Parsons Corporation entered into an agreement to acquire QRC Technologies from private equity firm DC Capital Partners

Parsons Corporation (Centreville, VA) (ENR #11) entered into an agreement to acquire QRC Technologies (Fredericksburg, VA) from private equity firm DC Capital Partners (Alexandria, VA) for $215 million in cash.

“We are excited to join the Parsons team and look forward to accelerating their strategy, leveraging existing protocols, reaching additional customers, and getting products to new markets and customers faster,” said Larry Swift, QRC Technologies’ CEO. “Parsons brings scale to QRC, including increased investments, expanded pipelines, existing protocols, and additional business development resources which will result in additional speed and value to our current and future customers.”

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Morrissey Goodale
Morrissey Goodale is a management consulting and research firm specializing in the architecture, engineering, and environmental consulting industries; offering executive search, mergers & acquisitions, financial advisory, leadership training, and strategic planning services.

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