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Transaction Experiences

ARD Acquired By Tetra Tech, Inc.

ARD

Founded in 1977 by George C. Burrill, ARD employs over 700, and has field offices in over 20 countries. It provides specifically focused technical services including environmental protection, private sector development, legal reforms, economic governance, and institutional strengthening. The company is known worldwide for its ability to manage large, complex development projects, providing the right mix of talented professionals, logistics, program management, and technical assistance, which has allowed it to become one of the top USAID contractors in its targeted service areas.

Tetra Tech

Tetra Tech, Inc. was founded in 1966 to provide engineering services related to waterways, harbors and coastal areas. Over the past 40 years, the Company has substantially increased the size and scope of its business and now provides environmental services, water/wastewater management, infrastructure services, security design, and outsourced technical services. Tetra Tech has nearly 7,500 employees located in more than 250 offices worldwide.

ARD, Inc., a leading global provider of technical and advisory consulting services, announced that it has been acquired by Tetra Tech, Inc. (NASDAQ-TTEK), Pasadena, CA.  The terms are not disclosed.  Tetra Tech is a worldwide provider of specialized management consulting and technical services in the areas of resource management and infrastructure.  ARD, based in Burlington, VT, will become Tetra Tech’s business unit focused on the international markets targeted by the U.S. Agency for International Development (USAID).

“ARD has some of the smartest, most dedicated professionals that we have ever had the privilege to know. Many have lived in various cultures, speak several languages, and hold advanced degrees in complex disciplines. They care deeply about the future of ARD. Tetra Tech appreciates what they have built, shares their world view, and so is a particularly good choice to become the next majority shareholder for ARD.” Peter R. Worrell, Managing Director Bigelow

Burlington, Vermont

has been acquired by

Pasadena, California

The undersigned acted as M+A advisor to ARD, Inc.