A subsidiary of Blackstone (BX) acquired New York-based engineering firm AMA Group and will merge the 250-person outfit with another company, Commercial Observer has learned.
Now that Legence has taken control of the company, AMA Group will be merged into the green construction firm CMTA — which Blackstone acquired in 2020 - bringing CMTA’s entire headcount to 1,300 employees, according to Legence CEO Jeff Sprau.