Prnewswire | April 04, 2023
Construction Partners, Inc. (NASDAQ: ROAD) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across six southeastern states, today announced that it has acquired Pickens Construction, Inc., headquartered in Anderson, South Carolina. The acquisition includes one hot-mix asphalt plant, related construction operations and approximately 20 employees that will be integrated as a bolt-on to CPI's South Carolina platform company, King Asphalt, Inc., and will expand its service market in the greater Greenville, South Carolina metro area.
Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "Today's acquisition expands our reach in the dynamic Upstate region of South Carolina, along the I-85 growth corridor between Greenville and Atlanta. We are now better positioned to serve both public and private market clients in the area, and to pursue future organic growth opportunities."
About Construction Partners, Inc.
Construction Partners, Inc. is a vertically integrated civil infrastructure company operating across six southeastern states. Supported by its hot-mix asphalt plants, aggregate facilities and liquid asphalt terminal, the company focuses on the construction, repair and maintenance of surface infrastructure. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges. The company also performs private sector projects that include paving and sitework for office and industrial parks, shopping centers, local businesses and residential developments.
PR Newswire | June 08, 2023
UES, a national leading engineering and consulting company, has acquired Riner Engineering, a geotechnical engineering and construction materials testing and inspection firm headquartered in Houston, TX.
Founded in 2006, Riner Engineering includes an experienced team of more than 170 engineers, project managers, technicians, and support staff based in offices in the Houston headquarters, Fort Worth, San Antonio, Austin, and Dallas. Riner maintains full-service soil and CMT laboratories accredited by the American Association for Laboratory Accreditation (A2LA) and by the American Association of State Highway and Transportation Officials (AASHTO). The firm has successfully completed thousands of projects throughout the state of Texas and has serviced private and public clients across multiple industries. Noteworthy Riner projects include Daikin Industries' $410 million, 4+ million square foot distribution and manufacturing facility in Waller, Texas, the world's largest according to the Tilt-Up Concrete Association, and Houston Airport Systems' Mickey Leland International Terminal (MLIT), Federal Inspection Services (FIS) building, and Checked Baggage Inspection and Screening (CBIS) building at Bush Intercontinental Airport as part of the $1.36 billion ITRP program.
Riner joins the Texas Region of UES, led by Brian Powell, P.E., President of the Texas Region. Riners' leadership team will continue to operate the day-to-day business. "Riner Engineering further expands the capabilities of our region and we are excited with the experience and people that Riner brings to our Texas team," said Brian Powell, P.E.
"We're proud to announce the expansion of our presence and technical expertise in Texas," said UES CEO Dave Witsken. "Texas is a leading market for infrastructure development in the U.S., and we believe UES will be better able to serve the growing market and provide enhanced services, solutions, and support to our clients with the addition of the Riner Engineering team."
Ken Riner, P.E., President of Riner Engineering, adds, "With this partnership, we at Riner can improve our ability to provide top-of-the line geotechnical engineering and materials testing services with access to more personnel, more equipment, and more capabilities. Working in UES and UES' Texas Region allows Riner to continue performing at the highest levels of our chosen engineering specialties, with top-quality people and a wider range of tools."
With nearly six decades of experience and recognition as the premier engineering and consulting firm in the geotechnical engineering space, UES is well-positioned to serve the needs of commercial, residential, and civic customers across the country. Beginning in 2019, UES' acquisitions have included prominent engineering firms including: Universal Engineering Sciences, GFA International, Inc., NOVA Geotechnical & Inspection Services, Contour Engineering, Wallace-Kuhl & Associates, Construction Testing & Engineering, SUMMIT Engineering, Laboratory & Testing, GEOServices, McGinley & Associates, Geotechnology, Alpha Testing, GSI Engineering, Speedie & Associates, Rock Engineering Testing & Laboratory, Dan Brown and Associates, Carmichael Engineering, Faulkner Engineering Services, Grubbs, Hoskyn, Barton & Wyatt, and now Riner Engineering, which have made UES one of the largest, most resource-rich organizations of its kind nationwide.
UES is a privately held, rapidly growing engineering and consulting firm with nearly six decades of experience in geotechnical engineering, construction materials testing, building code compliance, threshold inspections and environmental consulting. With nearly 3,500 professionals across more than 85 branches in high growth markets in the U.S., UES consults on projects of all sizes for public and private clients across many industries including transportation, healthcare, commercial, education, industrial, and residential. UES was named 'Hot Firm of the Year' by Zweig Group for 2021, 2022, and 2023.
About Riner Engineering
Riner Engineering, Inc. (RINER) is a privately held Texas corporation specializing in geotechnical engineering (GEO) and construction materials testing and inspection (CMT). RINER has offices in Houston (corporate), Fort Worth, San Antonio, Austin and Dallas. RINER owns and operates truck-, track-, and buggy-mounted drilling rigs and maintains full-service soil and CMT laboratories accredited by the American Association for Laboratory Accreditation (A2LA) and by the American Association of State Highway and Transportation Officials (AASHTO). RINER has a staff of 170+, including engineers, project managers, technicians, and support staff. Since 2006, we have successfully completed thousands of projects throughout the state of Texas and serviced private and public clients across multiple industries.
Businesswire | March 23, 2023
Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced it has entered into a non-exclusive commercial agreement to strategically accelerate the adoption of Infrastructure IoT, further unlocking value for infrastructure designers, constructors, and owner-operators in their use of infrastructure digital twins. To this end, Worldsensing is acquiring from Bentley sensemetrics’ Thread connectivity device business to expand its hardware portfolio offerings. Bentley also becomes the lead investor in Worldsensing’s Series D capital raise.
Worldsensing’s acquisition of the Thread connectivity device business will offer new options to its customers where adaptive sensor integrations or active sensor management are a key requirement. Thread offers broadband sensor connectivity to uniquely connect dynamic, high-power, or high-speed sensors and stream sensor data to the cloud for analysis. Thread is a fully autonomous sensor connectivity device with optional integrated 4G/LTE cellular modem, wireless mesh networking, and battery pack in a weather resistant enclosure. Each broadband device also serves as a gateway for wireless smart sensors. Combined with Worldsensing’s existing market-leading offerings, Thread will be a driver for new growth opportunities. Worldsensing will become a preferred sensor connectivity partner to Bentley and Bentley will become a preferred IoT software partner to Worldsensing offering mutual users a best-in-class fully integrated end-to-end sensor management solution.
“We are thrilled to enter into this agreement with Bentley Systems,” said Ignasi Vilajosana, CEO of Worldsensing. “The acquisition of sensemetrics’ Thread connectivity device business will expand our portfolio and allow us to provide more options to our customers. We are pleased to become a preferred sensor connectivity partner for Bentley’s iTwin IoT digital twin cloud services, confirming our position as the reference connectivity platform for mining, construction, rail, and infrastructure monitoring.”
“We are excited to partner with Worldsensing and believe that this strategic agreement will bring significant benefits to our respective user bases,” said Justin Schmidt, Vice President, corporate development with Bentley Systems. “We are confident that the combination of Worldsensing’s expertise in IoT solutions and our leadership in infrastructure digital twin software will create a powerful offering for the market.”
About Bentley Systems
Bentley Systems is the infrastructure engineering software company. We provide innovative software to advance the world’s infrastructure – sustaining both the global economy and environment. Our industry-leading software solutions are used by professionals, and organizations of every size, for the design, construction, and operations of roads and bridges, rail and transit, water and wastewater, public works and utilities, buildings and campuses, mining, and industrial facilities. Our offerings, powered by the iTwin Platform for infrastructure digital twins, include MicroStation and Bentley Open applications for modeling and simulation, Seequent’s software for geoprofessionals, and Bentley Infrastructure Cloud encompassing ProjectWise for project delivery, SYNCHRO for construction management, and AssetWise for asset operations. Bentley Systems’ 5,000 colleagues generate annual revenues of more than $1 billion in 194 countries.
Worldsensing is a global IoT pioneer. Founded in 2008, the infrastructure monitoring expert serves customers in more than 70 countries, with a network of global partners to jointly drive safety in mining, construction, rail and structural health. Worldsensing is headquartered in Barcelona and has a local presence in the UK, North and South America, Singapore, Australia and Poland. Investors include Cisco Systems, Mitsui & Co, McRock Capital, ETF, Kibo Ventures, JME Ventures and Bentley Systems.
The solutions by Worldsensing are the market reference for automated monitoring of large-scale civil infrastructure. They enable near real-time data acquisition of geotechnical, geospatial and structural sensors as well as remote device, data and network management. Engineers and experts tasked with civil infrastructure monitoring can capture sensor data through Worldsensing edge devices and send information to the cloud for 24/7 monitoring. With thousands of network deployments connecting over 250,000 sensors around the globe, Worldsensing’s solution has rapidly become the monitoring standard within a growing range of industries.