GI Partners Acquires Atlas Technical Consultants for $1.05 Billion

GI Partners Acquires GTY Technology Holdings

July 7, 2022

Cloud & SaaS

GI Partners (via an affiliate) completed its acquisition of GTY Technology Holdings Inc. for $6.30 per share in cash. The deal, announced April 29, 2022, was approved by GTY shareholders in late June 2022 and resulted in GTY becoming privately held with its public listing removed.

Atlas Technical Consultants Acquires TranSmart Technologies, Inc.

March 11, 2022

Engineering Services

Atlas Technical Consultants has acquired TranSmart Technologies, Inc., a Chicago-headquartered transportation engineering and consulting firm. The deal, facilitated by sell-side advisor Woodbridge International, will expand Atlas’s ITS, traffic and transportation engineering capabilities and extend TranSmart’s services into larger projects and new U.S. markets.

Atlas Technical Consultants Acquires Alta Vista Solutions

August 3, 2020

Engineering Services

Atlas Technical Consultants, Inc. (Nasdaq: ATCX) has entered into a definitive agreement to acquire Alta Vista Solutions, Inc., a transportation-focused provider of construction engineering, materials testing and inspection services headquartered in Oakland, California. Alta Vista operates approximately 100 employees across four offices in California and one office in New York City; the transaction, with terms undisclosed, was expected to close in the third quarter of 2020. The deal expands Atlas' ability to self-perform testing and inspection work and strengthens its presence in California and New York transportation markets.

Atlas Technical Consultants Acquires Long Engineering

November 20, 2019

Engineering Services

Atlas Intermediate Holdings LLC (operating as Atlas Technical Consultants) has signed an agreement to acquire Long Engineering, Inc., a civil and transportation engineering and surveying firm headquartered in Atlanta, Georgia. The add-on deal expands Atlas' service capabilities (including subsurface utility engineering and construction engineering/inspection) and strengthens its footprint and client relationships across the Southeast; Atlas expects to close the transaction prior to year-end as it pursues a planned business combination with Boxwood Merger Corp.

Atlas Merchant Capital-Led Group Acquires ~25% Stake in Ascensus

February 19, 2019

Financial Services

A group of new investors led by Atlas Merchant Capital LLC, including GIC, will acquire just under 25% of Ascensus from existing owners Genstar Capital and Aquiline Capital Partners. The minority investment is a growth-capital/secondary transaction to support Ascensus' continued growth and provide liquidity to existing sponsors; terms were not disclosed and the deal was expected to close in Q1 2019.

Atlas Technical Consultants and ATC Group Services Merge to Create National Infrastructure Services Leader

January 22, 2019

Engineering Services

Atlas Technical Consultants and ATC Group Services, both backed by Bernhard Capital Partners, announced a merger that will retain the Atlas name and combine their complementary engineering, testing, inspection and environmental consulting capabilities. The combined company will operate across more than 40 states with a network of offices and employees, positioning the business for expanded service offerings and national scale.