Plummer Associates, Inc. (Plummer), a water engineering firm headquartered in Texas, has acquired WATERMARK Engineering Group, a Tampa-based integrated water resource engineering firm.
“We are excited to combine the engineering capabilities, superior technical expertise and established experience of these two successful firms to serve the Florida water resources market,” said Chris Young, CEO of Plummer. “WATERMARK brings an established 18 years of Florida experience in integrated water management to add to Plummer’s 44-year reputation for technical innovation.”
Plummer recently opened a new office in downtown Tampa, led by John Keane. Keane oversees the firm’s development and operations activities in the state. “With the Plummer/WATERMARK team, we have strengthened our bench to provide quality-based engineering services for our Florida clients,” said Keane.
Plummer’s 2021 revenues exceeded $36 million, and it currently has 11 offices in Texas, Oklahoma, Colorado, and Florida. WATERMARK Engineering Group’s staff will remain based in the Tampa area.
Morrissey Goodale advised WATERMARK in the transaction, and AEC Advisors provided valuation consultation to Plummer. Bush Ross provided legal services to WATERMARK in the acquisition, and Morningstar Law Group provided the same to Plummer.
