Parsons Corporation announced today that it has acquired Applied Sciences Consulting, Inc., a Florida‑based engineering firm that specializes in water and stormwater solutions for cities, counties, and water management districts across the state. The deal was completed in an all‑cash transaction and will be integrated into Parsons’ North America Infrastructure business unit.
Applied Sciences brings a portfolio of expertise in flood resilience, stormwater management, and water infrastructure design, serving a broad range of municipal and regional clients. The acquisition adds a new set of technical capabilities and a strong client network that complements Parsons’ existing water and environmental services.
Strategically, the move expands Parsons’ water and stormwater expertise and strengthens its foothold in Florida, a market that has committed billions to water infrastructure resilience. The acquisition is consistent with Parsons’ disciplined, accretive acquisition strategy, which targets businesses that can deliver revenue growth and adjusted EBITDA margins of at least 10%. By adding Applied Sciences to its portfolio, Parsons positions itself to capture additional revenue from state and federal water‑related projects and to enhance its overall service offering in the critical infrastructure sector.
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