News Article Boston Globe: "Lowell company TRC wraps up $130 million deal to buy pipeline services firm"

Posted on Dec 2nd, 2015

As CEO of Lowell-based TRC Cos., Chris Vincze has engineered 10 acquisitions in the past five years. But none of them comes close to this one.

On Tuesday, TRC wrapped up its $130 million purchase of Willbros Group’s professional services business. TRC, an engineering and construction management firm, will turn the acquired business into its pipeline services division.

Buying the Willbros business — a Tulsa, Okla.-based operation that offers a range of pipeline construction and maintenance services — will bring at least $200 million in annual revenue and about 850 employees into TRC’s fold. By comparison, TRC has about 3,300 employees, and it reported $546 million in revenue in its last fiscal year.

Please read the full Boston Globe article here.

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