Gannett Fleming Acquires DiGioia Gray
Gannett Fleming Expands Power and Utility Offering with Acquisition of Transmission and Substation Solutions Provider
CAMP HILL, Pa.–(BUSINESS WIRE)–#AEC—Gannett Fleming, a leading provider of engineering and infrastructure solutions, announced today that it has acquired DiGioia Gray (the “Company”), a provider of power delivery, geosciences, geotechnical, and civil engineering solutions. The acquisition will deepen Gannett Fleming’s existing transmission and substation engineering offering and allow Gannett Fleming to serve power and utility clients on a larger scale.
Founded in 2004 by Tony DiGioia Jr., PhD, PE, and Dick Gray, PG, DiGioia Gray provides technology-enabled engineering solutions for customers in the power and utility, industrial, and transportation end markets. The Company offers an integrated suite of power delivery solutions, including transmission line and substation design, geologic engineering, and foundation analysis and design, that expand utility infrastructure and enhance resilient power projects. DiGioia Gray has over 120 engineers, geologists, and technologists with deep technical expertise to support the delivery of critical infrastructure projects using proprietary software tools and industry-leading research.
“The need for sustainable infrastructure optimizing the total lifecycle cost of ownership is becoming more urgent as climate change accelerates and impacts decades of underinvestment in critical infrastructure. Substation and transmission engineering is becoming more important on large-scale infrastructure projects as the drive for decarbonization and renewable energy converges with the growing demand for electric vehicles,” said Bob Scaer, PE, CEO of Gannett Fleming. “For over 100 years, Gannett Fleming has helped our clients develop modern infrastructure solutions that span transportation, electrification, and water management. The acquisition of DiGioia Gray will add to our portfolio of differentiated, technology-enabled solutions, all while supporting significant drivers of grid and energy resilience. We couldn’t be more excited to partner with the DiGioia Gray team.”
“We have built an innovative, inclusive, and entrepreneurial culture at DiGioia Gray that is dedicated to high-quality work and thought leadership, as evidenced by our trusted advisor status with clients and portfolio of proprietary software tools developed in partnership with the Electric Power Research Institute,” said Jim Brennan, DiGioia Gray President. “Joining a leading firm like Gannett Fleming allows us to offer an enhanced combination of skills and resources to elevate our client service, further expand our service offering, and drive sustainable growth. This is a transformative combination, and we look forward to accelerating our growth trajectory.”
Gannett Fleming, a portfolio company of OceanSound Partners, is #26 on Engineering News-Record’s Top Design Firms list. This also marks Gannett Fleming’s first acquisition since partnering with OceanSound in December 2022.
About Gannett Fleming
Gannett Fleming is an architecture, engineering, and construction (“AEC”) firm partnering closely with our clients on some of the toughest challenges facing our communities today. We offer comprehensive infrastructure solutions to a wide range of markets, including transportation, life sciences, water resources, education, industrial, federal, power, and energy. Founded in 1915, we are the employer of choice for 2,800+ of the best and brightest in the industry. With a focus on making the built environment safer, as well as more resilient and sustainable, our clients seek us out for our expertise and prefer us for our personal service, innovation, and creative minds. For more information, visit www.gannettfleming.com.
About OceanSound Partners
OceanSound Partners is a New York-based private equity firm that pursues control investments in technology and technology-enabled services companies serving government and enterprise end-markets. OceanSound employs a partnership approach, working closely with founders, entrepreneurs, and executives of middle-market businesses to drive transformational growth. For more information, visit www.oceansoundpartners.com.
Contacts
FOR GANNETT FLEMING
Judy Hricak
+1 717.763.7211
FOR OCEANSOUND
Charlyn Lusk
Stanton
+1 646.502.3549
