NEWS > GRP Engineering Joins Verdantas
GRP Engineering Joins Verdantas
Natick, MA (December 14, 2023) – GRP Engineering, a power utility consulting and electrical engineering firm delivering electrical design and construction administration services, joined Verdantas.
Contact: Jenny Abaunza
[email protected] | 812-369-8248
Natick, MA (December 14, 2023) – GRP Engineering, a power utility consulting and electrical engineering firm delivering electrical design and construction administration services, joined Verdantas, a private-equity-backed firm specializing in environmental consulting, sustainable engineering, modeling and digital technology. Based in Petoskey, Michigan, GRP serves a diverse array of clients within the power market, including electric cooperatives, municipalities, investor-owned utilities, plus industrial and commercial entities.
“Verdantas has made strides in the recent years to establish a strong presence in the power market, successfully performing substation asset digitization, reliability upgrades for transmission and distribution, and providing geotechnical, site/corridor design, as well as environmental planning and permitting services,” said Jesse Kropelnicki, CEO of Verdantas. “This acquisition is a strategic next step to build on that progress, expanding our electrical engineering team and service offerings to advance our capabilities and better meet the evolving needs of our clients and our nation’s shift towards sustainable energy.”
GRP brings a wealth of expertise that are complimentary to Verdantas’ existing capabilities including: Overhead and Underground Power Line Engineering, Planning and Route Selection, System Modeling and Planning, Load Flow Analysis, Right-of-Way Procurement, Maintenance, and Reliability System Upgrade Design.
For more details about this transaction click here.
Morrissey Goodale, a specialized management consulting and research firm exclusively serving the architecture, engineering, and environmental consulting industries, initiated the transaction and advised GRP Engineering.
About Morrissey Goodale
Morrissey Goodale has helped hundreds of clients transform and grow their architecture, engineering, and environmental consulting companies into high-level performers through strategic business planning, mergers and acquisition advisory, valuation and ownership transition, market research, marketing and business development, leadership training and development, Lean Operation Strategies, organizational development and management, virtual reality solutions, and executive search. Morrissey Goodale’s team of M&A consultants assist throughout the M&A process, from preparing firms for a transaction to a successful integration.
Morrissey Goodale’s extensive network of relationships with AE industry decision-makers around the globe uniquely qualifies the firm to identify the right buyers or sellers and guide AE firms through the complex merger or acquisition process, from conception to close.
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