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Announcement (August 7, 2009):
ENGlobal has signed an agreement to acquire the assets of PCI Management. The transaction is expected to close in the third quarter of 2009.
Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2009-08-17
Deal Participants
Target (Company) PCI Management and Consulting Company - Assets Acquirer (Company) ENGlobal Corporation Vendor (Company) PCI Management and Consulting Company (formerly Power Consultants, Inc.)
Deal Rationale
The transaction would enable ENGlobal to furthers strengthen its business.
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