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Engineering Firm Psomas Acquires Seattle-Based Firm Kpg

Jan 18, 2022•almost 4 years ago

Acquiring Company

Psomas

Acquired Company

KPG

Description

Engineering consulting firm Psomas announced today it has expanded its service capabilities and geographic footprint to serve the Pacific Northwest through the acquisition of Seattle-based KPG. KPG, known for its focus on interdisciplinary design, planning and surveying, is now KPG-Psomas.

Company Information

Company

Psomas

About

Psomas is an employee-owned engineering consulting firm that serves the Western U.S. with unmatched professionalism, a broad offering of services and a first-class team of professionals. With a rich 75-year history and an eye on the future, you'll find the team mastering sustainable solutions for growing communities with projects in construction management, engineering, environmental and surveying and geospatial services. Psomas embraces a people-first culture that prioritizes work-life balance, social responsibility and a focus on growth and development. Psomas.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