Date: Sep 15, 2011 Author: press release Source: Company Data (
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PASADENA, Calif., Sep 15, 2011 (BUSINESS WIRE) --
Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has signed a definitive agreement to acquire Department of State consulting firm PRO-telligent, LLC. PRO-telligent provides a wide range of technical support services primarily to the U.S. Department of State (DOS) at locations worldwide. PRO-telligent has more than 600 employees and approximately $100 million in annual revenue.
"PRO-telligent performs the type of strategy and planning work that precedes our foreign policy implementation work for the U.S. Agency for International Development," said Dan Batrack, Tetra Tech's Chairman and CEO. "This move complements our strategy to better serve our DOS customer, a long-term goal we've expressed for several years. We are pleased to welcome all of PRO-telligent's employees to Tetra Tech."
PRO-telligent was founded in 2000 and is recognized as one of the fastest-growing U.S. federal government contractors. PRO-telligent's staff includes a variety of highly specialized security-cleared foreign affairs and international development experts, engineering and information technology professionals, management consultants, and support personnel.
PRO-telligent is joining Tetra Tech's Technical Support Services business segment. The terms of acquisition were not disclosed.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of consulting, engineering, program management, construction, and technical services. The Company supports government and commercial clients by providing innovative solutions focused on water, environment, energy, infrastructure, and natural resources. With more than 13,000 employees worldwide, Tetra Tech's capabilities span the entire project life cycle.
Any statements made in this release that are not based on historical fact are forward-looking statements.Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future.However, Tetra Tech's actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed.For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company's Form 10-K and 10-Q filings with the Securities and Exchange Commission.
SOURCE: Tetra Tech, Inc.
Tetra Tech, Inc.
Jorge Casado, Investor Relations
Talia Starkey, Media & Public Relations
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