ST LOUIS, MO – February 9, 2023 -YOUNG & Associates Holdings (YA) is pleased to announce the recent partnership of YA Engineering Services, LLC (YAES), a national, multi-disciplinary forensic engineering firm and Momentum Engineering (Momentum), a Los Angeles-based consulting firm specializing in accident reconstruction and investigations, forensic engineering, biomechanical services, heavy truck safety, graphics, and animation.
“This investment in Momentum is a strategic step towards growing our engineering and professional services,” said Wade Bushman, CEO of YOUNG & Associates. “Like YA, Momentum is recognized as an industry leader with a diverse base of experts who use a complimentary and creative approach when addressing client needs. We are pleased to have this talented team of experts joining the YAES team.”
Momentum will operate as a division of YAES, and day-to-day operations will continue to be directed by the existing Momentum leadership team, engineering team and support staff.
“Partnering with YA and YAES creates immediate opportunities for Momentum’s clients to benefit from additional resources, capabilities, and experts across the country,” said Jon Landerville, president of Momentum. “This allows us to provide expanded engineering and investigative services to our clients and better positions us for growth. We are excited to continue deepening our client relationships together with the outstanding YA team.”
YOUNG & Associates (www.youngonline.com) is a property consulting firm that provides building damage assessments, forensic and investigative consulting services to the insurance industry, public and private sector clients. YA was founded in 1997 by Ray and Linda Young on the core values of knowledge, integrity and professionalism. YA’s team of more than 500 staff is strategically located across the U.S. and internationally.
YAES (www.yaeservices.com) is a national, multi-disciplinary forensic engineering firm that brings together engineers, architects and other experts specializing to investigate and evaluate buildings and structures. YAES was founded by its president, Richard A. Dethlefs, PE, SE, and Ray Young in 2018 and has experienced nationwide growth since its inception. YAES specializes in the forensic evaluation of complex structures and building systems and provides professionalism and advanced expertise to its clients.
Momentum (www.momentum-eng.com) is the second acquisition by YA. The first was the management consulting firm FCMC (www.fcmconline.com), based in Tampa Florida, which YA acquired in 2022.
About YOUNG & Associates
YOUNG & Associates is an international property damage consulting firm founded in 1997 by Ray & Linda Young. Their vision for providing building damage assessments and consulting services to the insurance industry is based on the core values of knowledge, integrity and professionalism. Since then, the range of property damage services has expanded, developing a broader client base and growing the team to over 325 consultants strategically located across the US, UK, and Mexico. For additional information, please visit www.youngonline.com.
About CIVC Partners
CIVC Partners is a Chicago-based private equity firm investing in high-growth middle-market companies in the business services sector. Since 1989, the team has invested $2.1 billion in 79 platform companies and currently invests from CIVC Partners Fund VI. More information on CIVC Partners and its portfolio companies can be found at www.civc.com.