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CriticalPoint Capital Closes Acquisition of the Power Construction Division from AECOM
Tuesday 20 October 2020

US-based infrastructure engineering, procurement, construction and consulting company United E and C, Inc., formerly the Power Construction division of AECOM (NYSE: ACM), has launched as an independent company and the closing of AECOM's sale of United to affiliates of California-based investment firm CriticalPoint Capital, LLC.

United E and C is an industry leading infrastructure engineering, procurement, construction and consulting company dedicated to improving lives by delivering the world's most impactful solutions.

Since 1905, it has served the power industry by providing lifecycle services for the conventional generation, nuclear, transmission and distribution, renewable, and distributed energy markets.

Founded in 2012, CriticalPoint Capital is a private investment firm based in Manhattan Beach, CA.

The firm is focused on acquiring companies with long-term value creation opportunities and partnering with management teams that can benefit from patient capital and a thoughtful approach to growth.

CPC's portfolio is currently comprised of ten platform investments across North America in a variety of industries.
Date Published: 20/10/2020