Galloway & Company, LLC, Launches New Growth Opportunities with ARA Services Partners and Kelso & Company
Galloway & Company, LLC (“Galloway”), a national multidisciplinary architecture and engineering (“A&E”) company, today announced a strategic growth investment from ARA Services Partners (“ARA”) and Kelso & Company ("Kelso") that will accelerate Galloway’s geographic, end market, and service line expansion. Galloway’s existing management team will continue to lead the business, and employees have retained significant ownership.
The partnership provides Galloway with access to capital, M&A resources, and operational and strategic support to fuel sustainable growth and enhance service capabilities across its disciplines. ARA and Kelso bring deep A&E industry expertise, extensive resources to support management, and a track record of scaling high-performing professional services organizations.
Galloway, originally known for their work with commercial clients, has successfully expanded into residential, industrial, federal, and municipal markets. The firm has consistently grown its geographic footprint and multidisciplinary services, with more than 18 percent average annual growth over the past 11 years.
“We are extremely fortunate to enter this relationship with ARA and Kelso because of the quality of people on their teams, the cultural fit, and their track record of success,” said Galloway President Dave Guetig, PE. “Galloway has always focused on cultivating and supporting long-term relationships with our staff, clients, and communities. This partnership helps us realize our vision of building a company for future generations.”
“We’re excited to partner with Galloway and Kelso in support of the company’s continued growth,” said George Pierson, Partner at ARA Services Partners. “The company’s leadership and employees have built a fantastic business grounded in culture, quality, and client service. We’re confident this partnership will accelerate Galloway’s growth and impact across the A&E industry.”
“We are thrilled to join forces with Galloway and ARA in this partnership,” said Sandy Osborne, Partner at Kelso & Company. “Galloway’s leadership team has built a dynamic and values-driven organization with a strong platform for growth. We look forward to helping scale the company further by supporting its expansion into new markets and service areas, while preserving the culture that makes Galloway unique.”
AEC Advisors, through its registered broker-dealer affiliate AEC Transaction Services LLC, was the exclusive financial advisor to Galloway.
About Galloway
Founded in Denver, Colorado, in 1982, Galloway has grown to 325 professionals across 12 offices and seven states. Galloway’s expansion began in 2013 with the opening of its first regional office in Salt Lake City. Since then, Galloway has added 11 additional offices in Colorado, Utah, Kansas, California, Georgia, Virginia, and Maryland.
Originally recognized for its civil engineering and fuel system design programs, Galloway has expanded into a truly multidisciplinary architecture and engineering firm serving clients across diversified markets. The firm currently offers 13 in-house disciplines, including comprehensive architecture and engineering services, survey, land planning, development services, landscape architecture, and transportation engineering.
About ARA Services Partners
ARA is a leader in building professional services platforms within the architecture, engineering, and construction (“AEC”) industry, focused on scaling enduring, people-first organizations. Led by an operator and an investor with extensive AEC industry experience, ARA brings a unique blend of operational insight and M&A expertise to its partnerships. ARA takes an employee-centric approach to investing and scaling professional services organizations by using simple, transparent, and equitable investment structures, prioritizing employee satisfaction, supporting professional development, and preserving positive cultures where people want to build careers. With a proven track record of helping AEC firms scale sustainably, ARA provides operational support, strategic guidance and flexible, long-term capital tailored to each company’s goals.
About Kelso & Company
Kelso is one of the oldest and most established firms specializing in private equity investing. Since 1980, Kelso has invested approximately $20 billion of equity capital in over 140 transactions. Kelso was founded by the inventor of the Employee Stock Ownership Plan (ESOP), and as a result, the principles of partnership and alignment of interest serve as the foundation of the firm's investment philosophy. Kelso benefits from a successful investment track record, deep sector expertise, a long-tenured investing team, and a reputation as a preferred partner to management teams and corporates. For more information, please visit kelso.com.
About AEC Advisors
AEC Advisors is an M&A and corporate finance advisory firm focused on the AEC industry. They systematically and efficiently guide clients - sellers, buyers, and financial sponsors - through a confidential, thoughtful, and trusted approach to achieve client goals. AEC Advisors has completed over 125 transactions with an aggregate transaction enterprise value over $17 billion. Investment banking services offered through AEC Transaction Services LLC, Member FINRA (www.finra.org).
