Gannett Fleming Merges with TranSystems; Sentinel Exits via Combination with OceanSound-backed Gannett Fleming
August 7, 2024
Gannett Fleming, a portfolio company of OceanSound Partners, has completed a strategic merger with TranSystems, a Sentinel Capital Partners portfolio company, creating a national infrastructure consulting leader with roughly $1.3 billion in combined revenue and more than 5,000 employees. The deal represents Sentinel's exit of TranSystems and expands Gannett Fleming's capabilities and geographic coverage across transportation end markets including highways, bridges, mass transit, freight rail, and aviation.
- Buyers
- Gannett Fleming, OceanSound Partners
- Targets
- TranSystems
- Sellers
- Sentinel Capital Partners
- Platforms
- Gannett Fleming
- Industry
- Infrastructure
- Location
- Missouri, United States
- Transaction Type
- Addon
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