FAYETTEVILLE, Ark., Feb. 23, 2016 /PRNewswire/ -- CMTA Inc. is increasing its presence in the Washington DC Metro area via a merger with TMR Engineering (Arlington, Virginia). The transaction was facilitated by Zweig Group and closed on January 1, 2016.
Zweig Group helped identify potential matches in the DC Metro area to find a merger candidate to help establish a physical presence, expand capabilities, add to existing capabilities, and bring in an existing regional client base. Zweig Group facilitated contact between CMTA and TMR leadership leading to the agreement execution.
"CMTA's practice in the DC area has been expanding in the past three years, and we felt that a DC presence was necessary to serve our DC, Virginia and Maryland clients. CMTA and TMR share similar cultures and we were impressed the quality of their engineering staff. Their CHP expertise aligns well with our Net Zero Energy expertise," said Kenneth L. Seibert, PE, CMTA President.
"Throughout the years, TMR has been focused on providing great service to our clients. CMTA shares our values and is just as passionate about the built environment as we are. This alignment means we can offer additional services like performance contracting, security/technology design, fire protection engineering and commissioning," said Thomas Rohrbaugh, PE, CMTA DC Principal.
With the addition of TMR, CMTA now has six offices in four states: Kentucky, Texas, Indiana, Ohio and the DC metro area. The firm employs 160 people including 70 licensed professional engineers.
ABOUT ZWEIG GROUP
Three times on the Inc 500/5000 list, Zweig Group is the leading research, publishing, and consulting resource for architecture, engineering, planning, and environmental consulting firms. With a mission that focuses on improving the business performance of consulting firms in the industry, the Zweig Group consists of experts in strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search. The Zweig Group also provides a comprehensive suite of products including newsletters, industry reports, executive training, business conferences and more covering virtually every aspect of firm management. The firm is headquartered in Fayetteville, Arkansas. For more information, visit http://www.zweiggroup.com or call (800) 466-6275.
SOURCE Zweig Group