Tetra Tech Acquires Enterprise Automation Expanding Its High-end Digital Water Solutions
28 October 2021 - 12:00AM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services, announced today that it has
acquired Enterprise Automation (EA), an industry leader in digital
water transformation consulting services, including control systems
integration, automation, advanced data analytics, platform
virtualization, and cyber security.
“Tetra Tech leverages digital technology solutions to strengthen
cyber security and improve operational efficiency for our clients
in the water sector,” said Dan Batrack, Tetra Tech Chairman and
CEO. “The addition of EA enables us to further expand our high-end
digital water consulting practice by adding EA’s talented team of
digital automation and advanced data analytics consultants.”
Josh Riley, EA Co-Founder, said, “We are extremely excited to
join Tetra Tech and to execute on our shared vision of providing
best-in-class control systems integration services. By joining
Tetra Tech, we will expand our client base and geographic reach,
while simultaneously providing new opportunities for our employees.
We will leverage multidisciplinary teams to provide exceptional and
reliable results for every project and support our clients on their
digital transformation journeys.”
The terms of the acquisition were not disclosed. EA is joining
Tetra Tech’s Government Services Group.
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 or follow us on LinkedIn, Twitter, and Facebook.
About Enterprise Automation
Based in Irvine, California, EA provides industrial control and
automation system consulting and engineering services for process
industries including water processing and distribution, chemical,
and life sciences, among others. Their staff are focused on the
design and implementation of critical systems for both municipal
and commercial customers.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211027005276/en/
Jim Wu, Investor Relations Charlie MacPherson, Media &
Public Relations (626) 470-2844
Tetra Tech (NASDAQ:TTEK)
Historical Stock Chart
From Mar 2024 to Apr 2024
Tetra Tech (NASDAQ:TTEK)
Historical Stock Chart
From Apr 2023 to Apr 2024