Parsons Corporation (PSN), a leading technology firm within the defense sector, announced on Monday its acquisition of BCC Engineering, LLC, a prominent transportation engineering company, for $230 million in cash. This transaction is anticipated to be finalized within the next month.
In projections for the full year 2025, Parsons expects BCC Engineering to generate approximately $110 million in revenue, contributing positively to both Parsons' revenue growth and adjusted EBITDA margins.
This acquisition aligns with Parsons’ strategic objective of acquiring high-growth firms that exhibit over 10% revenue growth alongside robust adjusted EBITDA margins, as highlighted by the company.
Following the completion of the acquisition, BCC Engineering will be integrated into Parsons’ North America Infrastructure division.
Established in 1994, BCC Engineering is a portfolio company of Trivest Partners. It is renowned for its comprehensive engineering services, offering expertise in planning, design, and management across a range of transportation, civil, and structural engineering projects throughout Florida, Georgia, Texas, South Carolina, and Puerto Rico.
