Lochmueller Group, Inc., is announcing the acquisition of Multatech Engineering, Inc., headquartered in Fort Worth, Texas, with an office in Dallas, Texas.
Multatech is a full-service engineering firm that supplies civil design and construction administration to clients across Texas and the southwest for projects including railroad infrastructure, transportation and municipal design, utility infrastructure (water and sewer), and stormwater planning and design.
Lochmueller is excited about the opportunity to build upon the strong base established by Multatech to ultimately expand its staff and earn new clients throughout North Texas.
”As part of our strategic planning process, we identified ways in which Lochmueller Group could continue to grow in size and prominence, thereby furthering the company’s legacy and sustainability while also generating increased value for our employee-owners,” said Lochmueller President and CEO Doug Shatto. “Multatech represented an opportunity for us to diversify our market area, client base, and even our service offerings. We’re extremely excited to be in Texas, which has a tremendous demand for engineering services.”
For Multatech, joining Lochmueller will allow them to expand the services they provide to their legacy clients while providing their employees with expanded resources and opportunities for growth.
“Multatech already has a good team in place with long-standing relationships with a number of municipalities and agencies,” added Steve Fleming, Lochmueller’s Vice President and COO. “We believe we have similar cultures and values and that our combined forces will allow us to continue serving our current clients throughout our broader market area while building new relationships.”
Multatech will maintain its current brand for the immediate future as a Lochmueller Group service company under the local leadership of Paul Padilla, PE. Both companies' day-to-day operations will remain largely unchanged.
“Multatech is excited to enter into this new phase. Lochmueller and Multatech share an overlap of services that complement each other. This acquisition is a: Win for our existing clients as it allows us to expand the services we provide; Win for Lochmueller as it enhances their service lines and expands their footprint into Texas and throughout the southwest; Win for Multatech as it provides additional opportunities and resources to support growth,” said Paul Padilla, Multatech’s Vice President and COO.
Paul Padilla added, “Every effort has been made to ensure that there is a seamless continuity of services provided to our existing clients. There will be no reduction in force or change in management responsibilities. The level of service and responsiveness will not be affected."
“As the principal owner of Multatech since 1999, I am confident our employees and our community will benefit immensely from this acquisition,” said Alfred Saenz, Multatech’s President and CEO.
The long-term vision of an expanded Lochmueller Group is to focus on delivering a better tomorrow for all with an emphasis on the communities in which they work and live. Their combined approach emphasizes problem-solving, servant leadership, and outstanding customer service in an effort to improve life in those communities.
