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McAdams Expands Southeast Presence with Acquisition of Florida-Based AVID Group, LLC

ORLANDO, FL — McAdams, a multidisciplinary design and engineering firm headquartered in Raleigh, North Carolina, and specializing in civil/site design, planning and design, transportation, water resources, and geomatics, announces the acquisition of AVID Group, LLC, a Central Florida (Orlando/Tampa) civil engineering firm with commercial and retail projects throughout Florida. This strategic acquisition will strengthen McAdams' position in the southeast and enhance its ability to serve both existing and new clients.

"We are thrilled to welcome the talented AVID team into the McAdams organization," said Michael Munn, President and Chief Executive Officer at McAdams. "This acquisition will expand our geographic reach and cement our hold in the ever-changing civil engineering, land planning, landscape architecture, transportation, and geomatics fields. We're continuing our focus on strategic and sustainable growth by creating positive experiences for our communities and employing and retaining the best talent. We look forward to integrating our new team members and getting to work in Florida."

With this acquisition, McAdams will bolster AVID's existing services in the Central Florida market. AVID's local knowledge and track record in land development will complement McAdams' existing expertise. The combined firm will leverage its knowledge, skills, and abilities to provide clients with planning and problem-solving solutions.

"This partnership represents an opportunity for us to continue AVID's vision of growing and expanding our services throughout the state of Florida and reaching new heights," said Tracy Scott, Principal and Chief Financial Officer at AVID Group. "McAdams is dedicated to excellence, and we feel as though the culture and values of our companies are very similar. We're excited to get to work and serve our clients in a more robust way."

As McAdams and AVID join forces, both companies are committed to maintaining open lines of communication with clients and ensuring a seamless transition. The focus will remain on delivering quality work and nurturing long-term relationships. To accommodate anticipated growth, McAdams will be seeking new office space in the Central Florida market.

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