STV Acquires American Engineers

Written by Carolina Worrell, Senior Editor, Railway Age
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NEW YORK CITY – STV Group, Inc. (STV) announced June 8 that it has acquired American Engineers, Inc., a full-service civil engineering firm with a staff of more than 120 professionals in Kentucky and Georgia, servicing clients throughout the Southeast.

According to STV, the transaction formally closed on June 1 and American Engineers, Inc., will now be known as AEI, an STV Company.

Headquartered in Glasgow, Ky., AEI has offices in five cities across Kentucky and Georgia and focuses on providing engineering solutions for transportation, industrial, utility, municipal and federal clients. Its geographic footprint is situated between the rapidly growing I-75 and I-65 transportation corridors, where both public and private sectors are investing billions of dollars in transportation, infrastructure and manufacturing. This acquisition, STV says positions the firm to “fully support the future growth and economic development in this region.”

“We couldn’t be more excited about the culture and capabilities AEI brings to STV,” said STV President and CEO Greg Kelly, PE. “The coming together of AEI and STV immediately allows us to scale our services in a rapidly developing region and solidifies STV’s growing presence in the Southeast. It will also create exciting new career opportunities for our teams.”

“STV and AEI are a natural fit,” said Ben Quinn, Jr., P.E., President of AEI, an STV Company. “Our companies believe in deep partnerships; and together, we will offer the right combination of skills and resources to elevate our client service, develop our people and drive sustainable business growth.”

“We are proud to welcome AEI to STV,” said Joseph Gleberman, STV Board Member and CEO of The Pritzker Organization, whose list of portfolio companies includes STV. “This new collaborative partnership broadens STV’s footprint while bringing new and innovative services to our clients in this region.”

In related news, STV on March 1 announced its new 2023-2025 Strategic Plan outlining three key priorities and unveiled a new rebrand that “embodies the company’s bold new direction with updated purpose and values.”

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