Watkins Associated Industries (Atlanta, GA) acquired NOVA Engineering and Environmental (Kennesaw, GA) (ENR #318), an environmental consulting, geotechnical engineering, and construction materials testing firm.
“We take a long-term view as we identify businesses with attractive future growth prospects and a management team with a desire to remain involved,” says Eric Wahlen, President of WAI, of the transaction. “We allow presidents of our businesses to operate independently, while partnering with them in goal setting. We look forward to leveraging our core competencies of strategic business planning, disciplined investment, and operational measurement to help NOVA position itself for a future of expansive growth. Watkins is excited to enter the professional engineering services arena with such a strong, stable, well-known, and respected partner.”