Raleigh design and engineering firm McAdams made its second acquisition in two months. It acquired offices in Asheville and Greenville, South Carolina, from TPD, formerly known as Traffic Planning and Design. This marks the first office in South Carolina for McAdams.
“Adding additional offices to our existing North Carolina footprint is a great opportunity for us,” said Michael Munn, president and chief executive officer at McAdams, in a release. “The current TPD team focuses on specialized public engagement topics, such as environmental responsibility and work with non-profit agencies, and develops helpful and creative transportation solutions.”
McAdams now has 517 employees, including the 10 that have joined the firm from the former TPD offices. TPD, headquartered in a Philadelphia suburb, has more than 275 employees in 14 locations in Pennsylvania, New York, New Jersey and Delaware.
In November, McAdams acquired AVID Group, a civil engineering firm in Florida. AVID Group, which began in 1991, had 20 employees and offices in the Tampa and Orlando areas at the time of the acquisition.
McAdams was founded in 1979 by Chairman John McAdams when he was 30 years old. The company has branch offices in Charlotte, Durham and Winston-Salem.
McAdams’ portfolio includes the 52-acre UNC Wilmington Outdoor Recreational Master Plan, renovations to the 243-acre City Lake Park in High Point and the 10-block Salisbury Main Street Streetscape Plan.