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Sierra Consulting Group acquired by KeyStone
Sellside Advisor
An affiliate of Keystone Capital Management, L.P. acquired Sierra Consulting Group in April 2022, following an agreement announced April 1. The transaction represents the first add-on acquisition for Keystone’s portfolio company VDA, Inc., a specialist in vertical transportation consulting. By acquiring Sierra, VDA expands its capabilities in mandated inspections, modernization consulting, and building system compliance in the New York metro area – enhancing both service offerings and geographic reach.
Chicago-based Keystone Capital is a private equity firm focused on building middle-market businesses in services, industrial, and building sciences sectors. Keystone’s investment in VDA began in December 2021 and is part of a platform strategy centered around targeted bolt-on acquisitions to drive growth and scale.
Founded in 2004, Sierra Consulting Group provides elevator and escalator consulting services. Operating from Long Island and the Bronx, Sierra continues under existing leadership, maintaining autonomy while benefiting from VDA’s national platform and deeper operational resources.
Chicago-based Keystone Capital is a private equity firm focused on building middle-market businesses in services, industrial, and building sciences sectors. Keystone’s investment in VDA began in December 2021 and is part of a platform strategy centered around targeted bolt-on acquisitions to drive growth and scale.
Founded in 2004, Sierra Consulting Group provides elevator and escalator consulting services. Operating from Long Island and the Bronx, Sierra continues under existing leadership, maintaining autonomy while benefiting from VDA’s national platform and deeper operational resources.