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
- Industry
- Engineering Services
- Location
- Florida, United States
- Transaction Type
- Addon
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