M&A Deal Summary

Forgen Acquires Inquip Associates

On May 14, 2020, Forgen acquired construction company Inquip Associates

Acquisition Highlights
  • This is Forgen’s 1st transaction in the Construction sector.
  • This is Forgen’s 1st transaction in the United States.
  • This is Forgen’s 1st transaction in Virginia.

M&A Deal Summary

Date 2020-05-14
Target Inquip Associates
Sector Construction
Buyer(s) Forgen
Deal Type Add-on Acquisition

Target

Inquip Associates

McLean, Virginia, United States
Inquip Associates, Inc. is a specialty geotechnical contractor founded in 1977. Inquip traces its roots to the beginning of slurry trench technology in 1950 on the Terminal Island Project, in California, for the Los Angeles Port Authority. The company's capabilities include underground seepage barriers; cast-in-place and precast slurry walls for support of excavations; deep soil mixing; leachate collection systems; liners; pressure and jet grouting; and reactive barriers. Inquip uses the slurry trench method of excavation for a wide range of construction, including soil-bentonite cutoff walls; cast-in-place concrete slurry walls; and biopolymer drainage and recharge trenches.

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Buyer(S) 1

Buyer

Forgen

Centennial, Colorado, United States

Category Company
Founded 2016
Sector Environmental
DESCRIPTION

Forgen is an environmental contractor offering remediation and infrastructure technology solutions across the country. The company provides high-quality environmental remediation and infrastructure technologies to public and private sector clients. It has delivered hundreds of safe and successful projects in a variety of settings utilizing innovative technical solutions and implementation strategies that render the best possible value. Forgen was formed in 2016 and is based in Centennial, Colorado.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1