TRC, a leading provider of end-to-end engineering, consulting and construction management solutions fueled by innovative technology, announced that 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, California, 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 in June 2017 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.
SOURCE – TRC