Skip to main content

Market Overview

Tetra Tech Acquires Coanda To Strengthen Its Analytics Business

  • Tetra Tech, Inc. (NASDAQ: TTEKacquired British Columbia’s Coanda Research & Development Corporation to complement its advanced analytics business.
  • Coanda’s research scientists and engineers provide solutions for complex engineering science problems across multiple industries. All of which is further supported by its in-house research facilities.
  • Coanda will be a part of Tetra Tech’s Commercial/International Services Group.
  • The financial terms of the acquisition remain undisclosed.
  • “The addition of Coanda aligns with our Leading with Science® approach and advances our strategy to expand our cutting-edge scientific solutions to support the commercial and industrial sectors,” said Tetra Tech CEO Dan Batrack.
  • The company had a cash and equivalents balance of $163.44 million as of December 27, 2020.
  • Price action: TTEK shares are down 0.05% at $127.76 on the last check Wednesday.

Related Articles (TTEK)

View Comments and Join the Discussion!

Posted-In: Strategy AnalyticsM&A News Tech Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at