A strategic partnership agreement has been signed with AtkinsRéalis, under which they will acquire a 70% stake in Flux Resources’ parent company, David Evans Enterprises, Inc. (DEEI). The transaction is expected to close in the first half of 2025.
DEEI is the parent company of Flux Resources, David Evans and Associates, Inc. (DEA), and its other affiliates. Originally created by David Evans and Associates as DEA Onsite, Flux Resources was designed specifically to meet the staff augmentation needs of clients in the architecture, engineering, and construction space. Their clients include private organizations and all levels of government.
This partnership aims to invest in enhancing Flux Resources’ capabilities to deliver long-term value to our clients and our talent. DEEI and its subsidiaries, including Flux, will maintain their current leadership, company structure, and brands.
“The partnership between DEEI and AtkinsRéalis aligns with our strategic vision and enhances our professional services in the Western US and beyond,” said Al Barkouli, Chairman and CEO of DEEI.
For additional details, check out the AtkinsRéalis press release: https://lnkd.in/etBSa9dT