Traffic & Mobility Consultants Acquires Propel Engineering

September 16, 2024

Traffic & Mobility Consultants (TMC), a Florida-based transportation planning and traffic engineering firm backed by Grovecourt Capital Partners, has acquired Propel Engineering, a West Palm Beach civil engineering firm specializing in highway design, traffic analysis, and structural design. The deal is the third add-on to TMC's platform as Grovecourt builds a diversified transportation engineering provider in Florida; financial terms were not disclosed.

Buyers
Traffic & Mobility Consultants, Grovecourt Capital Partners
Targets
Propel Engineering
Platforms
Traffic & Mobility Consultants
Location
Florida, United States
Transaction Type
Addon

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