Zweig Group Facilitates WGI Acquisition of Carl Walker Inc

FAYETTEVILLE, Ark. (June 30, 2017) — Zweig Group recently facilitated WGI’s acquisition of Carl Walker Inc., a deal that gives the buyer a 12th business line, nearly 400 associates, and an important footprint in five new states: Michigan, Illinois, Indiana, North Carolina and Texas. 
 
For WGI, a design, planning and surveying firm based in West Palm Beach, Florida, this is the third acquisition in three years. By joining forces with Kalamazoo, Michigan-based Carl Walker – the firm specializes in the creative planning and design of sustainable parking structures, supported by the rapidly changing automation technology transforming its marketplace – WGI solidifies its standing as a major player with 13 offices in six states, and a national portfolio.
 
Bringing these two iconic firms together was a lot of work, and well worth the effort, said Jamie Claire Kiser, Zweig Group’s director of consulting, who represented the seller.
 
“This transaction is an embodiment of the ultimate M&A goal – to make one-plus-one equal three,” Kiser said. “It’s always a pleasure working with firms that respect each other throughout the process. This partnership, however, takes it to a whole new level. We are proud to be part of the success story for both Carl Walker and WGI.” 
 
The transaction closes on June 30. Gary Cudney, president and CEO of Carl Walker, as well as the firm’s principals, executives, and associates, will continue in their current roles, ensuring a smooth transition for Carl Walker’s clients and staff. The branded Carl Walker name will continue and be integrated with WGI, operating as Carl Walker, a division of WGI.
 
David Wantman, president and CEO of WGI, had this to say about the acquisition: “We are excited about the expanded national presence and capabilities that Carl Walker brings to our firm and our diverse infrastructure team. Its thirty-four years of innovative designs and solutions will provide a wonderful complement to the innovative and collaborative team at WGI. We’re thrilled at the synergy and opportunities that await.”
 
For more information, visit Zweig Group.