IBG Fox & Fin initiated and facilitated the sale, which closed June 30, 2022. Managing director Mike Cauley (pictured) led the IBG Fox & Fin team in this transaction.
The terms of the transaction are not disclosed at the parties’ requests.
Founded in 1980, Speedie and Associates is a leading provider of engineering services to the Arizona market with more than 160 engineers, geologists, laboratory field technicians, environmental professionals, and support staff across offices in Phoenix, Tucson, and Flagstaff. Universal Engineering Sciences (UES) is a privately held, 70-office engineering and consulting firm based in Orlando, Florida. Its nearly 3,400 professionals provide services in geotechnical engineering, construction materials testing, building code compliance, threshold inspections and environmental consulting. UES consults on projects for public and private clients in industries ranging from transportation and healthcare to commercial, residential, and education.
“Speedie and Associates’ reputation for excellence, dedication, and expertise make them a great fit with our culture and our vision,” said UES CEO Dave Witsken. “Speedie and Associates is an example of our strategic approach to partnering with best-in-class engineering firms in key, high-growth markets.”
“The opportunity to join UES is a significant milestone in our growth and allows us to provide a more diverse range of expertise to our clients,” said Speedie and Associates President and CEO Gregg Creaser, PE, RLS. “We’re excited to join UES during this exciting time of growth.”