Irish investment in California continues to grow. This morning, PM Group, Ireland’s largest engineering, architecture and project management company acquired San Jose’s Greene Engineers – a specialist engineering firm. Below, L2R: Pat McGrath, CEO PM Group; Chris Greene, CEO, PM Greene Engineers in San Jose following the closing of the acquisition.
Engineering services company Greene Engineers of San Jose has agreed to be acquired by Ireland’s largest engineering, architecture and project management firm, a deal that gives market expansion opportunities to both companies.
The acquisition enables the company to double in size to about 60 people at its headquarters on Technology Drive near the San Jose Airport. Greene is looking to open an office elsewhere in the Bay Area, possibly along the Interstate 680 corridor. It will also explore opening an office in Southern California.
The company works in a niche space that focuses on mechanical, chemical and electrical engineering for high-tech facilities. For the current deal to work, Greene needed a global partner that focused on the same markets.