ENGINEERING TECH, CONSTRUCTION
Prnewswire | May 05, 2023
CHA Consulting, Inc. (CHA), an innovative engineering design, consulting, and project management firm, announced today it has acquired Javan Engineering, a full-service engineering firm serving the industrial, chemical, pharmaceutical, biotech, healthcare, and university markets. Javan Engineering is based in greater Philadelphia, PA, with 200 employees. Javan's core engineering services include process, electrical, instrumentation & controls, automation reliability, process safety management (PSM), asset management, equipment maintenance, and project management services. The firm has offices in Fort Washington and Lansdale, PA, as well as Raleigh, NC.
"Javan Engineering is a significant and exciting addition that provides an expanded platform for CHA to offer best-in-class multi-discipline engineering services, project management and asset management capabilities, positioning us for strategic growth in key advanced manufacturing markets," said Jim Stephenson, CEO of CHA Holdings. "The Javan team brings unique breadth and depth in life sciences/pharmaceuticals, biotech, chemical, and other industrial/specialized manufacturing facilities. CHA has similar existing clients who will benefit tremendously from these expanded capabilities. With increasing investment and demand for domestic manufacturing and continued growth in pharma, life sciences and semiconductors, we see great opportunities to serve our clients and to be a leader in this market."
Javan Engineering CEO Moses Javan said, "We are passionate about our work and differentiate ourselves with deep expertise, while being responsive to our clients' needs. Our growth and performance have excelled because of our long-tenured-trusted relationships with blue-chip clients. CHA is a great cultural and strategic fit for Javan. The long history of exceptional client retention, service, and innovation, makes the joining of our firms a natural match, benefiting both our clients and employees. We have significant opportunities ahead as we expand our offerings with the collaboration of our two talented teams. We are very much looking forward to continuing to serve our clients safely and with the greater capabilities of our two firms."
The addition of Javan Engineering brings CHA's staff count to over 1,700 in 50 offices from Canada to Florida to the Midwest. Javan Engineering will be rebranded as Javan Engineering, A CHA Company, effective immediately. Morrissey-Goodale initiated this transaction and served as Javan's M&A advisor.
About CHA Consulting, Inc.
CHA Consulting, Inc. is an innovative, full-service engineering design, consulting, and project management firm providing a wide range of technology-enhanced services to public, private, and institutional clients. The Company is focused on delivering sustainable, integrated solutions to the world's most challenging infrastructure and facilities projects across utilities, transportation, water, and other critical commercial and industrial end-markets. Headquartered in Albany, NY, the Company has established a national footprint with 50 offices and ~1,700 employees. CHA was ranked the 69th largest engineering firm in the U.S. in 2023 by Engineering News-Record. For more information, please visit www.chacompanies.com.
About Javan Engineering
Javan Engineering is a full-service engineering consulting firm based in Fort Washington, PA, serving a highly regarded roster of clients in the industrial, chemical, pharmaceutical, biotech, healthcare, and university markets. The Javan team blends the expertise of vigilant project managers, engineers, construction experts, compliance and safety experts, and procurement specialists. For more information, please visit www.JavanEngineering.com.
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ENGINEERING TECH
Businesswire | April 13, 2023
Mouser Electronics, Inc., the New Product Introduction (NPI) leader™ empowering innovation, is excited to continue its co-sponsorship of the FIRST® Robotics Competition, which inspires innovation and fosters well-rounded life capabilities in tens of thousands of young people every year. Mouser will be the exclusive sponsor of the Hall of Fame at the 2023 FIRST® Championship, April 19-21 in Houston. The Hall of Fame honors the winning FIRST Robotics Competition teams of the esteemed Impact Award, which rewards the teams who best exemplify the goals and values of FIRST.
"Since our founding, education has been a main facet of Mouser's mission," said Kevin Hess, Mouser's Senior Vice President of Marketing. "We are very honored to once again be a sponsor of the FIRST Championship Hall of Fame, which we have proudly supported for a decade. The organization gives students around the world a platform for innovation, a chance to learn valuable engineering skills, and an opportunity to build character and self-esteem."
Since 2014, Mouser has been a major supporter of FIRST (For Inspiration and Recognition of Science and Technology), a leading youth-serving nonprofit advancing science, technology, engineering, and math (STEM) education through hands-on robotics programs. Mouser sponsors FIRST virtual and live competitions at the local, regional, state, and international levels. Joining Mouser in the sponsorship is valued manufacturer partner Analog Devices, Inc.
During the 2022-23 FIRST Robotics Competition season, nearly 100,000 high-school students on more than 3,400 teams from across the world are learning, discovering, and solving engineering challenges through a series of robotics events. Mouser was a major presenting co-sponsor of the recent FIRST® in Texas/UIL State Robotics Championships, in Houston, Texas. Mouser also supports FIRST teams in its community, providing grants for local high school teams.
As a global authorized distributor, Mouser offers the world’s widest selection of the newest semiconductors and electronic components — in stock and ready to ship™. Mouser’s customers can expect 100% certified, genuine products that are fully traceable from each of its manufacturer partners. To help speed customers’ designs, Mouser’s website hosts an extensive library of technical resources, including a Technical Resource Center, along with product data sheets, supplier-specific reference designs, application notes, technical design information, engineering tools and other helpful information.
Engineers can stay abreast of today’s exciting product, technology and application news through Mouser’s complimentary e-newsletter. Mouser’s email news and reference subscriptions are customizable to the unique and changing project needs of customers and subscribers. No other distributor gives engineers this much customization and control over the information they receive. Learn about emerging technologies, product trends and more by signing up today at https://sub.info.mouser.com/subscriber/.
About Mouser Electronics
Mouser Electronics, a Berkshire Hathaway company, is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor's website, mouser.com, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 27 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area.
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ENGINEERING TECH, CONSTRUCTION
Businesswire | June 06, 2023
Bowman Consulting Group Ltd., today announced the acquisition of MTX Surveying, Inc. a geospatial, land survey and project management company based in Marshall, Texas. Founded by Shane Nafe and Austin Holland in 2016, the firm has grown rapidly to a workforce of over 60 accredited professionals, technicians, and support staff serving clients in Texas, Louisiana, and New Mexico. Today, MTX provides full-service consulting, project management, surveying, mapping, and permitting services for clients working in oil and gas, energy and renewables, utility services, and land development. The MTX staff will all become Bowman employees in connection with the acquisition.
“Shane and Austin have built an exciting company,” said Gary Bowman, CEO of Bowman. “Their focus on oil and gas, energy, and renewables projects will help to accelerate our goal of increasing the contribution of power and utility-oriented assignments within our revenue mix. Their experience with aerial mapping, data capture, hi-res orthometric imagery, and drone surveying complements other recent acquisitions and investments we have made in geospatial technologies and services.”
“We’re pleased to be joining Bowman and are excited about the opportunities this acquisition provides,” said Shane Nafe, President and Founding Partner of MTX Surveying. “Bowman has an expansive national platform of clients, assignments, and engineering professionals to which we can contribute immediately. We’re ready to get started adding value and growing our collective energy services and geospatial practice.”
Financed with a combination of cash, seller notes, and equity, the acquisition falls within previously discussed target multiple and operating metric ranges and is expected to be immediately accretive. The Company anticipates the acquisition will initially contribute approximately $9 million of annualized net service billing. More detailed information on M&A activities, pipeline, and guidance updates are provided in connection with scheduled quarterly and annual communications.
About Bowman Consulting Group Ltd.
Headquartered in Reston, Virginia, Bowman is an engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment. With over 1,700 employees and more than 75 offices throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com.
About MTX Surveying, Inc.
MTX Surveying is a result driven geospatial, survey and aerial mapping firm serving Texas, New Mexico, Louisiana, and other states across the United States. The company’s management team is experienced in the successful execution of projects across a wide range of industries including oil and gas, energy services, land development, municipal planning, and telecommunications. MTX has grown from two founding partners in 2016 to a team of multi-licensed professionals and experienced technicians. For more information on MTX Surveying, their projects, and services, visit https://www.mtxsurveying.com.
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