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Tetra Tech Acquires European Management Consulting Firm Carron + Walsh

1. Tetra Tech acquired Carron + Walsh to expand consulting services in Europe.

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$29.19503/28 03:48 PM EDTLatest Updated
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FAQ

Why Bullish?

Acquiring a European firm enhances TTEK's growth trajectory and market presence, as seen in similar industry consolidations historically boosting stock prices.

How important is it?

The acquisition strengthens TTEK's competitive position in Europe, potentially boosting future revenues and investor confidence.

Why Long Term?

The acquisition will likely take time to integrate and realize financial benefits, similar to previous acquisitions in TTEK's history which resulted in improved revenue in the long run.

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PASADENA, Calif.--(BUSINESS WIRE)-- #carronwalsh--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services in water, environment, and sustainable infrastructure, announced today that the Company has acquired Irish management consulting firm, Carron + Walsh. Carron + Walsh delivers project and cost management solutions for large-scale commercial, life sciences, residential and infrastructure programs across Europe from their headquarters in the Republic of Ireland. Ca.

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