Olsson Has Executed a Purchase Agreement to Acquire Wittstruck & Associates
October 05, 2021
Omaha, Nebraska (October 5, 2021) -- Negotiations are nearly complete for Olsson, a nationally recognized engineering firm, to acquire Wittstruck & Associates.
Wittstruck is a design firm focused on providing crossing and wayside signal design services for the rail market. Founded in 1989, Wittstruck is located in Omaha's Rockbrook Village, and has 10 employees.
"Olsson has been interested in adding signal design for many years to be able to provide a more complete set of services to our rail clients,” said Brad Strittmatter, Olsson’s CEO.
“Wittstruck is known as a responsive, client-focused partner, which is aligned with Olsson’s philosophy,” he said. “We’re excited to bring their staff into our firm.”
The acquisition is anticipated to close on November 1, 2021.
“We have an outstanding staff, and I’m excited for their future opportunities and the opportunities to grow with Olsson,” said Daryl Wittstruck, owner and founder of Wittstruck & Associates. “We have provided a niche service for 30 years, and I’m happy we will be able to continue providing our work well into the future.”
Terms of the acquisition will not be released.
Olsson is a nationally recognized engineering firm made up of people who craft expert solutions and designs that improve communities. The firm offers design and consulting services in planning and design, engineering, field services, environmental and technology. For more information, go to olsson.com.