Tetra Tech Expands High Performance Buildings Practice with Acquisition of Hoare Lea
28 July 2021 - 6:15AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services, announced today that it has
acquired Hoare Lea, a leader in sustainable engineering design.
Established in 1862, Hoare Lea is an industry leading consultancy
firm in the United Kingdom, with more than 900 employees.
“The addition of Hoare Lea to our High Performance Buildings
Group further advances Tetra Tech’s industry-leading sustainable
building solutions for our commercial and government clients,” said
Dan Batrack, Tetra Tech Chairman and CEO. “They join our global
practice that provides state-of-the-art net zero carbon design,
digital engineering and building intelligence for the future of the
built environment.”
“We are excited to join Tetra Tech,” said Justin Spencer, Hoare
Lea Managing Partner. “Engineers play a critical role in addressing
the global challenges we all face, balancing the tension between
planet-conscious and people-centric design. By joining the High
Performance Buildings Group we will be able to build upon our
strong and successful history of delivering outstanding outcomes
for our clients.”
The terms of the acquisition were not disclosed.
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and
engineering services for projects worldwide. With 21,000 associates
working together, Tetra Tech provides clear solutions to complex
problems in water, environment, sustainable infrastructure,
renewable energy, and international development. We are Leading
with Science® to provide sustainable and resilient solutions for
our clients. For more information about Tetra Tech, please visit
tetratech.com, follow us on Twitter (@TetraTech), or like us on
Facebook.
About Hoare Lea
Hoare Lea is an award-winning engineering consultancy with a
creative team of engineers, designers and technical specialists. We
provide innovative solutions to complex engineering and design
challenges for buildings. Irrespective of the scale or complexity
of a project, we provide a full range of mechanical, electrical,
and public health (MEP) engineering, environmental and
sustainability services, bringing buildings to life and ensuring
they perform in operation as well as they look.
Any statements made in this release that are not based on
historical fact are forward-looking statements. Any forward-looking
statements made in this release represent management’s best
judgment as to what may occur in the future. However, Tetra Tech’s
actual outcome and results are not guaranteed and are subject to
certain risks, uncertainties and assumptions ("Future Factors"),
and may differ materially from what is expressed. For a description
of Future Factors that could cause actual results to differ
materially from such forward-looking statements, see the discussion
under the section "Risk Factors" included in the Company’s Form
10-K and Form 10-Q filings with the Securities and Exchange
Commission.
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version on businesswire.com: https://www.businesswire.com/news/home/20210727006072/en/
Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
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