Since 2001, Palm Beach Capital has been a leading private equity group focused on the capital needs of private, growth-oriented companies in the U.S. lower middle market. Investments typically take the form of buyouts or growth equity investments.
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Plano, Texas and New York, NY, August 7, 2024 – Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (“Blackstone”) have agreed to make a majority investment in Westwood Professional Services, Inc. (“Westwood”), a leading engineering and design firm focused on renewables, power, real estate and public infrastructure end markets. Blackstone will acquire its position in Westwood from Endurance Partners and Palm Beach Capital, with Westwood’s management team and employee shareholders retaining a minority stake. With a team of more than 1,600 employees, Westwood provides front-end engineering design service...
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