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Stock impact report

Parsons Acquires Applied Sciences Consulting, Inc.

Parsons Corporation (PSN) 
Last parsons corporation earnings: 3/10 06:30 am Check Earnings Report
Company Research Source: GlobeNewswire
CHANTILLY, Va., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Parsons Corporation (NYSE: PSN) today announced 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. Founded in 2005, Applied Sciences is based in Tampa, Florida, and works closely with agencies across Florida to deliver solutions that protect and advance the region’s water infrastructure resilience. The acquisition expands Parsons’ water expertise, strengthens its presence in Florida, and is consistent with the company’s strategy of completing accretive acquisitions with revenue growth and adjusted EBITDA margins of at least 10%. The acquisition was an all-cash transaction. Applied Sciences will be integrated into Parsons’ North America Infrastructure business unit. “Parsons is an industry leader in the water sector, having transformed some of the world’s most complex water and wa Show less Read more
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