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New Deal


Announced

Completed

The Kleinfelder Group completed the acquisition of Gas Transmission Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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industrial services

Friendly

United States

Engineering Consulting

engineering

Majority

Single Bidder

Private

Acquisition

Domestic

Completed

Synopsis

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The Kleinfelder Group, an engineering, design, construction management, construction materials inspection and testing, and environmental professional services firm, completed the acquisition of Gas Transmission Systems, a provider of engineering services. Financial terms were not disclosed. “As a well-established gas utilities and pipeline services firm, GTS is a strong addition to Kleinfelder. This transaction aligns with our strategic direction and strengthens Kleinfelder’s service capabilities to utilities across the US. The specialized experience GTS brings will accelerate Kleinfelder’s growth in the power/utilities market and position the firm for expansion,” Louis Armstrong, Kleinfelder President and CEO.

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