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Year-End Mergers announced Engineering
firms poised for further national expansion
Local firms look to a more
vertical organization to increase future revenues.
Schneider Electric, Paris, France, acquired Abacus Engineered
Systems, a Seattle-based provider of facility energy and engineering
solutions, with sales of approximately $30 million in 2003
and 86 employees.
Abacus provides building installations analysis, design,
and post-construction services from its Seattle headquarters,
as well as its offices in New York, Pennsylvania, Oregon,
Virginia, Massachusetts and Arizona. It specializes in sustainable
design.
"We do traditional projects as well, but our expertise
is in designing mechanical and electrical systems that are
as efficient as possible," said Craig Williamson, Abacus
president. "Our ability to do that, brought us global
attention and makes us a good fit with Schneider."
Schneider is most known for manufacturing energy and infrastructure
related equipment. A $13 billion company with offices in 130
countries, it is interested in acquiring firms similar to
Abacus, with good reputations and sound financial footing,
said Wes McDaniel, vice president of energy solutions, TAC
Americas, Inc. Abacus now falls under the direction of a subsidiary,
TAC Energy Solutions, based in Carrolton, Texas.
Both Abacus and TAC Energy Solutions deliver energy performance
and engineering solutions to the education sector, state and
local governments, health facilities, the telecommunications
industry, and the military. TAC Energy Solutions has a strong
market presence in the southwestern, Midwestern, and the southeastern
United States that complements the presence of Abacus in the
northwestern, mid-Atlantic and northeastern regions.
Locally, Sparling, Seattle, the nation's largest specialty
electrical engineering and technology consulting firm, has
acquired the telecommunications engineering and consulting
division of W&H Pacific, located in Portland. Terms of
the acquisition were not disclosed.
Sparling bought the division to position itself for an even
greater share of Portland's and Oregon's burgeoning technology-consulting
business through its absorption of W&H Pacific's entire
telecommunications client roster. W&H Pacific's telecom
clients include PacifiCorp, one of the lowest-cost electricity
producers in the country, the City of Portland, and various
Indian tribes throughout the region.
"Now we are better situated for projects that involve
the building interior, which Sparling already has the expertise
to do and exterior telecommunications systems, which is the
expertise of W&H Pacific." said Eric Overton, Sparling
president.
An extensive cross training and education program between
the two offices is already underway to further that goal,
Overton said.
For example, W&H Pacific has designed and project managed
the construction of a fiber optic network for the Coquille
Indian Tribe in Coos Bay and North Bend, Ore., to provide
rural communities with high-speed data and telecommunications
services. Sparling engineers will now be better able to coordinate
the systems
Sparling has traditionally focused on the design and deployment
of electrical and technology systems for healthcare, commercial-office,
higher education, retail and other industries. But with W&H
Pacific's expert telecommunications staff now on board, Sparling
expands its reach into the public sector as well as its own
bandwidth for serving clients in a number of other vertical
markets.
"There's always been a great deal of synergy between
these companies, so combining our unique professional capabilities
makes sense from every practical business perspective,"
stated Adam Haas, former vice president for telecommunications
at W&H Pacific and newly named principal at Sparling.
According to Bill Jabs, principal-in-charge of W&H Pacific,
telecommunications and technology have evolved to the point
that the industry is now more aligned with electrical engineering
and technology firms than civil engineering. "
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