Parsons Company (NYSE:PSN) is among the best-performing midcap tech shares within the final 3 years. On October 2, 2025, Parsons (NYSE:PSN) introduced that it had acquired Utilized Sciences Consulting, Inc., a Tampa, Florida–based mostly engineering agency specializing in water and stormwater administration options.
The all-cash transaction will combine Utilized Sciences into Parsons’ North America Infrastructure enterprise unit, increasing its capabilities in water infrastructure, hydrology, and flood-control methods.
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Parsons acknowledged that the acquisition enhances its resilience and water-infrastructure supply experience, significantly within the southeastern U.S., a area anticipated to profit from substantial federal and state funding in climate-resilient tasks. The corporate emphasised that the deal aligns with its disciplined M&A method, concentrating on transactions which are accretive and meet income development and adjusted EBITDA margin thresholds above 10%.
Parsons Company (NYSE:PSN) is predicated in Chantilly, Virginia. The corporate supplies engineering, cyber, protection, and critical-infrastructure modernization companies to authorities and personal shoppers worldwide. The Utilized Sciences acquisition underscores its give attention to combining conventional engineering with superior modeling and data-driven infrastructure options.
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