Add-on Acquisition • Construction

Grupo Terratest Acquires ASAP Group

On April 8, 2021, Grupo Terratest acquired construction company ASAP Group

Acquisition Context

This is Grupo Terratest’s 2nd transaction in the Construction sector.
This is Grupo Terratest’s 2nd transaction in the United States.
This is Grupo Terratest’s 1st transaction in Florida.

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M&A Deal Summary
Date	April 8, 2021
Target	ASAP Group
Sector	Construction
Buyer(s)	Grupo Terratest
Deal Type	Add-on Acquisition

Target Company

ASAP Group

Miramar, Florida, United States

ASAP Group specializing in a broad variety of shoring and foundation support methods, with a unique patented Sheetpiler™ technology. ASAP Group is based in Miramar, Florida.

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Buyer Overview 1

Buyer

Grupo Terratest

Madrid, Spain

Category	Company
Founded	1959
Sector	Construction
Employees	1,600

DESCRIPTION

Grupo Terratest is a specialized international contractor providing foundation work, ground improvement, and micro-tunneling services for large-scale infrastructure projects and industrial, commercial and residential construction. Grupo Terratest was founded in 1959 and is based in Madrid, Spain.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Construction	2 of 2
Type: Add-on Acquisition	2 of 2
State: Florida	1 of 1
Country: United States	2 of 2
Year: 2021	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2018-02-08	Geostructures Purcellville, Virginia, United States Geostructures, Inc. is a provider of engineering, design-build and construction services for ground improvement and slope stability applications in the US Mid-Atlantic region.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2018-02-08

Geostructures

Purcellville, Virginia, United States

Geostructures, Inc. is a provider of engineering, design-build and construction services for ground improvement and slope stability applications in the US Mid-Atlantic region.

Buy

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