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Announced

Woolpert to acquire CivilTech Engineering.

Financials

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Transaction Value-
Consideration TypeCash
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Diversified Industrials

engineering firm

Domestic

Acquisition

Friendly

United States

Private

Majority

Single Bidder

Pending

Synopsis

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Woolpert agreed to acquire CivilTech Engineering, a multidisciplinary engineering firm that specializes in transportation, water resources, municipal, structural and construction services. CivilTech has three offices in Texas and serves local, state and federal clients. Financial terms were not disclosed. This acquisition complements and enhances the capabilities of both companies. Woolpert will extend its state and federal transportation and water initiatives and its engineering and geospatial presence in Texas, which has critical transportation infrastructure and flood-risk mitigation needs. For CivilTech, the move expands its footprint in Texas, provides international exposure, and integrates industry-leading engineering and geospatial technologies. "One of our core business lines is flood-risk management at the federal, state and local level, and data acquisition and advanced GIS mapping applications are very important to this work. Through science and engineering, we can advance flood modeling and disaster mitigation, improve riverine and coastal resilience, and address the impact of climate change. We were looking for a partner who has the experience and the ready-to-work platforms needed to create high-quality, state-of-the-art deliverables, and we found that in Woolpert," Melvin G. Spinks, CivilTech President and CEO.

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