- WBQ brings deep transportation engineering expertise and public sector client relationships to the TMC platform
- The addition strengthens TMC’s presence across Florida’s transportation engineering market
- Grovecourt Capital Partners, a West Palm Beach, Florida-based private equity firm, backs TMC as part of its lower middle market growth strategy
Grovecourt Capital Partners-backed TMC has acquired WBQ Design & Engineering, a Florida-based transportation engineering firm serving public sector clients throughout the state.
WBQ, founded in 1994, has built a reputation for technical expertise, responsiveness and client service, along with longstanding relationships with the Florida Department of Transportation, Florida’s Turnpike Enterprise, the Central Florida Expressway Authority and other public sector clients.
The acquisition expands TMC’s capabilities and strengthens its presence across Florida’s transportation engineering market. It builds on TMC’s strategy of building a transportation engineering platform serving clients throughout the Southeast.
Grovecourt Capital Partners, based in West Palm Beach, Florida, specializes in investments in founder-led and family-owned businesses in the lower middle market, partnering with management teams to pursue organic and inorganic growth.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.