B.C., Canada, provides services to private and public clients that operate in the infrastructure, mining, oil and gas and pulp and paper sectors. The company has over 750 employees and 21 locations across Canada, Mexico and the U.S. The investment looks to drive Allnorth’s growth within North America.
“The capital and expertise our new partners bring to bear for Allnorth will be instrumental in the achievement of our strategic plan,” said Allnorth founder and CEO, Darby Kreitz. “Long Point Capital’s industry experience and successful track record in the engineering and construction services industry make them ideal partners for Allnorth.”
Excalibur Investment Banking served as financial advisor to Long Point Capital for this transaction.