.
MergerLinks Header Logo

New Deal


Announced

Completed

OceanSound Partners-backed Gannett Fleming completed the acquisition of DEC.

Financials

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

Tags

Edit

United States

engineering services

Specialty Contracting

Acquisition

Completed

Friendly

Single Bidder

Majority

Private

Domestic

Private Equity

Synopsis

Edit

OceanSound Partners-backed Gannett Fleming, an engineering and infrastructure solutions provider, completed the acquisition of DEC, a Texas-based water and transportation engineering services provider. Financial terms were not disclosed. “While we have worked in Texas for decades, DEC will broaden our company’s presence in the state, deepening the services and resources we can offer clients. DEC has an attractive client base and impressive portfolio of work that will enhance our ability to serve new and existing customers. DEC and Gannett Fleming are aligned on the importance of delivering exceptional quality, being our clients’ trusted advisors, and being an employer of choice by continuously investing in our employees and helping them be successful,” Bob Scaer, Gannett Fleming CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US