Le Lézard
Classified in: Environment
Subject: Merger/Acquisition

Kleinfelder Acquires Geotechnical, Environmental, and Testing Division From Advantage Engineers


The Kleinfelder Group, Inc., a leading engineering, construction management, design, and environmental professional services firm, announced today that it has completed an asset purchase agreement with Advantage Engineers to acquire their geotechnical engineering, environmental consulting, and construction observation and materials testing (CoMET) services division. The transaction closed on December 10, 2019.

"The Advantage Engineers transaction brings additional capabilities to our Mid-Atlantic business and perfectly complements Kleinfelder's operations as a whole," said Kleinfelder's President and CEO, Louis Armstrong. "We now have a strong CoMET practice that seamlessly integrates with our existing geotechnical and environmental practices in the region. This additional expertise can be leveraged to deliver added value to existing clients, as well as create opportunities with new clients that will fuel growth," Armstrong continued.

The acquired operations are successfully positioned in the Industrial Distribution & Logistics and Commercial Development markets. Within the Mid-Atlantic states, these will be new markets for Kleinfelder and will help the company expand business regionally. In addition, since many existing clients for Advantage Engineers have a national footprint, the combined organization will now be able to serve these clients throughout the U.S. With the transaction, Kleinfelder is adding new office locations in Pennsylvania, New Jersey, and Maryland.

"I am excited to join Kleinfelder," said Dan Schauble, formerly Advantage Engineers' Geo-Environmental Division President. "Kleinfelder's technical capabilities and national footprint will enhance and advance the exceptional geotechnical, environmental, and CoMET consulting services Advantage Engineers has provided for the last two decades."

Alignment with Strategic Plan

The addition of Advantage Engineers is Kleinfelder's first acquisitive activity since 2014, as well as the first since Wind Point Partners' investment in Kleinfelder in November 2018. Led by President and CEO Louis Armstrong, Kleinfelder's strategic plan anticipates continued significant growth, both through acquisition and organic development, as we provide solutions that improve our clients' transportation, water, energy, and other private infrastructure.

Kleinfelder. Bright People. Right Solutions.

Founded in 1961, Kleinfelder is a leading engineering, construction management, design, and environmental professional services firm. Kleinfelder operates from over 60 office locations in the United States, Canada, and Australia. The company is headquartered in San Diego, California. Kleinfelder is poised to grow and continue to provide solutions for our diverse client base. Visit Kleinfelder.com or follow us on LinkedIn/Kleinfelder.


These press releases may also interest you

at 15:05
Marmon Foodservice Technologies, a global manufacturer of premium commercial food and beverage equipment, has received validation for its near-term greenhouse gas (GHG) emissions reduction targets by the Science Based Targets initiative (SBTi). The...

at 14:35
This month, Tarkett hosted its third annual Circularity Summit, bringing together thought leaders from 14 distinct organizations serving the built environment to collaboratively tackle the challenges of achieving a circular economy. The group spent...

at 14:10
To mark Earth Day this week, environmental groups and health organizations pointed to the importance of preserving clean water. Within this space, grade school drinking water safety is an environmental justice issue that deserves more attention. Lead...

at 14:00
The aging Wawiskas Community Hall will receive much-needed upgrades after a combined investment of over $3 million from the federal government through the Green and Inclusive Community Buildings program and the Heiltsuk Tribal Council. Announced by...

at 13:56
Today, First Student, the leading school transportation provider in North America, and proven industry leader in electrification, hosted a ribbon-cutting ceremony at Steelton-Highspire School District celebrating the deployment of the first electric...

at 13:15
OpenGate Capital ("OpenGate"), a global private equity firm, announced today that it has completed the sale of SMAC, a provider of waterproofing and building envelope systems, to Compagnie Financière Jousset ("CFJ") and the SMAC management team....



News published on and distributed by: