Announced
Financials
Tags
United States
transportation planning
civil engineering
Private
Private Equity
Engineering Consulting
Single Bidder
Acquisition
Domestic
Friendly
Pending
Minority
Synopsis
Sentinel Capital Partners, a private equity firm, agreed to acquire a minority stake in TranSystems, a provider of engineering, architectural, and design consulting solutions for United States transportation end markets. Financial terms were not disclosed. "Our partnership with Sentinel comes at an exciting time for our employees and for our company. We are looking forward to leveraging the many actionable infrastructure services opportunities ahead of us to drive organic and acquisitive growth in our business to better serve our clients," Richard Morsches, TranSystems CEO.
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