Hennick & Company Partners with PAE Engineers to Support the Next Phase of the Firm’s Long-Term Growth

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Strategic Partnership Brings Together Two Organizations Committed to Long-Term Growth, Technical Excellence and Sustainable Design

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TORONTO and PORTLAND, Ore., June 30, 2026 (GLOBE NEWSWIRE) — Hennick & Company (“HennickCo”) today announced it has completed a strategic partnership with PAE Engineers (“PAE”), a nationally recognized engineering and design firm known for its leadership in sustainable building systems, regenerative design and high-performance engineering.

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For nearly six decades, PAE has helped shape some of North America’s most innovative and environmentally responsible buildings. With more than 450 engineers, designers and technical professionals across the United States, the firm provides mechanical, electrical, plumbing engineering, technology design, architectural lighting design through LUMA, and regenerative design consulting. PAE works across the healthcare, education, infrastructure, civic, government, aviation, and data center markets, with projects spanning many of the country’s most respected institutions and organizations. Founded in Portland, Oregon in 1967, and serving clients across the United States, PAE has evolved from a regional engineering practice into a nationally recognized firm with expertise in the most technically demanding and high-performing buildings.

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“PAE has built a remarkable reputation by combining technical excellence with a genuine commitment to improving how buildings perform,” said Bradley Hennick, Managing Director of HennickCo. “The firm’s culture, leadership and long-term vision align closely with our own. We believe PAE is exceptionally well positioned to benefit from several powerful trends, including increased demand for sustainable buildings, growing infrastructure investment, healthcare modernization and the continued expansion of digital infrastructure.”

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Christian J. Agulles, PE, President and Chief Executive Officer of PAE, said the partnership provides the firm with a long-term partner and ownership structure designed to support continued investment in its people, clients, and mission. “From our earliest conversations, it was clear that HennickCo was the right long-term partner for PAE,” said Agulles. “They understand that what makes PAE different is not only our technical expertise, but our people, our culture, and our commitment to building a more sustainable future. With HennickCo’s support, we can protect what makes PAE special while accelerating our impact: investing in our people, expanding our reach, and advancing the role engineering can play in creating a better future.”

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PAE will continue to operate under its existing name and with its current leadership team. The firm’s employee-focused culture, client relationships and operating approach will remain unchanged. As part of the transaction, PAE’s leadership team and shareholders will all continue as significant owners in the business for the long-term, ensuring strong alignment and continuity for employees, clients and industry partners.