SNC-Lavalin has acquired asset management and geographic information systems company Data Transfer Solutions, Inc. (DTS) for US$45M.
Neil Bruce, SNC-Lavalin.
The acquisition adds to the capabilities of SNC-Lavalin’s Atkins sector and will enhance service offerings in digital asset management for clients.
Headquartered in Orlando, Florida, with 78 employees, DTS is the creator of VueWorks, an enterprise asset management software solution for clients with large, complex infrastructure assets. The company’s solutions help to inventory, manage and optimize physical assets across their life cycle.
“DTS is an exciting addition to our organization,” said Neil Bruce, president and CEO, SNC-Lavalin, in a company release. “The acquisition will add enhanced service offerings in digital asset management for clients and is in line with the company’s stated strategy of expansion in digital technology to enhance efficiency of our service delivery to our clients across our core sectors
“Particularly in asset management, we are eager to support the advancement of DTS’s VueWorks product and state-of-the-art asset data collection capability,” added Heath Drewett, president of Atkins. “Focused initially on the public sector and transportation space in North America, we will align our planning and engineering expertise with DTS’s asset management and technology capability to provide valuable, end-to-end asset management solutions for our clients.”