Dallas, Feb 17 — Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Bailey Engineering, Inc. to Wapiti Holdings LLC. The acquisition closed January 7, 2026.
Based in Eagle, Idaho, Bailey Engineering, Inc. is a long-standing, full-service civil engineering firm in Idaho’s real estate development industry that partners with the area’s largest residential builders to create thoughtfully designed communities from initial property evaluation and conceptual planning to entitlement, construction drawings, and long-term project execution. The Company delivers comprehensive civil engineering, land planning, mapping, and CADD services tailored for residential, commercial, multifamily, and master planned developments, emphasizing local expertise and community-oriented design. With decades of combined experience, the team coordinates every project phase from planning and approvals through construction support to final documentation.
Headquartered in Idaho Falls, Idaho, Wapiti Holdings LLC is a privately held investment and operating company focused on acquiring and growing high-quality, service-based businesses in the Rocky Mountain West. Wapiti Holdings partners with experienced management teams to preserve legacy brands while investing in operational excellence, long-term stability, and sustainable growth. Through disciplined acquisition and active ownership, the firm seeks to strengthen core operations, support employees and clients, and position its portfolio companies for enduring success.
Generational Group Executive Managing Director, M&A, Western Region – Lori Galloway, and her team led by Senior Managing Director, M&A, Fred Zweifel successfully closed the deal. Senior Managing Director, Doug Morrow and Senior M&A Advisor, Ken Beckrich established the initial relationship with Bailey Engineering, Inc.
“Our client ultimately selected Wapiti Holdings because of the buyer’s visionary strategy and industry expertise,” said Lori Galloway.
Ryan Binkley, CEO of Generational Group, stated, “This transaction highlights our dedication to meaningful partnerships that generate long-term value. It aligns partners around a shared vision and positions the organization for continued growth.”