TMC Acquires WBQ Engineering, Expanding Its Florida Transportation Engineering Platform
TMC Acquires WBQ Engineering, Expanding Its Florida Transportation Engineering Platform
TMC, a leading transportation engineering roadway, traffic, and planning firm backed by Grovecourt Capital Partners, today announced the acquisition of WBQ Design & Engineering (“WBQ”), a Florida based transportation engineering firm serving public sector clients throughout the state.
WBQ brings deep transportation engineering expertise to the TMC platform, and longstanding relationships with the Florida Department of Transportation (“FDOT”), Florida’s Turnpike Enterprise, Central Florida Expressway Authority, and other public sector clients. The acquisition further expands TMC’s capabilities and strengthens its presence across Florida’s transportation engineering market.
Founded in 1994, WBQ has established a strong reputation for technical expertise, responsiveness and client service. The firm’s capabilities and relationships are highly complementary to TMC’s existing platform, creating additional opportunities to serve clients across a broader range of transportation and infrastructure projects.
“We are excited to welcome the WBQ team to TMC,” said Matt Ryan, CEO of TMC. “WBQ has built an excellent reputation in the Florida transportation market, with strong technical capabilities and deep relationships with FDOT and other key clients. The team is a great cultural and technical fit with TMC, and we look forward to combining our capabilities and continuing to build a leading transportation engineering firm across Florida and the southeastern United States.”
“Joining TMC is an exciting next chapter for WBQ and our team,” said Derek Burke, Co-Founder and President of WBQ Engineering. “TMC shares our commitment to our people, our clients and the communities we serve. We are excited about the opportunity to leverage the resources and capabilities of the broader TMC platform while continuing to deliver the high level of service our clients expect.”
The acquisition of WBQ represents the latest step in TMC’s strategy of building a leading transportation engineering platform serving clients throughout the Southeast. WBQ further strengthens TMC’s presence in Florida and enhances its ability to serve public agencies and infrastructure clients with a broader range of technical expertise and resources. The addition also reflects TMC’s continued commitment to investing in talented professionals, broadening its capabilities and building lasting client relationships.
About TMC
TMC is a Florida-based transportation engineering and planning company specializing in roadway and traffic design and land development planning. TMC serves private clients and governmental agencies at the local, county and state levels and is focused on providing innovative, strategic and effective solutions for safe and efficient transportation. TMC is backed by Grovecourt Capital Partners. For more information, visit www.trafficmobility.com
About WBQ Engineering
WBQ Design & Engineering is a Florida-based transportation engineering firm providing professional engineering and related services to public sector transportation clients. The firm has developed longstanding relationships with FDOT, Florida’s Turnpike Enterprise and other transportation agencies throughout Florida and is recognized for its technical expertise and commitment to client service. For more information, visit www.wbq.com
About Grovecourt Capital Partners
Grovecourt Capital Partners is a private equity firm based in West Palm Beach, Florida, specializing in investments in founder led and family-owned businesses in the lower middle market. Grovecourt partners with management teams to execute organic and inorganic growth opportunities, while optimizing performance and creating long term value. For more information, visit www.grovecourtcapital.com
Sarah Ball
Gregory Agency
sball@gregoryagency.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260914413941/en/
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
The Smartest Moves for Bond Investors Today, and What to Do When You Have Too Many Investments
Undervalued by 15%, This Utilities Stock Could Be an Unexpected AI Winner
The Thrilling 37
33 Undervalued Stocks to Buy Before the Market Shifts Again
United States