CSI USA Group announced it has acquired David E. Wooster and Associates; a traffic engineering firm based in Pennsylvania. This acquisition is expected to be CSI’s first of many, and complements the group’s industry sector startup Redtree Engineering, based in Illinois.
Charles Wooster will continue to be involved with the Company as an advisor to the Board, and the entirety of the staff has been retained and all project management continues, uninterrupted.
Mr. Jerrod Crosby, who has been part of the company for 18 years and will continue to work as COO, said, "Partnering CSI's experience, capabilities and resources will allow David E. Wooster and Associates to take the next step for services provided to our clients and a further step toward future growth."
CSI USA Group is a holding of AEC industry professional services companies, investing in architecture and engineering firms which provide services in the private and public sectors, covering residential, industrial and infrastructure markets. These firms build on their technical excellence to apply CSI’s core values of Innovation, Excellence and Commitment to provide solutions to their customers, while improving the quality of living of communities with creative design, planning and engineering practices. CSI has participated in more than 2,000 client projects from more than 25 countries, and it has been working with clients in the U.S. for decades.
Mr. Jacinto D. Duran, who is taking over as CEO, said, “We are very excited with David E. Wooster and Associates joining our group and the synergies created both ways, which will bolster growth and a broader base of services for our US customers. We have a great group of professionals and there’s excitement about this growth opportunity for everyone.”
The acquisition of David E. Wooster and Associates brings CSI’s team to nearly 300 professionals, adding a strong reputation, expertise, and experience to CSI’s capabilities while expanding its footprint in the USA.
David E. Wooster and Associates, headquartered in Pittsburgh, Pennsylvania, was founded in 1972 and has been at the forefront of the traffic engineering industry in the tri-state area ever since. The firm’s staff delivers cutting edge, innovative, and economical solutions to today’s complex traffic and roadway design issues.
Zweig Group initiated the transaction and advised CSI. The deal team included Andrew Chavez, CM&AA, an advisor with Zweig Group’s M&A team, and Jamie Claire Kiser, managing principal at Zweig Group.