Market Overview

King Acquires CTT Engineering


King Engineering has acquired Criser Troutman Tanner Consulting
Engineers (CTT), a North Carolina based full-service engineering firm.
CTT specializes in civil and structural engineering for private and
public-sector clients.

With the addition of CTT, King Engineering, which recently merged with
Ardurra Group, the company has ~300 professionals throughout 15 offices
serving the Gulf Coast, the Southeast and Mid-Atlantic.

CTT will continue to operate as CTT in the North Carolina market from
offices in Wilmington, Raleigh and Charlotte.

King Engineering's Managing Partner, Rick Cloutier, explained, "Serving
our clients remains at the forefront. CTT's specialized engineers
complement our existing staff and will help to improve delivery for our
clients. CTT further provides a broad geographic footprint and deepens
our structural and civil engineering capabilities."

David Criser, CTT's President adds, "Joining the King Engineering team
enables us to provide additional opportunities to our staff by expanding
our geographic and client base."

Straddling, Yocca, Carlson and Rauth, P.C. acted as legal counsel and
BDO USA, LLP acted as financial and tax advisor on behalf of RTC
partners and its affiliates.

King Engineering and the Ardurra Group operate as a portfolio company of
ETC Partners, LLC. ETC Partners, LLC is a New York based private equity
firm that partners with managers of middle market companies to unlock
growth opportunities. Further information is available at

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