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 has more than 34 years of experience helping clients understand and manage environmental issues. We have the natural resource and environmental regulatory experience and expertise to assist you in obtaining the necessary approvals for your project while meeting your goals within schedule and budget.
Our environmental scientists and specialists work with clients to provide the best scientific data available to help them restore, protect, manage, and develop natural resources in accordance with today's complex federal, state and local laws. VersarGMI’s in-house staff resources include FAA certified wildlife hazard biologists, ecologists, chemists, botanists, environmental engineers, and regulatory compliance specialists, who can offer comprehensive services with a broad-range of experience throughout the Atlantic, Pacific, Gulf of Mexico, and Caribbean.
Our services include:
- Wetland delineations and mitigation
- Flora and fauna surveys
- Resource management
- Pest management
- Agency consultation
VersarGMI is committed to providing our clients with experienced staff that can quickly understand each project's requirements, and develop effective working solutions based on sound science and best management practices that meet the client's operational needs against the background of current laws, regulations, rules, and standards.
Current clients include:
- U.S. Navy
- U.S. Air Force
- U.S. Army
- U.S. Army Corps of Engineers
- U.S. Department of Agriculture
- General Services Administration
- Department of Interior
- Texas Department of Transportation
- City of San Antonio
- City of Dallas
- KSA Engineers
- Coffman and Associates
VersarGMI also offers a wide variety of environmental engineering and remediation services such as developing and implementing compliance and pollution prevention programs, landfill closure, groundwater treatment, excavation and disposal, demolition, in-situ treatment, biofarming, slurry walls and other advanced technologies.