BECN’s Latest Acquisition: DM Figley Reinforces Waterproofing Division and Accelerates Ambition 2025
In a recent business move, Building Envelope Consultants & Engineers, Inc. (BECN) announced the acquisition of DM Figley & Associates, a waterproofing consulting firm based in Ohio. This strategic acquisition is aimed at strengthening BECN’s waterproofing division and advancing its growth initiatives under the Ambition 2025 plan.
Strengthening BECN’s Waterproofing Division
DM Figley brings over four decades of experience in the waterproofing industry to BECN. With a team of highly skilled professionals, DM Figley has provided consulting services for various types of waterproofing projects, including residential, commercial, and industrial structures. The addition of DM Figley’s expertise and capabilities will significantly enhance BECN’s waterproofing division, allowing the company to better serve its clients and expand its offerings.
Advancing Ambition 2025 Growth Initiatives
BECN’s Ambition 2025 plan outlines the company’s strategic growth objectives for the next decade. The acquisition of DM Figley is a key step in achieving these goals by expanding BECN’s service offerings and geographic reach. With the combined resources and expertise of both companies, BECN will be better positioned to take on larger and more complex projects, both domestically and internationally.
Impact on Customers
For customers, this acquisition means access to a wider range of waterproofing services and expertise. BECN’s clients will benefit from DM Figley’s extensive experience and knowledge in waterproofing, as well as the company’s commitment to delivering high-quality solutions. Additionally, the acquisition will enable BECN to provide more comprehensive services, including design, investigation, and construction phase services.
Impact on the Industry
The acquisition of DM Figley by BECN is a significant development in the building envelope consulting industry. This merger will create a stronger and more capable player in the market, enabling the company to tackle larger and more complex projects. The combined resources and expertise of the two companies will also lead to innovative solutions and advancements in waterproofing technology.
- Expanded waterproofing capabilities
- Increased geographic reach
- Improved ability to handle larger, more complex projects
- Innovative solutions and advancements in waterproofing technology
Conclusion
The acquisition of DM Figley by BECN is a strategic move that strengthens the company’s waterproofing division and advances its growth initiatives under the Ambition 2025 plan. This merger will provide customers with access to a wider range of waterproofing services and expertise, while also creating a stronger and more capable player in the building envelope consulting industry. With the combined resources and expertise of the two companies, BECN is well-positioned to tackle larger and more complex projects and lead the way in innovative waterproofing solutions.
As we move forward, it will be interesting to see how this acquisition shapes the industry and what new developments and advancements it brings to the world of waterproofing.
