Pape-Dawson Engineers recently acquired another civil engineering firm in the Dallas-Fort Worth area. The company claims that according to its calculations, the deal means Pope-Dawson has created more acres than any other engineering company in Texas in the past year and a half.
San Antonio-based Pope-Dawson last week announced the acquisition of Plano-based Dowdey, Anderson & Associates (DAA). The deal was finalized on October 1. The purchase price and other details were not disclosed.
The company says that, according to its internal data collection, it now ranks as the # 1 land use engineer in Texas for classified land, classified single-family residential lots and total number of classified acres. The combined companies have filed 557 plans of subdivision, representing 10,750 acres and 25,058 single-family residential lots in the past 18 months.
The agreement “shows our continued commitment to work in Texas and grow in Texas,” said company president Gene Dawson.
The company first grew outside of San Antonio 15 years ago and now has offices in New Braunfels, Austin, Fort Worth, Dallas and two in Houston. Its Dallas office was established in 2014 and focuses on residential developments, commercial properties and public works projects.
Managing Director Brad Davis said in a prepared statement that the company is specifically looking to expand in the booming Dallas-Fort Worth region.
DAA President Bill Anderson said in a prepared statement, “Together, no other company can match our experience in developing residential land in the State of Texas.”
Pope-Dawson has consistently ranked in recent years as San Antonio’s largest civil engineering firm in an annual review by the San Antonio Business Journal, as measured by the number of local civil engineers and ongoing projects. The company said it currently employs 85 civil engineers in the San Antonio area and is working on 1,723 active projects.
Statewide, it employs over 700 people.
Dawson said acquisitions have become the best way to grow, as the ongoing “war for talent” has made organic growth difficult. Texas’ unemployment rate was 5.9% in August, according to the Texas Workforce Commission, close to what economists traditionally consider full employment. This rate doesn’t take into account the millions of people who have dropped out of the workforce altogether, but it does underscore the growing challenge faced by companies looking to hire new employees.
Dawson also said the M&A market for engineering companies in Texas is hot. “A lot of private equity and a lot of companies outside of Texas want to be in Texas,” he said. “They come and buy Texas engineering companies.
Pape-Dawson was founded in San Antonio in 1965. It provides engineering and surveying consulting services, as well as road, sewer and drainage construction, among other public works. Local projects the company has been involved in include the Vista Ridge Regional Water Supply Project, the Alamo Lands, San Antonio Town Hall renovations, the Pearl Brewery redevelopment, the Henry B. González convention center, Toyota assembly plant, hundreds of residential developments. , and many more.
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