Agathos AEC Expands Multidisciplinary Capabilities with Strategic Addition of JMPE Electrical Engineering to Strengthen Integrated Design Services
Generational Group, a leading mergers and acquisitions advisory firm serving privately held businesses, today announced the successful sale of JMPE Electrical Engineering to Agathos AEC, a growing architecture and engineering platform backed by private equity. Agathos AEC is a portfolio company of Hunter Forest Capital. The transaction officially closed on February 2, 2026, marking a significant milestone for all parties involved and reinforcing Generational Group’s continued leadership in middle-market M&A advisory.
Strengthening a Growing National Platform
The acquisition brings together a highly respected California-based engineering firm with a rapidly expanding national architecture and engineering platform. By joining Agathos AEC, JMPE Electrical Engineering gains access to strategic resources, operational support, and growth capital designed to accelerate expansion while preserving the firm’s client-centric culture and technical excellence.
Agathos AEC, headquartered in Galveston, Texas, is executing a focused strategy to build a diversified, nationwide architecture and engineering design organization. The platform is actively partnering with entrepreneurial firms that have established strong regional reputations and are positioned at critical inflection points in their growth trajectories. Through professional management support, operational infrastructure, and capital investment, Agathos AEC aims to enhance capabilities, expand geographic reach, and create a collaborative environment where partner firms can thrive.
Backed by Hunter Forest Capital, Agathos AEC benefits from deep financial resources and strategic oversight. Hunter Forest Capital is a Chicago-based private investment firm that partners with growth-oriented companies operating in essential and critical-needs industries. The firm focuses on driving long-term operational improvements and sustainable financial value creation. In addition to Hunter Forest Capital, Agathos AEC’s capital partners include Aldine Capital Partners, Petra Capital Partners, Pine Street Capital, and Patriot Capital, providing a robust financial foundation for continued acquisitions and organic expansion.
JMPE Electrical Engineering: A Proven Industry Leader
Based in Santa Barbara, California, JMPE Electrical Engineering has built a strong reputation as a full-spectrum electrical engineering and lighting design firm. Founded in the mid-1990s, the company has delivered decades of expertise across commercial, industrial, government, and residential markets. With additional offices in Bakersfield and Santa Maria, JMPE has established a solid regional footprint across California’s Central Coast and surrounding areas.
JMPE specializes in a comprehensive range of electrical engineering services, including power system design, lighting and signal system design, distribution system engineering, short circuit and coordination studies, Title 24 lighting calculations, arc flash analysis, and photovoltaic solar design. These services are tailored to deliver efficient, code-compliant, and energy-conscious solutions for built environments of varying scale and complexity.
The firm’s technical capabilities are complemented by a strong commitment to personalized service. JMPE works closely with architects, facility managers, developers, and property owners to develop practical and forward-thinking electrical solutions that meet project timelines, budget constraints, and sustainability objectives. By combining advanced engineering knowledge with collaborative project management, JMPE has consistently delivered reliable outcomes across diverse project types.
Joining Agathos AEC positions JMPE to expand its service offerings, leverage shared expertise across disciplines, and pursue larger and more complex projects that may have previously been beyond its independent capacity. The partnership is expected to foster knowledge sharing and operational efficiencies while maintaining the entrepreneurial spirit that has defined JMPE’s success for nearly three decades.
Strategic Alignment and Long-Term Vision
The transaction reflects strong strategic alignment between JMPE and Agathos AEC. Both organizations emphasize technical excellence, client relationships, and long-term value creation. Agathos AEC’s acquisition model is designed to support partner firms without compromising their identity or local leadership. Instead, the platform seeks to empower founders and management teams with enhanced resources and professional services infrastructure.
Hunter Forest Capital’s investment philosophy further strengthens this vision. By targeting critical-needs industries such as architecture and engineering, the firm aims to build resilient platforms capable of delivering consistent performance across economic cycles. Electrical engineering and design services remain essential components of modern infrastructure development, energy efficiency initiatives, and renewable energy integration—making JMPE an ideal addition to the platform.
The acquisition also underscores the continued consolidation trend within the architecture and engineering sector, where specialized firms are increasingly partnering with capital-backed platforms to achieve scale, technological advancement, and broader market access.
Generational Group’s Role in the Transaction
Generational Group played a central role in advising JMPE throughout the transaction process, from initial relationship development through closing. The firm’s Western Region M&A team led the engagement and facilitated negotiations, due diligence coordination, and transaction structuring.
Executive Managing Director, M&A, Western Region Lori Galloway oversaw the transaction, with Managing Director, M&A, Mike Meredith leading the deal team. They were supported by Senior Vice President, M&A, Amy Wall. Senior Managing Director Ashok Tandon and Senior M&A Advisor Ken Beckrich established the initial relationship with JMPE Electrical Engineering, laying the groundwork for a successful advisory engagement.
Mike Meredith commented on the strategic fit, stating that JMPE will be an excellent addition to the Agathos AEC platform. His remarks reflect confidence in the complementary strengths of both organizations and the long-term growth potential created through the partnership.
Ryan Binkley, CEO of Generational Group, emphasized the broader significance of the transaction, noting that the firm’s approach centers on forming strong, collaborative relationships that drive lasting value. By aligning strategic partners around a clear direction and shared objectives, Generational Group helps create opportunities for continued progress and long-term success.
About Generational Group
Headquartered in Dallas, Texas, Generational Group is a leading full-service M&A advisory firm dedicated to serving privately held and family-owned businesses. The firm offers a comprehensive suite of services, including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
With more than 300 professionals operating across 16 offices throughout North America, Generational Group has built a strong national presence. Celebrating its 20th year of operations, the firm has successfully closed more than 1,800 transactions. In both 2024 and 2025, Generational ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion, reflecting its consistent performance and industry recognition.
The successful sale of JMPE Electrical Engineering to Agathos AEC represents another example of Generational Group’s ability to connect business owners with strategic partners who can support the next phase of growth. As consolidation continues across professional services industries, transactions like this demonstrate the importance of experienced advisory guidance in navigating complex negotiations and achieving optimal outcomes.
With the closing of this acquisition, JMPE Electrical Engineering embarks on a new chapter backed by institutional capital and national infrastructure, while Agathos AEC strengthens its position as an emerging leader in the architecture and engineering design space. Together, the organizations are well positioned to pursue continued expansion, operational excellence, and long-term value creation in an evolving and increasingly integrated industry landscape.
