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M&A Deal Summary

Parsons Acquires TRS Group

On February 4, 2025, Parsons acquired environmental company TRS Group for 36M USD

Acquisition Highlights
  • This is Parsons’ 1st transaction in the Environmental sector.
  • This is Parsons’ 9th largest (disclosed) transaction.
  • This is Parsons’ 17th transaction in the United States.
  • This is Parsons’ 1st transaction in Indiana.

M&A Deal Summary
Date 2025-02-04
Target TRS Group
Sector Environmental
Buyer(s) Parsons
Deal Type Add-on Acquisition
Deal Value 36M USD

Target

TRS Group

Indianapolis, Indiana, United States
TRS Group is a provider in per and polyfluoroalkyl substances (PFAS), thermal, and holistic environmental remediation, having cleaned hazardous and toxic substances from soil, groundwater, and fire suppression systems for global clients. TRS Group was formed in 2000 and is headquartered in Indianapolis, Indiana.

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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 18 of 18
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 17 of 17
State (Indiana) 1 of 1
Country (United States) 17 of 17
Year (2025) 1 of 1
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-21 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.

Buy $230M
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