New strategic partnership for Arora Engineers
Arora Engineers, one of the largest minority-owned infrastructure services firms in North America, has announced a new partnership with Jacmel Growth Partners.
According to ACI World Business Partner, Arora, this strategic partnership will have important implications for the AEC industry.
Capital from Jacmel will support Arora as it continues to expand upon its core infrastructure markets, which are experiencing exceptional growth in the US, due, in part, to the country’s recently passed $1.2 trillion Infrastructure Investment and Jobs Act.
Arora will continue to be managed by current president and CEO, Manik Arora, and maintain its minority-owned business status.
“We’re excited to support the growth of Arora, and have a deep conviction in Manik and his team’s long-term vision of rethinking the future of infrastructure,” said Nick Jean-Baptiste, founder and managing partner at Jacmel Growth Partners.
“The firm is actively changing the type of impact and service clients have come to expect from a multi-disciplined engineering firm, and they’re seen as a leader across the aviation, transportation, education, government and commercial sectors.”
While Arora’s Manik Arora noted: “We are particularly impressed by the firm’s [Jacmel’s] dedication to helping minority and family-owned businesses through strategic capital investment that aligns with the growth needs of the companies they serve.
“They have an impressive track record of successful coordination with management teams and, with their strong technical and growth-oriented expertise, we’re confident that we can sustainably build upon our legacy of delivering excellent client service and giving back to the communities we service.”