M&A Deal Summary

Grupo Terratest Acquires ASAP Group

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2021-04-08
Target ASAP Group
Sector Construction
Buyer(s) Grupo Terratest
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Grupo Terratest

Madrid, Spain
Category Company
Founded 1959
Sector Construction
Employees1,600
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 STATS #
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.

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