Monday, December 11, 2017
Negotiations are nearly complete for Olsson Associates, a national engineering firm, to acquire McGoodwin Williams & Yates (MWY). The acquisition will combine MWY's operations with Olsson's full scope of engineering consulting disciplines.
Founded in 1946, MWY specializes in municipal infrastructure design, specifically for water and wastewater projects. MWY is located at 302 East Millsap Road in Fayetteville, Arkansas, and has 30 employees, including 11 registered professional engineers.
"The water and wastewater industry has become one of the fastest-growing markets in the engineering profession and MWY is well respected for their technical achievement in creating outstanding water and wastewater systems,” said Brad Strittmatter, Olsson’s CEO.
“Their services align with the areas we’re interested in growing at Olsson,” he said. “While Olsson currently provides these services, MWY will expand our technical expertise and the communities we serve.”
The acquisition is anticipated to close on January 15, 2018. MWY will become “MWY, a division of Olsson Associates” for a six-month transition period. They will take on the Olsson Associates name on July 1, 2018.
“What stood out to us about Olsson is that they place so much emphasis on providing solid client relationships, which is in parallel to how we work,” said Brad Hammond, MWY president. “By joining forces, our staff will have the opportunity to work on larger projects and we’ll be able to provide a full complement of Olsson’s services to our current MWY clients.”
Terms of the acquisition will not be released.
About Olsson Associates
Olsson Associates offers comprehensive design and consulting services in site/civil, transportation, water, environmental, field operations, survey and facilities. The firm was ranked No. 106 on Engineering News-Record’s top 500 design firms national list in 2017. Established in 1956, Olsson has 1,100 employees in nearly 30 offices across the Midwest and Southwest U.S.