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Milrose Consultants and Southfield Capital Announce the Strategic Acquisition of Borne Consulting


News provided by

Southfield Capital

Sep 04, 2025, 10:20 ET

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GREENWICH, Conn., Sept. 4, 2025 /PRNewswire/ -- Southfield Capital, a premier lower middle market private equity firm, announced today that Milrose Consultants ("Milrose"), a leading national regulatory consulting and compliance firm serving the built environment, has completed the acquisition of Borne Consulting ("Borne"), a San Francisco-based architectural engineering firm specializing in building envelope solutions. The acquisition of Borne represents Milrose's fourteenth acquisition since partnering with Southfield and further expands Milrose's presence in Northern California.

Borne has built a reputation for delivering high-quality technical expertise and pragmatic solutions for complex building rehabilitation projects. With a focus on façades, roofing, balconies, and below-grade waterproofing, Borne provides a full suite of services including condition assessments, construction documentation, permitting support, capital asset planning, bidding coordination, and construction administration.

The acquisition of Borne extends Milrose's architectural and engineering presence in Northern California and adds specialized expertise in envelope consulting and restoration services. Borne's trusted local relationships and proven project delivery enhance Milrose's ability to support complex rehabilitation projects in the region.

Cade D. Osborne, PE, Founder and Principal of Borne, expressed his enthusiasm, "I'm excited to join forces with Milrose Consultants. Milrose's national platform and commitment to excellence will allow us to scale our impact and continue providing thoughtful, high-performance solutions to building owners and managers across the country."

"Cade's deep technical knowledge and client-first approach align perfectly with Milrose's mission to deliver best-in-class building lifecycle services," said Dominic Maurillo, CEO of Milrose Consultants. "This acquisition strengthens our capabilities in architectural engineering and expands our presence in the Bay Area, allowing us to better serve our clients with enhanced envelope consulting and restoration services."

Southfield Partner, Chris Grambling, commented on the transaction, "The addition of Borne to the Milrose platform underscores our commitment to expanding both our national footprint and the depth of expertise we offer clients. We look forward to working with Cade to enhance Milrose's suite of services and presence in the Bay Area."

About Milrose Consultants
Milrose Consultants is the national leader in the field of building code consulting and municipal expediting with headquarters in New York City and offices nationwide. Customers rely on Milrose to provide end-to-end building compliance services that include permitting, code & zoning, regulatory filing, special inspections, façade inspections, due diligence & research, and other compliance solutions. Milrose provides high-end services across various large, growing industries, including commercial, multi-family residential, retail, industrial, healthcare, and academia.

For more information, please visit www.milrose.com.

About Southfield Capital
Southfield Capital is a private equity firm that invests in high-growth, lower middle market companies in the business services sector. The firm targets companies with $4 - 20 million in EBITDA and partners with management to scale the business through a combination of organic and acquisition growth strategies.

For more information, please visit www.southfieldcapital.com.

SOURCE Southfield Capital

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