Jacmel Growth Partners (Jacmel), a minority-owned, private investment firm focused on working with family-owned businesses, has partnered with Arora Engineers (Arora) as well as its subsidiary companies, EDI and Arora Systems Group, providers of infrastructure focused planning, design, program/construction management, facilities management, asset management and technology services.
Strategic capital from Jacmel will support Arora’s leadership team as they continue executing on their long-term growth initiatives. Arora, one of the largest minority-owned infrastructure services firms in North America, will continue to be managed by current President and CEO Manik Arora, PE, and maintain its minority-owned business status.
Arora is a second-generation, minority-owned family business focused on infrastructure. The firm has grown over 1100% in revenue over the last decade and strategically established branch offices in major cities across the globe.
Jacmel partnered with Musick Capital, a private investment firm founded by Eliott Musick with deep expertise across the infrastructure and engineering sectors. Jacmel also received financing from KeyBank to complete the partnership arrangement with Arora.
