Excalibur Investment Banking Advises Salas O’Brien on its Merger with Haag
Excalibur Investment Banking is pleased to announce that Salas O’Brien and Haag have merged, helping to further strengthen Salas O’Brien’s expertise in the forensic engineering sector.
Founded in Dallas in 1924, Haag is one of the leading forensic engineering firms in North America. The company is well known for its capabilities in failure analysis, extent of damage, and repair options for civil, structural, mechanical, electrical, construction defect, product liability/failure, and transportation cases. Over the last 100 years, Haag has earned a reputation for research and material testing, educational training programs and industry tools for inspectors, reviewers, and roofing experts. Haag’s continued industry leadership, paired with Salas O’Brien’s complementary expertise and culture, will drive significant opportunities for the combined team.
“Haag brings a critical skill set to Salas O’Brien’s service offerings,” said Darin Anderson, Chairman & CEO of Salas O’Brien. “Haag is known as a standard bearer for forensic engineering, and we are excited to bring their expertise to our team and our clients. Our shared commitment to integrity and fostering team member growth ensures that together, we will continue to set new standards of excellence in the industry.”
“Salas O’Brien embodies the values, excellence, and approach that resonate deeply with our culture,” said Justin Kestner, President & CEO or Haag. “Both teams are committed to innovation, integrity, employee growth, and adding value for the clients we serve. I’m excited to offer Haag’s growing clientele the full array of Salas O’Brien’s expertise and services to better serve their evolving needs. Salas O’Brien is employee-owned as Haag has long been, and continuing to be a part of an employee-owned organization was a critical factor in Haag’s decision to join them and add value to our combined clientele.”
Excalibur Investment Banking was engaged by Salas O’Brien to source and initiate the transaction. “The merger between Salas O’Brien and Haag is an incredible match between industry bellwethers,” said Edward Novicky, Founder & Managing Director of Excalibur. “The expertise and services offered by both organizations is only exceeded by the employee culture and leadership that imbues their make-up and composition. The pairing of two leading companies united on the foundations of excellence, employee-ownership, and joint governance is a model for large corporations and world politicians.”
About Haag
Haag Engineering is a multi-faceted employee-owned forensic engineering and consulting firm that provides services throughout the world in the fields of civil, structural, architectural, electrical, and mechanical engineering. Founded in 1924, the company has a long-standing reputation for quality and technical excellence. Haag serves the legal industry, the insurance industry, corporations, manufacturers, private companies, construction companies, and individuals. The company is headquartered in Flower Mound, TX. For more information, please visit the firm’s website at www.haagglobal.com.
About Salas O’Brien
Salas O’Brien is an engineering and technical services firm that is focused on advancing the human experience through the built environment. The Salas O’Brien team is Engineered for Impact, helping clients achieve critical goals, advancing its team members through growth and opportunity, and operating at the center of important global issues including sustainability and decarbonization. Salas O’Brien is a top firm as ranked by Engineering News-Record and Consulting-Specifying Engineer and has appeared for the past 13 years on the Inc. 5000 list of North America’s fastest-growing private companies. The company has 3600+ employees and 90 offices located across North America. For more information, please visit the firm’s website at www.salasobrien.com.
About Excalibur Investment Banking
Excalibur is an investment bank located in Washington, DC that represents clients in buy-side mergers & acquisitions, sell-side mergers & acquisitions, and capital raising transactions. The firm’s typical investment banking engagements range from $50 million to $1 billion in a wide array of industry sectors and geographies. Excalibur’s strengths lie in the middle market and in its relationships with shareholders who pride company culture, leadership, and legacy in parallel with company profits. For more information, please visit the firm’s website at www.excaliburib.com.
Contacts
Eric Anest
Senior Vice President, Marketing & Communications
877.725.2755
Edward Novicky
Managing Director
Excalibur Investment Banking
202.669.0425