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’ 10th 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 20
Sector: Environmental M&A 1 of 1
Type: Add-on Acquisition M&A Deals 17 of 19
State: Indiana M&A 1 of 1
Country: United States M&A 17 of 19
Year: 2025 M&A 1 of 3
Size (of disclosed) 10 of 10
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
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-01 CTI

California, Maryland, United States

CTI is a provider of high-end software and systems development products for the defense and intelligence communities. CTI is based in California, Maryland.

Buy $89M