Verdantas: Strengthening Utility Scale Engineering Services for a Sustainable Energy Transition

In a move to bolster its utility scale engineering services and support the power industry's transition to sustainable energy, Verdantas, a private-equity-backed firm specializing in environmental consulting and sustainable engineering, has acquired GRP Engineering, Inc. (GRP). The acquisition will enhance Verdantas' capabilities in electrical engineering and expand its service offerings to meet the evolving needs of clients and the growing demand for sustainable energy solutions.

Based in Petoskey, Michigan, GRP Engineering is an independent power utility consulting and electrical engineering firm that provides electrical design and construction administration services to a diverse range of clients in the power market. Its clientele includes electric cooperatives, municipalities, investor-owned utilities, and industrial and commercial entities.

Verdantas has been making significant progress in the power market, with successful projects such as substation asset digitization, reliability upgrades for transmission and distribution, and geotechnical, site/corridor design, and environmental planning and permitting services. The acquisition of GRP Engineering is a strategic move to further build on this progress and expand Verdantas' expertise in electrical engineering.

GRP Engineering brings a wealth of expertise that complements Verdantas' existing capabilities. Their services include overhead and underground power line engineering, planning and route selection, system modeling and planning, load flow analysis, right-of-way procurement, maintenance, and reliability system upgrade design. Additionally, GRP Engineering offers services in fiber system design, industrial power system design, T&D substation and switching station engineering, protective relay modeling and design upgrades, substation controls, SCADA & RTU systems, collector system design, interconnect substation design, and utility coordination.

Verdantas recognizes the energy market as a strategic catalyst for exponential growth, particularly in the electric utility sector. With significant capital expenditures expected in the coming decades, Verdantas aims to address the pressing needs arising from aging infrastructure, the imperative to digitize, reliability enhancements prompted by climate-induced energy transition, and the impending retirement of utility personnel.

The acquisition of GRP Engineering aligns with Verdantas' vision of delivering integrated environmental consulting, sustainable engineering, modeling, and cutting-edge digital technology to support markets with secular tailwinds and foster sustainable project outcomes. The company's team of nearly 1,000 professionals, consisting of environmental scientists, engineers, geologists, and technical specialists, collaborates closely with clients to provide precise datasets and models for complex environmental and infrastructure challenges. By functioning as strategic partners, Verdantas assists clients in achieving their infrastructure and sustainability objectives.

Verdantas' commitment extends beyond project outcomes. The company has a people-focused culture that prioritizes the well-being of its employees, clients, and the communities it serves. With a strong emphasis on sustainability and long-term value creation, Verdantas aims to be at the forefront of driving the transition to sustainable energy in the power industry.

Verdantas' acquisition of GRP Engineering is an important step in expanding its expertise and service offerings in the utility scale engineering sector. As the demand for sustainable energy solutions continues to rise, the integration of GRP Engineering's capabilities will strengthen Verdantas' position in supporting the power industry's transition towards a more sustainable future.

About Verdantas:

Verdantas specializes in delivering an integrated mix of environmental consulting, sustainable engineering, modeling, and cutting-edge digital technology to support markets with secular tailwinds and foster sustainable project outcomes. The company's expertise spans power projects, including renewables, water resources, government-related land use and remediation, as well as traditional transportation infrastructure projects. With a team of nearly 1,000 professionals, Verdantas collaborates closely with clients, utilizing advanced technology to deliver precise datasets and models for complex environmental and infrastructure challenges. The company's people-focused culture prioritizes the well-being of its employees, clients, and the communities it serves. For more information, please visit www.verdantas.com.

About RTC Partners:

RTC Partners is a private equity firm that invests in and builds strong businesses with committed management teams in the professional, business, and healthcare services industries. The firm's emphasis on human capital and its approach to organic and inorganic opportunities enable sustainable and long-term value creation for all stakeholders. RTC is actively seeking additional platforms and add-on acquisitions in its markets. For more information, visit rtcpartners.com.