ORLANDO, Fla.--(BUSINESS WIRE)--Traffic & Mobility Consultants (TMC), a leading transportation planning and traffic engineering firm backed by Grovecourt Capital Partners, has completed the acquisition of Propel Engineering ("Propel"), a West Palm Beach, Florida-based civil engineering firm specializing in highway design, traffic analysis, and structural design services. Following TMC's acquisitions of O'Rourke Engineering & Planning in February 2024 and Lincks & Associates in May 2024, Propel marks the third acquisition in Grovecourt's strategy to build TMC into a diversified transportation engineering solutions provider in Florida.
Founded in 2013, Propel is a leading designer and provider of innovative and high-value civil engineering solutions to clients across Florida, with a particular focus on the public sector, including the Florida Department of Transportation (FDOT). With comprehensive capabilities in highway design, traffic analysis, and structural design, Propel's team works from their location in West Palm Beach. Propel's Founder and President, Maj Alam, will continue in his current leadership role.
"The acquisition of Propel accelerates TMC's growth and adds significant scale and capabilities to the platform," said Mohammed Abdallah, CEO of TMC. "Propel brings longstanding customer relationships and market-leading technical capabilities serving strategic end markets. We are excited to partner with the Propel team to continue building a world-class provider of transportation and traffic engineering solutions to clients across Florida, and we look forward to leveraging our existing operations to create more opportunities for Propel to continue delivering exceptional customer solutions."
Maj Alam, Founder and President of Propel Engineering, commented, "Over the past decade, Propel Engineering has established itself as a trusted partner in Florida's transportation infrastructure development. By joining TMC, we're not just combining our expertise – we're amplifying our ability to deliver innovative solutions for complex engineering challenges. This partnership will allow us to take on larger, more impactful projects and contribute even more significantly to Florida's rapidly evolving transportation landscape. We're excited about the enhanced value we'll bring to our clients and the new opportunities this creates for our talented team."
The financial terms of the acquisition were not disclosed. Greenberg Traurig acted as legal advisor to TMC. Cross Keys Capital acted as financial advisor and De Biase | Alvarez acted as legal advisor to Propel Engineering.
About Traffic & Mobility Consultants
Traffic & Mobility Consultants LLC (TMC) is a Florida-based engineering company specializing in Transportation Planning and Traffic Engineering. Founded in 2012, TMC serves private clients and governmental agencies at the local, county, and state levels. TMC's goal is to provide its clients with the highest quality services, offering innovative, strategic, and effective solutions for safe and efficient mobility. For more information, visit www.trafficmobility.com.
About Propel Engineering, Inc.
Propel Engineering, Inc., established in 2013 and headquartered in West Palm Beach, FL, is a distinguished civil engineering firm specializing in highway design, traffic analysis, structural design, and environmental engineering services. The company has built a strong reputation for delivering high-quality work and providing passionate, client-focused service to both public and private sector clients. For more information, visit www.propel-engineering.com.
About Grovecourt Capital Partners
Grovecourt Capital Partners is a private equity firm based in West Palm Beach, FL, specializing in investments in founder-led and family-owned businesses in the lower middle market. With a focus on business services, healthcare services, communication services, and industrials, Grovecourt partners with management teams to execute both organic and inorganic growth opportunities, optimize performance, and create long-term value. For more information, visit www.grovecourtcapital.com.
