M&A Deal Summary

TMC Acquires Propel Engineering

On September 16, 2024, TMC acquired engineering company Propel Engineering

Acquisition Highlights
  • This is TMC’s 3rd transaction in the Engineering sector.
  • This is TMC’s 3rd transaction in the United States.
  • This is TMC’s 3rd transaction in Florida.

M&A Deal Summary
Date 2024-09-16
Target Propel Engineering
Sector Engineering
Buyer(s) TMC
Deal Type Add-on Acquisition
Advisor(s) Cross Keys Capital (Financial)

Target

Propel Engineering

West Palm Beach, Florida, United States
Propel Engineering is a distinguished civil engineering firm specializing in highway design, traffic analysis, structural design, and environmental engineering services. Propel Engineering was founded in 2013 and is based in West Palm Beach, Florida.

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Buyer(S) 1

Buyer

TMC

Orlando, Florida, United States
Category Company
Founded 2012
Sector Engineering
DESCRIPTION

TMC is an engineering company specializing in transportation planning and traffic engineering. TMC serves private clients and governmental agencies at the local, county, and state levels. TMC was founded in 2012 and is based in Orlando, Florida.

DEAL STATS #
Overall 3 of 3
Sector (Engineering) 3 of 3
Type (Add-on Acquisition) 3 of 3
State (Florida) 3 of 3
Country (United States) 3 of 3
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-06 Lincks

Tampa, Florida, United States

Lincks is a transportation and traffic engineering firm offering transportation and civil engineering services to public and private sectors across central Florida. Lincks was formed in 1987 and is based in Tampa, Florida.

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