Parsons (PSN) has acquired Applied Sciences Consulting, a Florida-based engineering firm that specializes in water and stormwater solutions for cities, counties, and water management districts across the state. Founded in 2005, Applied Sciences is based in Tampa, Florida, and works closely with agencies across Florida to deliver solutions that protect and advance the region’s water infrastructure resilience. The acquisition is consistent with the company’s strategy of completing accretive acquisitions with revenue growth and adjusted EBITDA margins of at least 10%. The acquisition was an all-cash transaction. Applied Sciences will be integrated into Parsons’ North America Infrastructure business unit.
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