STV Group, Inc. will acquire CP&Y, a Dallas, Tex.-based consultancy focused on the transportation and transit, roadways and bridges, water and wastewater, and aviation markets.
CP&Y, which provides engineering, architectural and field services consulting, has 375 employees in Texas, Oklahoma, Colorado, Florida and Virginia.
“Joining forces with CP&Y will cement our presence in the Texas infrastructure market and serve as a catalyst to expand our water and wastewater practices nationwide,” said Greg Kelly, President and CEO of STV, a portfolio company of The Pritzker Organization, L.L.C. Combined, the companies will “leverage growth opportunities across multiple markets and geographies,” noted Kelly, who in October took over leadership of STV’s 40 offices throughout the United States and in Canada.
“This relationship affords us an engine for growth, and we are excited to become a part of the STV organization,” said J.J. Roohms, President of CP&Y, which provided civil, structural and parking lot design as well as construction management for Dallas Area Rapid Transit’s Lake Highlands Station, located on the Blue Line and the first deferred (infill) station to be built on DART active track. “STV is a strategic fit for our clients and employees. Our firms are aligned philosophically on how we approach our projects and the value we place on our clients and employees.”
“We at The Pritzker Organization are enthusiastic about this strategic acquisition and the significant opportunities for growth that it presents for STV and CP&Y,” noted STV Board member Billy Nand of The Pritzker Organization.