# CHA Consulting

CHA Consulting is an Engineering based in Albany, United States.

## Overview

- **Organization type:** Engineering
- **Headquarters:** Albany, United States
- **Region:** North America
- **Address:** Albany, NY, United States
- **Founded:** 1952
- **Assets under management:** Undisclosed
- **Website:** chacompanies.com
- **LinkedIn:** https://www.linkedin.com/company/chasolutions

## Regulatory record

- **Reports private funds:** No

## About

CHA Consulting is an engineering, design, and consulting firm in the infrastructure sector. The company provides services including engineering design, construction management, and program management. Founded in 1952, CHA Consulting serves clients across sectors such as utilities, transportation, and water from its base in Albany, New York.

## Sectors

- Infrastructure
- Energy Transition & Renewables
- Real Estate

## People

- Jim Stephenson — CEO

## Questions

### Who runs investment decisions or capital allocation at CHA Consulting?

CHA Consulting does not operate as an investment firm deploying discretionary capital. CEO Jim Stephenson leads the operating business, which is controlled by private equity sponsor First Reserve. Strategic capital-allocation decisions — including M&A and geographic expansion — are made jointly by CHA's management team and First Reserve's deal partners.

### How does CHA Consulting source its project pipeline?

Pipeline is driven by public-sector procurement cycles and regulated-utility capital-expenditure programs. CHA competes for state DOT contracts, municipal water-authority RFPs, and utility grid-modernization assignments. Its sponsor-backed acquisition strategy — adding regional firms like Dawood Engineering in 2023 — aims to capture new geographies and client relationships in adjacent markets.

### Does CHA Consulting participate in project finance or direct infrastructure equity?

No. CHA delivers front-end design, engineering, and construction-phase services. It does not take equity stakes in project special-purpose vehicles or infrastructure operating companies. The firm earns fees for technical services, not investment returns on deployed capital.

### What is First Reserve's involvement, and does it affect CHA's client posture?

First Reserve acquired a controlling interest in CHA Consulting in 2021. The private equity sponsor provides capital for acquisitions and strategic guidance through board-level governance. Day-to-day project delivery and client relationships remain under CHA's engineering leadership. The sponsor relationship introduces exit-timeline pressure typical of private equity portfolio companies, though that is structural, not operational.

## Related profiles

- [MC Capital](https://altss.com/profile/mc-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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