Structural Preservation Systems Acquires The Atlantic Co. of America
, a Structural Group Co., has acquired The Atlantic Co. of America Inc., based in Alexandria, Virginia.
Founded in 1989, Atlantic serves the Mid-Atlantic region performing building repair and restoration, earning its reputation with a National Register portfolio of accomplishments, providing restoration services on many architectural treasures and historic landmarks.
“Structural is focused on expanding its Building Envelope services in the region and nationally,” said Bob Charles, Structural Group CEO, “and by adding Atlantic to our family of companies, we have strengthened our Building Envelope team with an experienced and successful group that has been doing excellent work for nearly 40 years. Atlantic’s commitment to its customers–and their keen focus on safety and quality first, are a great match to Structural’s mission and values.”
Atlantic’s President, David Suarez, said “Structural is a company we have watched grow into the industry leader they are today. Their ability to integrate technologies, engineering support, and construction, is an added benefit to Atlantic’s specialized services. We are pleased about our team becoming part of Structural.”
The Alexandria, Virginia location will become a part of STRUCTURAL’s Building Envelope business over the next couple of years, with emphasis on maintaining ongoing projects and service to Atlantic’s important customers in the Mid-Atlantic region.
Ross Rassuli, Atlantic’s executive vice president, added “Structural’s resources and national footprint, along with our [Atlantic’s] strong reputation, expertise, and industry knowledge, are a great combination–and we are confident that our team and our customers will experience the benefits of this expansion”.
Structural’s Building Envelope growth strategy is aimed at national expansion, and more announcements are expected in the coming months. The Atlantic transaction was completed March 28.