Anser’s CEO Bryan Carruthers noted, “We continue to execute our Vision 2025 strategy, and the additions of the GSG and Wallace organizations allow us to accelerate our ability to serve clients nationally within the growing water and wastewater markets. In addition, new funding through the American Rescue Plan and Infrastructure Investment and Jobs Act provides a once-in-a-generation opportunity to address the backlog of critical water infrastructure upgrades and improvements. However, it also provides new and complex challenges and regulatory requirements that must be navigated. Anser will be there every step of the way to support our clients in navigating these challenges with new ideas, insights, and most importantly, outcomes.”
“We collaborated to launch www.federaldollars.com, and we share clients, navigating the American Rescue Plan,” said Robert Sheets, CEO of GSG. “We are merging with the Anser organization to increase collaboration while expanding opportunities for our staff and leveraging our capabilities beyond Florida.” Carl Wallace, President of Wallace & Associates, added, “Our organization is a perfect complementary fit with the Anser California team where we have already identified opportunities for our staff to grow their responsibilities within Anser and added new clients which are best served through the joint capabilities of Anser and Wallace.”
Lewis, Ringelman & Fanyo acted as legal counsel to Anser Advisory and its affiliates, Cohn Reznick acted as financial advisor and BDO acted as tax advisor on both transactions. Morrissey Goodale advised Wallace Associates on their transaction. Ausley McMullen was legal counsel for GSG and Michael Krammer was financial advisor.
About Government Services Group, Inc.
Founded in 1996 and headquartered in Tallahassee, FL, with an office in Orlando, Florida), GSG is a 70-person firm partnering with federal, state and local governments to deliver capital improvement, operations and management, and financial and operational consulting solutions.
GSG provides highly technical consulting solutions focused on water and wastewater management, financial management consulting, special assessment and support, information management services and grant management services.
About Wallace & Associates Consulting, LLC
Wallace & Associates is a southern California, 37-person public infrastructure construction management firm serving water resources, transportation, and municipal markets. Wallace provides project/construction management, including inspection, staff augmentation as well as labor compliance services.
For More Information
About Government Services Group:
https://weservegovernments.com/
About Wallace & Associates:
www.wallace-cm.com
https://www.linkedin.com/company/wallace-&-associates-consulting-inc./about/
About Anser Advisory
Anser Advisory is an ENR Top 50 Program Management firm, and Great Place to Work® designated 2021 Best Workplaces in Consulting & Professional Services™, specializing in capital program advisory and consulting services, organization preparedness, strategy, funding, process development, program controls and project, program, and agency construction management. Anser offers clients solutions that address owner pain points across the capital development cycle from pre-planning through construction and closeout within various social, federal, and civil infrastructure end markets. Anser operates as a portfolio company of Sterling Investment Partners.
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For More Information
About Anser Advisory:
www.anseradvisory.com
Anser Advisory social media:
www.linkedin.com/company/anser-advisory/
Press Contact: marketing@anseradvisory.com
About Sterling Investment Partners
Sterling Investment Partners is a Westport, Connecticut-based private equity firm investing in and building middle-market companies for over 30 years with a highly experienced, cohesive team of senior investment professionals. Sterling focuses on business services and value-added distribution, investing in businesses that the firm believes to have substantial, sustainable competitive advantages and significant opportunities for value creation. The firm has completed transactions representing $19.4 billion in gross transaction value since inception. www.sterlinglp.com.