Tetra Tech Expands Digital Water and Energy Practices with the Acquisition of TIGA
07 July 2022 - 11:00PM
Business Wire
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end
consulting and engineering services, announced today that it has
expanded its digital water practice with the acquisition of The
Integration Group of Americas (TIGA), an industry leader in process
automation and systems integration solutions, including customized
software and platform (SaaS/PaaS) applications, advanced data
analytics, cloud data integration, and platform virtualization.
TIGA expands the company’s digital water practice with
industry-leading software engineers, digital automation integrators
and advanced data analytics consultants.
“Tetra Tech uses our Leading with Science® approach and the
suite of Tetra Tech Delta technologies to provide digital solutions
for our clients that generate value by leveraging data analytics
and systems integration,” said Dan Batrack, Tetra Tech Chairman and
CEO. “The addition of TIGA enables us to further expand our
high-end digital consulting and platform solutions across water,
environmental, and energy sectors.”
John Miller, TIGA President, said, “Solving complex challenges
related to water, energy, and sustainable infrastructure by
leveraging data analytics is a critical need for our clients. By
joining Tetra Tech, we will provide industry-leading control system
integration and digital transformation services to an expanded
client base while simultaneously providing new opportunities for
our employees.”
The terms of the acquisition were not disclosed. TIGA 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 TIGA
Based in Houston, Texas, TIGA is a leading systems integration
and engineering services company that leverages both established
and emerging technologies to improve operational efficiency,
increase reliability, and enhance safety for industrial
markets.
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/20220706005892/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