Versar, Inc. Acquires Geo-Marine, Inc.
Versar, Inc. (NYSE MKT: VSR) has acquired Geo-Marine, Inc., a business with more than $20 million in annual revenues. The purchase price was paid with a combination of cash and seller notes. Geo-Marine, headquartered in Plano, Texas, provides engineering design, construction management, environmental planning and programming, and other services in support of a wide range of government, industry, and commercial clients.
VersarGMI is a nationally recognized leader in the inventory, assessment, and management of historic properties, with two decades of experience providing services throughout the U.S. and Guam. Our talented team of archeologists, ethnographers, osteologists, architectural historians, and GIS specialists have the technical expertise and experience to design and direct innovative programs that are responsive to client needs, and meet all federal and state requirements.
VersarGMI has extensive experience in providing cultural resources input in support of environmental assessments or environmental impact statements. We have performed on both linear and areal projects. Some of these were as small as an acre; others covered hundreds of miles and thousands of acres across multiple states.
Our team of archeologists, osteologists, and historians offer unparalleled expertise in conducting osteological investigations. Services may include the discovery of human remains at residential development sites, analyzing and interpreting the data related to the excavation, and reinterment of hundreds of individuals.
Cutting Edge Technology
VersarGMI utilizes a suite of advanced techniques including GPS, 3D laser scanning, and geophysical survey to more quickly and accurately document cultural resources. Our team has developed 3D models of complex sites and artifacts, predictive models of archaeological and historical resources, and sampling strategies to reduce work load and eliminate redundancy, thereby lowering the costs to achieve your project goals. Our 3D laser scanning specialists have experience documenting sites, features, and artifacts in 15 states and 6 countries.