Add-on Acquisition • Engineering

ENTRUST Solutions Acquires Texas Utility Engineering

On January 24, 2019, ENTRUST Solutions acquired engineering company Texas Utility Engineering

Acquisition Context
  • This is ENTRUST Solutions’ 2nd transaction in the Engineering sector.
  • This is ENTRUST Solutions’ 4th transaction in the United States.
  • This is ENTRUST Solutions’ 1st transaction in Texas.

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M&A Deal Summary

Date January 24, 2019
Target Texas Utility Engineering
Sector Engineering
Buyer(s) ENTRUST Solutions
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

Texas Utility Engineering

San Antonio, Texas, United States
Formed in 2006, Texas Utility Engineering, Inc. is an electric utility and telecommunications engineering firm based in San Antonio, Texas.
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Buyer Overview 1

Buyer

ENTRUST Solutions

Warrenville, Illinois, United States

Category Company
Sector Business Services
Employees1,500
DESCRIPTION
EN Engineering's corporate headquarters in Warrenville, Illinois.
EN Engineering's corporate headquarters in Warrenville, Illinois.

ENTRUST Solutions is an outsourced provider of comprehensive design, engineering, and consulting services to utilities in the U.S. ENTRUST Solutions offers customers a full spectrum of services with expertise in gas and electric distribution, pipeline infrastructure, automation systems, and integrity management solutions. ENTRUST Solutions is based in Warrenville, Illinois.


Deal Context for Buyer #
Overall 4 of 10
Sector: Engineering 2 of 2
Type: Add-on Acquisition 4 of 10
State: Texas 1 of 2
Country: United States 4 of 9
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-06 Russell Corrosion Consultants

Columbia, Maryland, United States

Russell Corrosion Consultants, Inc. (RCC) was founded in 1993 in Columbia Maryland, and this remains the location of its headquarters today. Russell have performed projects across the globe. Designs and implementations of world-class corrosion control solutions for its clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-25 QC Data

Greenwood Village, Colorado, United States

QC Data is a provider of engineering design and data services. QC Data firm brings a comprehensive portfolio including work programs for major energy, utility, telecommunication, and engineering contracting organizations.

Buy -