Wednesday, February 20, 2019

GSE Systems acquires Texas engineering firm for $13.5 million

GSE Systems Inc. has acquired a North Texas engineering firm for $13.5 million in a move that helps the company provide more services to large nuclear energy providers. Sykesville-based GSE Systems provides engineering, staffing and simulation software services to clients in the power and process industries in more than 50 countries. The purchase of Fort Worth-based DP Engineering closed Tuesday. GSE Systems used cash from a current term loan facility to fund the transaction. If DP Engineering…



from https://www.bizjournals.com/baltimore/news/2019/02/20/gse-systems-acquires-texas-engineering-firm-for-13.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/182939160342

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