Consertus, a US-based capital project services platform owned by private equity firm RTC Partners, has acquired Beirut headquartered architecture and engineering consultancy Laceco. The deal was announced on April 28, 2026, and brings one of Lebanon's longest running design houses into a fast growing professional services group spanning the United States, Europe and the Middle East. Financial terms of the transaction were not disclosed.
Founded in 1988, Laceco has spent close to four decades working on planning, architecture, engineering, and project and construction management across the region. The firm employs more than 150 professionals and runs offices in Saudi Arabia, the United Arab Emirates, Qatar, Lebanon, Jordan and Oman. According to the company, it has delivered projects with a combined value of more than 22.5 billion dollars for over 100 clients, including work tied to NEOM Construction Villages in Saudi Arabia, Al Mamsha in Sharjah and Abdali Mall in Amman.
What Laceco Adds to Consertus
For Consertus, the addition fills two gaps at once: a hard-built MENA delivery footprint and a deeper bench in disciplines such as urban planning, structural engineering and BIM-enabled project management. Roy Block, chief executive of Consertus, said in the announcement that Laceco's technical expertise, long standing client relationships and track record on complex projects strengthen the group's ability to provide integrated solutions.
Laceco chief executive Yazane Alaily said joining Consertus puts the firm in a position to broaden its service offering, open new opportunities for its staff and deliver greater value to clients across the region.
RTC Partners' Roll-Up Strategy
The Laceco transaction is the latest in a series of acquisitions used by RTC Partners to build out Consertus into a global capital project execution platform. RTC has previously rolled in firms such as KKCS, The Wells Partnership and CCS International, focused on cost advisory, project management and program delivery. Chris Lee, managing partner at RTC Partners, said the Laceco deal advances a strategy to build a scaled, diversified professional services organisation across key global markets.
What It Means for Lebanon's Services Sector
Inbound transactions into Lebanon have been rare in recent years, especially in the professional services sector, which has been hit by the country's prolonged economic crisis and the migration of senior talent. The Laceco deal stands out because it values a firm whose core operating base is Beirut, even though most of its current revenue is reported to come from work delivered in Saudi Arabia and other Gulf markets.
Beirut keeps a head office on the new Consertus map, which matters in a year when most of the news from Lebanon's services economy has been about consolidation, downsizing or relocations to Riyadh and Dubai.
Laceco
