SRA Agrees to Buy PQA

SRA has agreed to acquire Perrin Quarles Associates (PQA), Inc., a privately held environmental consulting firm that specializes in environmental program development and implementation for air quality and climate change.

“PQA is a perfect complement to SRA’s environmental expertise and services, ” said SRA President and CEO Stan Sloane. “PQA has a proven track record of exceeding customer expectations, a dedicated employee base, and is a world leader in the billion-dollar air-quality and climate-change markets – all of which positions SRA well in this market adjacent to our core environmental offerings.”

While PQA is expected to contribute approximately $6 million of revenue in the remainder of SRA’s fiscal year 2010, the deal is subject to normal closing conditions.  The deal is expected to be finalized by the end of the month.

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