Announced
Completed
Financials
Sources
Tags
Friendly
Acquisition
Single Bidder
Majority
Private
Completed
Domestic
Engineering Consulting
United States
engineering consulting
Synopsis
Lochner, a leading provider of transportation infrastructure planning and engineering services, completed the acquisition of K Friese + Associates, a civil engineering consulting firm. Financial terms were not disclosed. "We are excited to welcome our new colleagues from KFA. As Lochner expands its business in one of the nation's fastest growing states, the partnership with KFA enables us to establish and grow water and drainage services as a core component of our infrastructure platform; enhance our highway, bridge, aviation and transit and rail service offering; and diversify our client base to include municipal-oriented organizations in Texas, and beyond," Terry Ruhl, Lochner Board Chairman and CEO.
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