Tetra Tech, Inc. (NasdaqGS:TTEK) has signed a definitive agreement to acquire SAGE Group Holdings Limited for an enterprise value of AUD 150 million on May 1, 2025. This acquisition will expand Tetra Tech?s digital systems solutions to a broader suite of clients, and provide advanced electrical and instrumentation design, engineered control systems, cybersecurity, and cloud integration. SAGE posted AUD 216.5 million revenue and AUD 4 million profit in the year ending 30 June, 2024.

Post completion of the acquisition, SAGE Group will be joining the Commercial International Business Group. The acquisition will be subject to the satisfaction of customary closing conditions and FIRB approval.

HWL Ebsworth Lawyers Pty Ltd. acted as legal advisor and Deloitte acted as accountant to SAGE. Annabel West, Jason Marcus of Thomson Geer acted as legal advisor to Tetra Tech, Inc.