Kleinfelder Completes Acquisition of Doucet & Associates, Inc., a Civil Engineering Firm With a Strong Presence in Growing Texas Market
Summary
The transaction, which closed on May 31, 2023, fortifies Kleinfelder’s commitment to strategic growth and strengthens an already robust client and service portfolio in the growing Texas market. Doucet is focused on delivering these services to public and private sector clients in the land development, commercial, education, healthcare, industrial, municipal, transportation, and water resources markets. “Doucet’s strong client base, successful project delivery track record, and service capabilities will create near-term revenue synergy opportunities for Kleinfelder. Kleinfelder remains focused on driving a strategic plan centered on organic growth bolstered by acquisitive expansion, with the goal of acquiring firms with complementary employee-focused cultures and a trusted commitment to clients. Winston & Strawn LLP served as legal counsel and KPMG provided transaction advisory and tax services to Kleinfelder.