Tuesday, July 1, 2008

Tetra Tech buys three

Tetra Tech, Inc., announced today that it had completed the tuck-in acquisitions of three consulting and engineering firms in the fourth quarter of its fiscal 2008. The three firms have combined annual revenue of about $20 million and add about 150 new employees to the 8,500-person consulting, engineering, and technical services firm. Terms of the acquisitions were not disclosed.

Tetra Tech acquired:

* The Institute for Public-Private Partnerships, Inc., based in Washington, DC, an international consulting and training firm that advises government and private sector clients on public-private partnership structures for infrastructure development. The acquisition enhances Tetra Tech's service offerings for the U.S. Agency for International Development, the World Bank, and government and private clients in emerging markets around the world.

* Rothberg, Tamburini & Winsor, Inc. (RTW), based in Denver, CO, a planning, process engineering, facilities design, instrumentation and controls, training, and construction engineering firm. The acquisition will support Tetra Tech's offerings in water and wastewater design.

* Highlander Environmental Corp., based in Midland, Texas, an environmental services firm with oil and gas industry clients in Texas and New Mexico.

The acquisitions continue the flurry of M&A activity in the A/E industry the past 18-24 months. Industry experts note that the activity will not continue forever, though, so if you are considering buying or selling your firm, now is the time!


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