PASADENA, Calif.--(BUSINESS WIRE)--Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has acquired INDUS Corporation of Vienna, Virginia. INDUS is an information technology (IT) solutions firm focused on data analytics, geospatial analysis, secure infrastructure, and software applications management for U.S. federal government customers. The company has more than 150 employees and brings significant federal contracts in the IT sector.
“Integrating Tetra Tech’s top-ranked water management consulting experience with INDUS’s spatial and water information management capabilities expands our services for key clients such as the U.S. Environmental Protection Agency,” said Dan Batrack, Tetra Tech’s Chairman and CEO. “With our combined expertise, we can assist customers in managing large data repositories and expand our smart water services, including analysis and real-time decision making in the water sector.”
Shivram Krishnan, INDUS’s Chairman and CEO, said, “This transaction represents an exciting new chapter in our business. It is an extraordinary opportunity for us to join a firm that broadens our IT technical capabilities focused on data analytics, cloud provisioning, and mobility services for projects across Tetra Tech’s end markets. Tetra Tech shares the same commitment to technical excellence and service that INDUS prides itself on providing to its clients.”
The terms of the acquisition were not disclosed. INDUS is joining Tetra Tech’s Water, Environment & Infrastructure business segment. The McLean Group, LLC, advised INDUS Corporation in the transaction.
About INDUS (induscorp.com)
INDUS provides innovative technology solutions and services to solve complex mission-critical challenges for the U.S. federal government.
About Tetra Tech
Tetra Tech is a leading provider of consulting and engineering services. For 50 years, the Company has supported commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. With 16,000 staff worldwide, Tetra Tech provides clear solutions to complex problems. For more information about Tetra Tech, please visit tetratech.com, follow us on Twitter (@TetraTech), or like us on Facebook.
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.
