Coanda, headquartered in Burnaby, British Columbia, provides a range of physical and chemical analyses, as well as mechanical engineering process and instrument development services.
The company has research and analytical labs near its British Columbia headquarters and in the neighboring province of Alberta, where it provides services to oil and gas companies drilling in the region.
According to its LinkedIn entry, Coanda was founded in 1996 and has roughly 80 employees.
Coanda is joining Tetra Tech’s commercial and international services group where it is expected to complement Tetra Tech’s own geotechnical, environmental, engineering and data analysis teams.
Tetra Tech was founded in 1966 and has about 20,000 employees. The company posted about $3 billion in total revenue for the 2020 fiscal year that ended in September. About $646 million of that revenue was classified as pass-through costs to project subcontractors.
“The addition of Coanda aligns with our ‘leading with science’ approach and advances our strategy to expand our cutting-edge scientific solutions to support the commercial and industrial sectors,” Dan Batrack, Tetra Tech’s chief executive, said in the announcement.
The acquisition came five days after Tetra Tech released an earnings report for its first fiscal quarter that ended in December.