Monday, May 16, 2016
Olsson Associates and Lutjen have completed negotiations and signed a definitive purchase agreement for Olsson to acquire Lutjen, Inc.The transaction is expected to close on June 13, 2016.
Brad Strittmatter, Olsson’s president said, "Our firms are truly complementary. Lutjen has a strong presence in private land development projects within the Kansas City metro area, which balances Olsson’s growing public and private work very well. The joining of our firms expands our breadth and depth of expertise allowing us to better serve our clients."
Lutjen will become “Lutjen, a division of Olsson Associates” from June 13 through the end of 2016. They will take on the Olsson Associates name in 2017.
“This is an exciting opportunity for all of us,” said Chris Chancellor, vice president and partner with Lutjen. “As we have taken on increasingly bigger and more complicated projects, our clients are requiring more services. This is a great way for us to provide a multi-disciplinary approach.”
Lutjen’s staff will remain unchanged. They will continue to serve their clients as they had before the acquisition.
“The Lutjen ownership and leaders will remain with the company,” Chancellor said. “We will continue to provide the personalized service our current clients have come to expect. The biggest change is that we’ll now have the backing of a larger firm and we can offer our clients a broader spectrum of engineering-related services for their projects.”
Terms of the acquisition will not be released.
About Lutjen, Inc.
Lutjen is a 52-person engineering firm in North Kansas City, Missouri. Founded in 1984, the firm offers specialties in site/civil engineering, land planning, land surveying, landscape architecture, traffic and transportation engineering. Lutjen has worked on projects throughout the Kansas City metropolitan area for both public and private clients.
Lutjen is located at 1301 Burlington Street in North Kansas City.
About Olsson Associates
Olsson Associates offers comprehensive design and consulting services in site/civil, transportation, water, environmental, field operations, survey and facilities. Olsson’s clients are in the public and private sectors. The firm was ranked No. 116 on Engineering News-Record’s top 500 design firms national list in 2016.
Established in 1956, Olsson has nearly 30 offices in the Midwest and Southwest U.S. Four offices are located in the Kansas City metro area, including Overland Park and Olathe, Kansas, and Kansas City Missouri. The firm’s planning and landscape architecture design studio with Ochsner Hare & Hare is located in the Crossroads District in Kansas City, Missouri. The employee-owned firm has approximately 200 employees in Kansas City metro and more than 950 employees firmwide.