M&A Deal Summary

Verdantas Acquires GRP

On December 13, 2023, Verdantas acquired engineering company GRP

Acquisition Highlights
  • This is Verdantas’ 2nd transaction in the Engineering sector.
  • This is Verdantas’ 5th transaction in the United States.
  • This is Verdantas’ 1st transaction in Michigan.

M&A Deal Summary
Date 2023-12-13
Target GRP
Sector Engineering
Buyer(s) Verdantas
Deal Type Add-on Acquisition

Target

GRP

Petoskey, Michigan, United States
GRP is an independent power utility consulting and electrical engineering firm delivering electrical design and construction administration services to a diverse array of clients within the power market, including electric cooperatives, municipalities, investor-owned utilities, plus industrial and commercial entities. GRP is based in Petoskey, Michigan.

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Buyer(S) 1

Buyer

Verdantas

Dublin, Ohio, United States
Category Company
Founded 2020
Sector Engineering
DESCRIPTION

Verdantas provides engineering, science, & planning consultants dedicated to making the world a better place for ourselves and future generations. Verdantas was founded in 2020 and is based in Dublin, Ohio.

DEAL STATS #
Overall 5 of 13
Sector (Engineering) 2 of 4
Type (Add-on Acquisition) 5 of 13
State (Michigan) 1 of 1
Country (United States) 5 of 13
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 Watcon

Gahanna, Ohio, United States

Watcon is a civil engineering company that provides water/sanitary/storm systems, street/roadway design, site evaluation, land planning, and a comprehensive suite of surveying services, including topographic, boundary, ALTA, and construction staking services across the central Ohio region. Watcon is based in Gahanna, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-16 Flatwoods Consulting Group

Tampa, Florida, United States

Flatwoods Consulting Group is a Small Business Enterprise (SBE) that assists clients in navigating complex environmental regulations. The company's services include environmental permitting and compliance, listed species permitting, wetland delineation and assessment, gopher tortoise relocation, geographic information systems (gis), land management, avian protection planning, and water resources. Flatwoods Consulting Group is based in Tampa, Florida.

Buy -
Mergr

Product

Company

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