Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Klein McCarthy Architects to Wold Architects and Engineers, a portfolio company of Providus Capital Partners. The formal agreement closed on August 31, 2026.

Headquartered in St. Louis Park, Minnesota, Klein McCarthy Architects is an architecture firm specializing in government and justice facility design. Founded in 1977, the company has cultivated a niche practice in justice architecture and public facility design, completing more than 90 justice projects for counties and government entities across Minnesota and the surrounding region. Its services include:

  • Justice centers designed to support secure, efficient court and detention operations
  • Law enforcement centers built around the operational needs of local and county agencies
  • Courts designed to provide functional, dignified settings for legal proceedings
  • Jails planned with a focus on safety, security, and long-term operational efficiency
  • Government services facilities tailored to the needs of municipal and county clients
  • Needs assessment studies that help communities plan and justify future facility investments

Klein McCarthy Architects delivers safe, efficient buildings for law enforcement operations and distinguished settings for legal proceedings, balancing cost with aesthetic appeal for communities of all sizes. The firm brings decades of specialized experience and a practical, client-focused approach to every project, from initial concept through construction.

Based in Minneapolis, Minnesota, Wold Architects and Engineers is a full-service planning, architecture, and engineering firm. Founded in 1968, the firm has grown into a national presence built on long-term client relationships and a commitment to community-focused design. Wold’s capabilities and reach include:

  • More than 370 architects, engineers, and support staff
  • Offices in Minnesota, Illinois, Colorado, Tennessee, and Indiana
  • Expertise across education, government, healthcare, and senior living
  • Ranked No. 24 nationally by the 2026 Building Design + Construction Giants 400 Report
  • A signatory of the AIA 2030 Challenge for sustainable design

Located in Detroit, Michigan, Providus Capital Partners is a private equity firm that invests in architecture, engineering, and construction services companies across North America. Founded in 2022, the firm partners with founder- and management-owned businesses, providing flexible capital and operational support designed to preserve company culture while accelerating long-term growth.

Generational Group Executive Managing Director, M&A, Central Region – Michael Goss, and his team, led by Generational Affiliate, Stephen Dinehart with the support of Vice President, M&A, Brennon Dunbar successfully closed the deal. Senior Managing Director, Roger Dean and Senior M&A Advisor, Michael Querard established the initial relationship with Klein McCarthy Architects.

Ryan Binkley, CEO of Generational Group, stated, “This transaction brings together Klein McCarthy Architects’ specialized experience in justice and government facility design with Wold Architects and Engineers’ broad capabilities and national reach. We are pleased to have helped facilitate this opportunity and believe the combination creates a strong foundation for continued growth and success.”

About Generational Group

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 350 professionals across 17 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including M&A advisory, exit planning education, business valuation, strategic growth advisory, wealth advisory, and digital solutions.

Celebrating its 21st year, Generational has successfully closed over 1,900 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2024 and 2025.

The firm was named 2025 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in 2024 and 2025.

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