Parsons Corporation Acquires Applied Sciences Consulting, Inc.

Parsons Corporation Acquires TRS Group, Inc.

February 4, 2025

Environmental Services

Parsons Corporation acquired environmental remediation technology provider TRS Group, Inc. in an all-cash transaction valued at approximately $36 million. The deal strengthens Parsons' environmental remediation and PFAS-treatment capabilities, integrating TRS's thermal remediation technologies and PerfluorAd licensing into Parsons' Federal Solutions and Critical Infrastructure segments.

The Vortex Companies Acquires Parson Environmental Products, Inc.

October 23, 2020

Manufacturing

The Vortex Companies has acquired Parson Environmental Products, Inc., a national provider of sanitary sewer rehabilitation and stormwater retention products founded in 1985. Parson owner and president Craig Gaul will join Vortex as Senior Product Manager to support R&D and integration of Parson's product portfolio into Vortex's expanding trenchless products division.

Parsons Corporation Acquires Braxton Science & Technology Group

November 19, 2020

Aerospace & Defense

Parsons Corporation completed the acquisition of Braxton Science & Technology Group for $300 million (reported as $258 million less the tax asset). Braxton, headquartered in Colorado Springs, Colorado, brings more than 370 employees and expands Parsons' capabilities in satellite operations, ground system automation, flight dynamics, and space cyber for defense and intelligence customers.

Apex Companies Acquires Water Science Associates

March 8, 2023

Environmental Services

Apex Companies, LLC has acquired Water Science Associates, a Fort Myers-based hydrogeology and water resources consulting firm. The acquisition expands Apex's water resources, hydrogeology, and infrastructure capabilities in Florida and brings Water Science Associates' founders and technical team into Apex to support integration and future growth.

Parsons Corporation Acquires BCC Engineering from Trivest for $230M

October 21, 2024

Engineering Services

Parsons Corporation agreed to acquire BCC Engineering, a Trivest Partners portfolio company, in an all-cash transaction valued at $230 million (net transaction value $221 million, ~13.0x 2025e EBITDA). The acquisition expands Parsons' infrastructure and transportation engineering presence in the Southeastern United States — BCC will join Parsons' North America Infrastructure business unit and is expected to generate about $110 million revenue in 2025.

Aegion Corporation Acquires AP Civil Solutions, LLC

October 18, 2023

Infrastructure

Aegion Corporation has acquired AP Civil Solutions, LLC, a Central Florida water and wastewater pipe rehabilitation and maintenance services provider founded in 2016. AP Civil will operate as part of Insituform (an Aegion portfolio company) to expand Aegion's utility services capabilities and footprint across Florida.