Home / M&A Activity / Chuck Harrington: Parsons Buys Delcan to Grow Transportation Business Line

Chuck Harrington: Parsons Buys Delcan to Grow Transportation Business Line

ParsonsParsons has moved to expand its transportation market footprint by acquiring infrastructure engineering, management and technical services provider Delcan for an undisclosed sum.

Delcan also supplies integrated system products to help customers manage railroad, highway, water, freight and intelligent transport projects, Parsons said Tuesday.

Chuck Harrington, Parsons’ chairman and CEO, said the company intends for the acquisition to further grow its infrastructure business lines and technology offerings.

Delcan is based in the Greater Toronto Area and employs nearly 800 workers in the U.S, Hong Kong and the Middle East.

The project management firm posted $126 million in fiscal year 2013 revenue.

Check Also

Carahsoft Adds AWS Offerings on GSA IT Schedule 70 Contract; Will Jones Quoted

Carahsoft Technology has expanded its role as an Amazon Web Services distributor by offering the AWS suite of cloud-based products and services via the General Services Administration's IT Schedule 70 contract vehicle.

AE Industrial Partners to Buy Rotocraft Services Provider Columbia Helicopters

Private equity firm AE Industrial Partners has agreed to acquire heavy-lift rotorcraft manufacturing and operations services provider Columbia Helicopters for an undisclosed amount. AEI said Thursday Columbia Helicopters CEO Steve Brandy will continue to serve in his position and Nancy Lematta will keep her majority share as part of the transaction.