M&A Deal Summary

Parsons Brinckerhoff Group Acquires Subsurface Group

On January 3, 2013, Parsons Brinckerhoff Group acquired business services company Subsurface Group

Acquisition Highlights
  • This is Parsons Brinckerhoff Group’s 1st transaction in the Business Services sector.
  • This is Parsons Brinckerhoff Group’s 1st transaction in the United States.
  • This is Parsons Brinckerhoff Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2013-01-03
Target Subsurface Group
Sector Business Services
Buyer(s) Parsons Brinckerhoff Group
Deal Type Add-on Acquisition
Advisor(s) Statesman Business Advisors (Financial)

Target

Subsurface Group

Houston, Texas, United States
Subsurface Group is a professional consulting and engineering firm providing services in underground injection, underground storage, specialty wells, petroleum and natural resources, and environmental science.

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Buyer(S) 1

Buyer

Parsons Brinckerhoff Group

New York, New York, United States

Category Company
Founded 1885
Sector Engineering
DESCRIPTION

Parsons Brinckerhoff is a professional services firm with a network of approximately 170 offices and nearly 13,500 employees on five continents. The firm is a premier infrastructure consultancy providing services in transportation, power, energy, community development, water, mining and environment segments.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-13 Halsall Associates

Toronto, Ontario, Canada

Halsall Associates Ltd. is a provider of personalized engineering services.

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