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Tetra Tech Expands Its High-end Digital Water Solutions

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Tetra Tech, Inc. (NASDAQ: TTEK) has acquired IBRA-RMAC Automation Systems, Inc., a leader in water systems instrumentation and digital transformation consulting services. This acquisition aims to enhance Tetra Tech's digital water consulting capabilities by integrating advanced instrumentation and data analytics into its offerings. The terms of the deal remain undisclosed. Both companies express optimism about the synergy, with Tetra Tech expected to enhance operational efficiency in the water sector.

Positive
  • Acquisition of IBRA-RMAC expands digital consulting capabilities.
  • Integration of advanced data analytics and instrumentation.
  • Strengthens Tetra Tech's position in the water sector.
Negative
  • None.

Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that it has acquired IBRA-RMAC Automation Systems, Inc., an industry leader in water systems instrumentation and digital transformation consulting services for water infrastructure.

“Tetra Tech leverages digital technology solutions to improve operational efficiency for our clients in the water sector,” said Dan Batrack, Tetra Tech Chairman and CEO. “The addition of IBRA-RMAC enables us to further expand our digital water consulting capabilities with state-of-the-art instrumentation, digital automation, and advanced data analytics services for our customers.”

Amir Ibrahim, IBRA-RMAC President, said, “We are very excited to join Tetra Tech to better serve our clients on their digital transformation journey. By joining Tetra Tech, we can leverage our control systems and automation expertise to deliver greater value to our clients, access multidisciplinary teams to solve complex water system modernization challenges, and provide new opportunities for our employees.”

The terms of the acquisition were not disclosed. IBRA-RMAC is joining Tetra Tech’s Government Services Group.

About Tetra Tech

Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 20,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com, follow us on Twitter (@TetraTech), or like us on Facebook.

About IBRA-RMAC

Based in San Diego, California, IBRA-RMAC provides industrial control and automation system engineering services for water processing, distribution, and design of safety critical systems for the municipal and commercial customers.

Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.

FAQ

What did Tetra Tech announce on the acquisition of IBRA-RMAC?

Tetra Tech announced its acquisition of IBRA-RMAC Automation Systems, Inc., enhancing its digital consulting services in water systems.

When was the acquisition of IBRA-RMAC by Tetra Tech announced?

The acquisition was announced on April 8, 2021.

How does the acquisition of IBRA-RMAC benefit Tetra Tech?

The acquisition allows Tetra Tech to expand its digital consulting capabilities with advanced data analytics and instrumentation.

What is the stock symbol for Tetra Tech?

The stock symbol for Tetra Tech is TTEK.

Tetra Tech Inc

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