SAM experiencing rapid growth, further solidifies its position as the most technically advanced professional Geospatial and Inspection firm in North America.
AUSTIN, Texas, May 22, 2023 /PRNewswire-PRWeb/ -- SAM Companies ("SAM" or the "Company"), the nation's leading provider of professional Geospatial and Inspection solutions across the utility, transportation, and broader infrastructure industries, today announced that it has acquired MTPLS Surveying & Mapping ("MTPLS"), a professional Geomatics solutions company.
Headquartered in Baltimore, Maryland, MTPLS offers a variety of services to clients across the Mid-Atlantic Region. With over 150 years of combined professional knowledge and extensive experience working with clients across both the public and private sectors, MTPLS expands the Company's capacity, experience, and geographic presence. SAM's acquisition of MTPLS advances its strategic growth plan, particularly its Unmanned Aerial Mapping, Inspection, and Geospatial capabilities in the utility market.
"As we continue to expand our client solutions and geographic presence, we're excited to welcome the MTPLS team to the SAM family," said SAM President and CEO, Chris Solomon. "Their expertise delivering high-quality spatial data from field to finish for clients in the Mid-Atlantic Region, is an excellent complement to our Geospatial and Inspection solutions. We look forward to further enhancing our industry-leading capabilities alongside the like-minded professionals at MTPLS."
As part of the acquisition, the MTPLS team, including Owner and President, Michael Trent, will join SAM. Mr. Trent will continue to focus on business development and operations, supporting SAM's strategic growth plans. "We're looking forward to joining SAM's team of like-minded professionals. Their specialized technical capabilities, resources, and knowledge across complementary service lines opens the door for new, value-added solutions to our engineering, and broader infrastructure clients," said Mr. Trent.
SAM continues to pursue a bold strategic growth strategy, both organic and through acquisition, with an emphasis on strengthening its technical capabilities, client solutions, and geographic expansion. This acquisition represents SAM's eighteenth acquisition in the past seven years. Business owners interested in learning more about SAM's M&A strategy and the benefits of partnering with the Company should visit the " Mergers & Acquisitions" page on the SAM Companies website.
ABOUT SAM COMPANIES
SAM is a leading provider of spatial data for decision support serving utilities, transportation, and infrastructure-focused clients. As the most technically advanced professional Geospatial and Inspection solutions firm in North America, SAM uses industry-leading methods to capture and analyze infrastructure and environmental conditions with unrivaled speed and accuracy, providing its partners with business insights that ensure the safety, sustainability, and reliability of critical infrastructure. The Company was founded in 1994 and is headquartered in Austin, TX.
Media Contact
SHANE NICHOLS, SAM Companies, 1 720-276-3806, Email Contact
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