TTL acquires DBS & Associates Engineering (DBS), Tennesee-based engineering consulting firm focused on transportation, municipal, and industrial markets
January 6, 2020
AEC Advisors advised TTL on their acquisition of DBS & Associates Engineering (DBS), a Tennessee-based engineering consulting firm specializing in the Transportation, Municipal, and Industrial markets. The acquisition adds two offices to TTL, in Nashville and Clarksville, TN.
TTL is a 400-person engineering consulting firm with 12 offices located in Alabama, Georgia, Tennessee, and Texas. The addition of DBS is TTL's third acquisition in the last four years, and follows TTL's business plan of organic growth and strategic acquisitions to improve and expand the services provided to its clients in the transportation, industrial, energy, municipal, and private infrastructure markets.
“Both firms share a rich history of building long term relationships with our clients. I am really excited that DBS will become part of the TTL team," said Dean McClure, President & CEO of TTL.
About AEC Advisors
AEC Advisors LLC is a leading investment banking and corporate finance advisory firm for executives and boards of Architecture, Engineering & Consulting ("AEC") firms. The four principals have completed over 135 M&A transactions in the AEC industry and have advised over 500 AEC firms on corporate finance issues, including M&A, capitalization & modeling, stock valuation, KPI benchmarking, and internal ownership transitions. Our goal is to help key decision‐makers of AEC firms confidently address financial issues and opportunities, so that they can focus on their clients, projects, and people.
Andrej Avelini, President
Josh Lahre, Senior Principal
Tyler Albright, Principal
Joe Smetona, Principal