Hayat Brown acquires Alvarez & Marsal's P3 practice

Hayat Brown LLC, a boutique civil engineering and advisory firm based in Washington, DC, has acquired the public-private partnership (P3)-infrastructure-real estate advisory practice of Alvarez & Marsal (A&M).

A&M P3 helps government agencies and higher education institutions analyze and execute creative finance and delivery solutions for major capital projects with private sector partners. Led by managing director Jay Brown for the last 15 years, the practice has worked on numerous high-profile engagements, including higher education construction projects worth billions of dollars, and the privatization of more than 200,000 military family housing units.

Hayat Brown’s acquisition of A&M P3 will create a new P3 advisory division to complement the firm’s engineering services division. Jay Brown, along with the practice’s team members located in Washington and St Louis, will join Hayat Brown.

“With a combined 65 years of industry experience, Jay Brown and his team have built one of the premier public-private partnership consulting practices in the industry,” said Bryan Marsal, co-CEO and co-founder of Alvarez & Marsal. “I am confident that the Hayat Brown P3 Advisory team will continue to offer creative, action-oriented solutions that deliver value and much-needed facilities to our cities, states, federal agencies, and universities struggling to recover from the pandemic.”

Hayat Brown is a woman- and minority-owned engineering advisory firm that was founded in 2012. The firm’s core engineering division provides services to support civil and social infrastructure projects, primarily in urban areas. Consulting offerings include civil engineering and design services, construction management and inspection, facility condition assessment, regulatory support, and program/project management. Hayat Brown’s focus areas include transit and transportation, water and waste water, and asset management.

The firm has worked on numerous urban revitalization projects and has advised a number of historically Black colleges and universities.

Hayat Brown has 15 employees listed on LinkedIn, and has three offices in the Washington, DC area.

In other Alvarez & Marsal news, the NYC-based business consultancy recently expanded its CFO services office.