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  • Wednesday, November 13, 2024
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Tetra Tech Buys Amyx to Expand Federal IT Business; William Schaefer, Dan Batrack Quoted

Tetra Tech (Nasdaq: TTEK) has acquired Reston, Virginia-based management consulting firm Amyx for an undisclosed sum as part of efforts to expand its cybersecurity and enterprise technology service offerings.

Tetra Tech said Thursday Amyx will become part of its government services group as a result of the transaction.

“The addition of Amyx to our Federal Information Technology Division enables us to expand the use of advanced data analytics, cybersecurity, digital transformation, and agile software development solutions for our government and commercial customers,” said Dan Batrack, chairman and CEO of Tetra Tech.

William Schaefer, president and CEO of Amyx, said the transaction will enable the company to gain access to Tetra Tech’s contract vehicles and global platform.

“Leveraging Tetra Tech’s expertise in areas such as Artificial Intelligence and experience supporting customers with very similar mission needs to our own, not only creates more value for our clients, but also establishes exciting opportunities for our employees to grow professionally,” Schaefer added.

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