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Prime AE acquires Klavon Design in PE-backed deal

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Platform Holdings-backed Prime AE Group has acquired Klavon Design Associates, expanding its engineering and architecture footprint. The Baltimore-based firm announced the strategic acquisition as part of its growth strategy in the design services sector.

Prime AE specializes in providing engineering and architectural solutions across multiple markets. The acquisition of Klavon Design Associates represents another step in Platform Holdings' strategy to build a portfolio of complementary design and engineering businesses. Terms of the transaction were not disclosed in the brief announcement.

This deal follows Platform Holdings' investment approach of consolidating fragmented markets through strategic acquisitions. The move strengthens Prime AE's capabilities in design services while expanding its geographic reach. The acquisition comes as the engineering and architecture sector sees increased consolidation activity.