Tetra Tech acquires BPR
At the beginning of October, Tetra Tech acquired BPR, one of Quebec's largest consulting engineering firms, wi...
At the beginning of October, Tetra Tech acquired BPR, one of Quebec’s largest consulting engineering firms, with more than 1,600 employees. The company was established almost 50 years ago and provides services in water, energy, industrial plants, buildings, and infrastructure projects. It generated approximately US $170 million in revenue over the past 12 months
This is the third major acquisition that Tetra Tech has made recently in Canada, following the acquisition of two western Canadian firms: EBA Engineering of Edmonton in August 2010 and Wardrop Engineering that began in Winnipeg in January 2009.
Tetra Tech now has about 3,500 employees working in Canada and 12,000 employees worldwide in 330 offices. Based in Pasadena, California, it became a public company in 1991 and is traded on the Nasdaq Global Select Market under the symbol TTEK.
The terms of the BPR acquisition were not disclosed.
Dan Batrack, Tetra Tech’s Chairman and CEO, said, “We welcome all of the employees of BPR to Tetra Tech….With the addition of BPR in eastern Canada, Tetra Tech now offers its Canadian clients complete coast to coast coverage. BPR has no geographic overlap with existing operations.”
At the same time as it announced the BPR acquisition, Tetra Tech renamed its former Environmental Consulting Services division the Engineering and Consulting Services segment. BPR will join this segment, which focuses on front-end services.