Tetra Tech (TTEK) Acquires Three Companies
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Tetra Tech, Inc. (NASDAQ: TTEK) has acquired three companies that expand its geographic coverage and technical services. Tesoro Corporation (NYSE: TSO) is a construction management firm that works primarily for the U.S. Department of Defense (DoD) on Base Realignment and Closure (BRAC) and military construction programs. Based in Virginia Beach, Virginia, Tesoro has revenue of approximately $80 million per year.
Tetra Tech also recently acquired and integrated two highly specialized companies. Mussetter Engineering of Fort Collins, Colorado, provides expertise in water resources, fluvial geomorphology, and environmental hydraulics. ACI Engineering of Vancouver, British Columbia, provides high voltage power engineering to support energy transmission. Together, Mussetter Engineering and ACI Engineering have about $5 million in annual revenue.
Tetra Tech did not disclose the terms of the acquisitions.
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