M&A Deal Summary

TRC Acquires Draper Aden Associates

On May 26, 2022, TRC acquired engineering company Draper Aden Associates

Acquisition Highlights
  • This is TRC’s 6th transaction in the Engineering sector.
  • This is TRC’s 17th transaction in the United States.
  • This is TRC’s 1st transaction in Virginia.

M&A Deal Summary

Date 2022-05-26
Target Draper Aden Associates
Sector Engineering
Buyer(s) TRC
Deal Type Add-on Acquisition

Target

Draper Aden Associates

Blacksburg, Virginia, United States
Draper Aden Associates provides engineering, energy related design and mapping services, water and wastewater design services, construction inspection and materials testing as well as surveying and environmental services across multiple key markets. Draper Aden Associates was founded in 1972 and is based in Blacksburg, Virginia.

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Buyer(S) 1

Buyer

TRC

Windsor, Connecticut, United States

Category Company
Founded 1969
Sector Engineering
Revenue 414M USD (2015)
DESCRIPTION

TRC is a global firm providing environmentally focused and digitally powered solutions that address the local needs of clients in consulting, construction, engineering, and management services, combining science with the latest technology to devise solutions that stand the test of time. TRC’s nearly 6,000 professionals serve a broad range of public and private clients, steering complex projects from conception to completion to help solve the toughest challenges. TRC was formed in 1969 and is based in Windsor, Connecticut.


DEAL STATS #
Overall 18 of 25
Sector (Engineering) 6 of 7
Type (Add-on Acquisition) 15 of 22
State (Virginia) 1 of 1
Country (United States) 17 of 22
Year (2022) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-23 United Sciences Testing

United States

United Sciences Testing provides emissions testing services to utility and industrial clients within the Great Lakes and Midwest regions of the US.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 Blue Oak Energy

Sacramento, California, United States

Blue Oak Energy is a firm that specializes in engineering for commercial and utility-scale photovoltaic (PV), commonly known as solar, and solar energy storage projects. Blue Oak Energy is based in Sacramento, California.

Buy -