M&A Deal Summary

Parsons Acquires BCC Engineering

On October 21, 2024, Parsons acquired engineering company BCC Engineering from Trivest Partners for 230M USD

Acquisition Highlights
  • This is Parsons’ 1st transaction in the Engineering sector.
  • This is Parsons’ 3rd largest (disclosed) transaction.
  • This is Parsons’ 16th transaction in the United States.
  • This is Parsons’ 2nd transaction in Florida.

M&A Deal Summary
Date 2024-10-21
Target BCC Engineering
Sector Engineering
Buyer(s) Parsons
Sellers(s) Trivest Partners
Deal Type Add-on Acquisition
Deal Value 230M USD
Advisor(s) Akerman (Legal)

Target

BCC Engineering

Miami, Florida, United States
BCC Engineering is a full-service engineering firm that provides planning, design and management services for transportation, civil and structural related engineering projects in Florida. BCC Engineering is headquartered in Miami, Florida.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Parsons

Pasadena, California, United States
Category Company
Founded 1944
Sector Engineering
DESCRIPTION
Parsons office in Columbia, Maryland.
Parsons office in Columbia, Maryland.

Parsons is an engineering and construction company with a focus on transportation, environmental/infrastructure, defense/security, and resources. The Company provides a variety of design, design-build, construction management, and other professional services packaged in alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide. Parsons was formed in 1944 and is based in Pasadena, California.

DEAL STATS #
Overall 17 of 17
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 16 of 16
State (Florida) 2 of 2
Country (United States) 16 of 16
Year (2024) 2 of 2
Size (of disclosed) 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-30 BlackSignal Technologies

Chantilly, Virginia, United States

BlackSignal is a next-generation digital signal processing, electronic warfare, and cybersecurity provider built to counter near-peer threats. BlackSignal Technologies is based in Chantilly, Virginia.

Buy $200M

Seller(S) 1

SELLER

Trivest Partners

Coral Gables, Florida, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION
Trivest's corporate headquarters in Coral Gables, Florida.
Trivest's corporate headquarters in Coral Gables, Florida.

Trivest is a private equity firm that invests in North American middle-market corporate acquisitions, recapitalizations, and growth capital financings. For platform investments, sectors of interest include niche manufacturing, value-added distribution, business services, and consumer products/services. The Firm seeks businesses with at least $4 million of EBITDA and valued between $20 and $250 million. Trivest prefers control-based situations but will also consider minority or co-investment opportunities. For add-on opportunities, Trivest will consider companies globally with valuations starting at $1 million. Trivest Partners was formed in 1981 and is based in Coral Gables, Florida.

DEAL STATS #
Overall 38 of 38
Sector (Engineering) 2 of 2
Type (Add-on Acquisition) 13 of 13
State (Florida) 10 of 10
Country (United States) 34 of 34
Year (2024) 4 of 4
Size (of disclosed) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-10 Total PowerGen Solutions

Mississauga, Ontario, Canada

Total PowerGen Solutions is a provider of commercial and industrial powergen solutions that fully complements maintenance and repair services, rentals, and equipment sales for standby, mobile, and prime power generator systems and other power quality and continuity equipment ranging from 10kW to 2,000kW and beyond. Total Power was founded in 1959 and is based in Mississauga, Ontario.

Sell -
Mergr

Product

Company

Legal