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Gannett Fleming completes acquisition of DEC to deepen its presence in Texas

Mar 18, 2024•over 1 year ago

Acquiring Company

Gannett Fleming

Acquired Company

DEC

Camp HillHoustonCivil EngineeringConstructionCivil Engineering

Description

Gannett Fleming, a leading engineering and infrastructure solutions provider, has acquired DEC, a Texas-based water and transportation engineering services provider. This strategic acquisition allows Gannett Fleming to deepen its presence in Texas and expand its capacity to serve transportation and water clients on a larger scale.

Company Information

Company

Gannett Fleming

Location

Camp Hill, Pennsylvania, United States

About

Gannett Fleming is a privately held architecture, engineering, and construction (“AEC”) firm partnering closely with our clients on some of the toughest challenges facing our communities today. We offer comprehensive infrastructure solutions to a wide range of markets, including transportation, life sciences, water resources, education, industrial, federal, power, and energy. Founded in 1915, we are the employer of choice for 2,800+ of the best and brightest in the industry. With a focus on making the built environment safer, as well as more resilient and sustainable, our clients seek us out for our expertise and prefer us for our personal service, innovation, and creative minds. For more information, visit www.gannettfleming.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed