26.06.2018 22:32:00
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TRC Acquires California Construction Management Firm Vali Cooper & Associates
LOWELL, Mass., June 26, 2018 /PRNewswire/ -- TRC, a leading provider of end-to-end engineering, consulting and construction management solutions fueled by innovative technology, announced today it has acquired Vali Cooper & Associates Inc., a top California infrastructure firm that manages transportation, water/wastewater, utility and facilities projects.
"Vali Cooper & Associates is a leading construction management firm in California and has an excellent reputation throughout the industry, especially in the public sector," said TRC CEO Chris Vincze. "This key acquisition aligns with our strategic growth strategy and will help diversify our robust portfolio of infrastructure services in one of the strongest markets in the country."
With the deal, TRC now has nearly 600 employees in California providing a full complement of engineering and management services in the infrastructure, oil and gas, environmental and power markets.
"TRC shares many of the same values as VC&A, and joining with them will boost our national presence and enable us to expand the breadth of services we bring to our clients," said Agnes Weber, VC&A's chief strategy officer. "This is a great fit for both firms and we are thrilled about this exciting new chapter."
Based in Concord, Calif., VC&A has 200 employees and is ranked No. 45 on ENR's list of the Top 100 construction management firms in the U.S. Its clients include the California Department of Transportation (Caltrans), the California Department of Water Resources, Bay Area Rapid Transit and municipalities, water/flood control districts, private entities and utilities across California.
The company has branch offices throughout California and one in Colorado.
"Expanding our construction services capabilities will deepen the relationships we have with our clients and allow us to better serve them as a full-service engineering and management consultant," said Doug Massih, president of TRC's Infrastructure Sector. "VC&A brings a strong leadership team and talented staff into our company, and they will all play a key role in growing our infrastructure business, especially in California."
The deal is the first major acquisition for TRC since it went private last June following its sale to New Mountain Capital.
The Vali Cooper & Associates M&A opportunity was introduced to TRC by Matheson Financial Advisors Inc., an AEC-focused corporate finance and investment banking firm that represented Vali Cooper and its shareholders.
About Vali Cooper & Associates
Vali Cooper & Associates Inc. is a professional services firm that specializes in construction management services for transportation (roadway and rail), water/wastewater and building facilities projects. Additional services include program and project management; stormwater pollution prevention, compliance and training; staff augmentation; and building plan checks. Since 1987, VC&A has built a solid foundation of successful construction projects to hundreds of satisfied clients in California and Colorado, including public agencies at the federal and state level and numerous towns, cities, counties, water/flood control districts, private entities and utilities. VC&A attributes its exemplary track record over the last 30 years to its focus on employee and client success.
About TRC
A pioneer in groundbreaking scientific and engineering developments since the 1960s, TRC is a global consulting, engineering and construction management firm that provides technology-enabled solutions to the power, oil and gas, environmental and infrastructure markets. We serve a broad range of public and private clients, steering complex projects from concept to completion to help solve the toughest challenges. TRC is ranked #19 on ENR's list of the Top 500 Design Firms in the United States.
Learn more at trcsolutions.com and follow us on Twitter, LinkedIn and Facebook.
Contact:
Doug Hanchett
Communications Manager
dhanchett@trcsolutions.com
978-656-3640
View original content:http://www.prnewswire.com/news-releases/trc-acquires-california-construction-management-firm-vali-cooper--associates-300672758.html
SOURCE TRC
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