M&A

TRC Wins Business Achievement Award for Vali Cooper Acquisition

“The acquisition of Vali Cooper was a continuation of our disciplined growth strategy and further cemented our position as a leading provider of integrated services in one of the leading infrastructure markets in the world.”– Jim Stephenson, TRC’s Chief Strategy Officer

LOWELL, Mass. (PRWEB)
March 21, 2019

TRC, a leading provider of end-to-end engineering, consulting and construction management solutions fueled by innovative technology, received a Business Achievement Award for growth and innovation yesterday from the Environmental Business Journal for its 2018 acquisition of Vali Cooper & Associates.

TRC acquired the California-based infrastructure and construction management firm last June. It was the company’s first major acquisition after going private in a 2017 sale to New Mountain Capital.

“The acquisition of Vali Cooper was a continuation of our disciplined growth strategy and further cemented our position as a leading provider of integrated services in one of the leading infrastructure markets in the world,” said Jim Stephenson, TRC’s Chief Strategy Officer. “With New Mountain Capital’s support going forward, we are better positioned than ever to continue investing in the business and accelerating our growth initiatives.”

Thanks to the Vali Cooper & Associates acquisition, TRC now has 600 employees in California providing a full complement of engineering and construction management services in the infrastructure, oil and gas, environmental and power markets.

“In what is widely regarded as a stable market, a number of companies exceeded the norms of low single-digit growth with double-digit growth or ambitious ventures into new practice areas or technology development,” said Grant Ferrier, president of Environmental Business International Inc., publisher of Environmental Business Journal.

The 2018 EBJ awards were presented at the Environmental Industry Summit XVII in San Diego on March 20.

About Environmental Business International

Founded in 1988, Environmental Business International Inc. is a research, publishing and consulting company that specializes in defining emerging markets and generating strategic market intelligence for companies, investors and policymakers. EBI publishes Environmental Business Journal® and Climate Change Business Journal®. EBI also performs contract research for the government and private sector and founded the Environmental Industry Summit Series, four annual conferences for executives in the environmental industry.

About TRC

Groundbreaker. Game changer. Pioneer. Since the 1960s TRC has set the bar for clients who require more than just engineering, combining science with the latest technology to devise innovative solutions that stand the test of time. Today we are a global consulting firm for the oil and gas, power, environmental and infrastructure markets. TRC’s 5,000 professionals work with a broad range of commercial, industrial and government clients and the communities they serve. We deliver breakthrough solutions that address local needs – so our clients can better succeed in an ever-changing world.

TRC is ranked #19 on ENR’s list of the Top 500 Design Firms in the United States.

Source

Prakash Poojary
Business Analyst

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