7 million in new annualized revenues, minimal new SG&A and 100% internalization, these tuck-in acquisitions
represent a continuation of our long stated strategy to improve operating margins through routing efficiencies, reduced SG&A and increased internalization," stated Ven Poole, Vice President of Market Development.
In addition to larger acquisitions, Tetra Tech is executing its strategy of tuck-in acquisitions
in select markets.
The transactions include a new market entry into the central Kansas market, two landfills and a number of tuck-in acquisitions
to the Company's existing operations.
Along with our many tuck-in acquisitions
and the continued expansion of our non-regulated wastewater services business, we are pleased to cap off 2006 with an immediately accretive, platform-building acquisition that establishes an important beachhead in the country's third most-populous state.
We will also continue to make tuck-in acquisitions
in our existing markets to improve route density and provide a full range of collection services to our customers.
The company also continues to grow its international presence and has recently made a few strategic investments in Brazil through tuck-in acquisitions
and joint ventures.
These transactions include two collection tuck-in acquisitions
to Eastern Idaho, four collection tuck-in acquisitions
to coastal Oregon, one collection tuck-in acquisition
to suburban Portland Oregon, a collection tuck-in to western Oklahoma, a collection and transfer company in central California which will be operated as a satellite to Madera Disposal Systems, and a municipal solid waste landfill located in Butler County, Nebraska.
Our two tuck-in acquisitions
, combined with strong organic growth, have helped us achieve our goal of building CSC's distribution business into a world class enterprise," said Steve Eisenstein, Senior Managing Director at Harvest.
Century also announced the tuck-in acquisitions
of two accounting, advisory, and tax entities: David & Samson, based in Fairfax, Virginia (Washington, D.
ResCare continues to expand its community services operations through both organic growth and selected tuck-in acquisitions
," said Ralph G.
The first half of the year not only produced several more 'bread-and butter' tuck-in acquisitions
but also a platform-building agreement that establishes a major beachhead in New York's Long Island market, which positions us to pursue additional growth opportunities in the country's third most-populous state," said Aqua America Chairman and Chief Executive Officer Nicholas DeBenedictis.
RMK spent $120 million for tuck-in acquisitions
in 2005 and approximately $188 million in cash for share repurchases, which was consistent with the company's stated strategy.