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Stock impact report

Parsons Acquires Applied Sciences to Bolster Water Infrastructure Capabilities [Yahoo! Finance]

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
that it had acquired Applied Sciences Consulting, Inc., a Tampa, Florida–based engineering firm specializing in water and stormwater management solutions. The all-cash transaction will integrate Applied Sciences into Parsons' North America Infrastructure business unit, expanding its capabilities in water infrastructure, hydrology, and flood-control systems. Parsons Acquires Applied Sciences to Bolster Water Infrastructure Capabilities Source: pixabay Parsons stated that the acquisition enhances its resilience and water-infrastructure delivery expertise, particularly in the southeastern U.S., a region expected to benefit from substantial federal and state investment in climate-resilient projects. The company emphasized that the deal aligns with its disciplined M&A strategy, targeting transactions that are accretive and meet revenue growth and adjusted EBITDA margin thresholds above 10%. Parsons Corporation (NYSE:PSN) is based in Chantilly, Virginia. The company provides engin Show less Read more
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