M&A Deal Summary

Versar Acquires Black & Veatch Environmental Services Business

On June 23, 2021, Versar acquired environmental company Black & Veatch Environmental Services Business from Black & Veatch

Acquisition Highlights
  • This is Versar’s 1st transaction in the Environmental sector.
  • This is Versar’s 4th transaction in the United States.
  • This is Versar’s 1st transaction in Kansas.

M&A Deal Summary

Date 2021-06-23
Target Black & Veatch Environmental Services Business
Sector Environmental
Buyer(s) Versar
Sellers(s) Black & Veatch
Deal Type Divestiture

Target

Black & Veatch Environmental Services Business

Overland Park, Kansas, United States
Black & Veatch Environmental Services Business provides a range of services such as remediation, investigation, assessment, and design for the Environmental Protection Agency ("EPA"), the U.S. Army Corps of Engineers ("USACE"), and other Federal government agencies. The company partners dedicated environmental consultants and scientists with industry-recognized engineering and construction teams. This collaboration enables better navigation of changing regulations and shifting stakeholder expectations while keeping your project, regardless of scale or location, on schedule. In addition, it helps in realizing the benefits of deploying reliable, sustainable technologies that enable better measurement and reporting through easy-to-implement digital asset management platforms.

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Buyer(S) 1

Buyer

Versar

Washington, District of Columbia, United States

Category Company
Founded 1969
Sector Business Services
Revenue 159M USD (2015)
DESCRIPTION

Versar is a project management company providing sustainable value-oriented solutions to government and commercial clients in the construction management, environmental services, and professional services market areas. Versar was founded in 1969 and is based in Washington, District of Columbia.


DEAL STATS #
Overall 4 of 5
Sector (Environmental) 1 of 1
Type (Divestiture) 2 of 3
State (Kansas) 1 of 1
Country (United States) 4 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-02 BayFirst

Washington, District of Columbia, United States

BayFirst is a management and engineering firm specializing in national security and defense, helping government clients implement programs that protect public safety and enhance homeland security initiatives. BayFirst was founded in 2002 and is based in Washington, District of Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-07 Louis Berger Services

Washington, District of Columbia, United States

Louis Berger Services is an international professional services firm mainly active in the transportation, infrastructure, environmental, and water sectors, as well as in master planning. LBS specializes in operations and maintenance services for complex infrastructure assets at mission-essential defense and civilian facilities worldwide. Louis Berger Services was formed in 1953 and is based in Washington, District of Columbia.

Buy -

Seller(S) 1

SELLER

Black & Veatch

Overland Park, Kansas, United States

Category Company
Founded 1915
Sector Engineering
DESCRIPTION
Entrance to Black & Veatch's corporate headquarters in Overland Park, Kansas.
Entrance to Black & Veatch's corporate headquarters in Overland Park, Kansas.

Black & Veatch Corporation is a global engineering, consulting and construction company specializing in infrastructure development in the fields of energy, water and information. Black & Veatch was formed in 1915 and is based in Overland Park, Kansas.


DEAL STATS #
Overall 1 of 2
Sector (Environmental) 1 of 1
Type (Divestiture) 1 of 2
State (Kansas) 1 of 2
Country (United States) 1 of 2
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-01 RCC Consultants

Woodbridge, New Jersey, United States

RCC Consultants, Inc. is a global IT engineering and consulting firm serving public safety and private networks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Bird Electric

Eastland, Texas, United States

Bird Electric is a electrical construction services provider to electric utility clients with a national reach in emergency power restoration. Bird also has long-established relationships with fuels producers, and its capabilities are relevant and applicable to other adjacent linear and distributed construction markets and solutions. Bird Electric was founded in 2004 and is based in Eastland, Texas.

Buy -