Tetra Tech made offer for Hoare Lea more than two years ago

By Dave Rogers2021-08-06T05:00:00

Source: Hoare Lea

Managing partner says approach from $3bn turnover US firm came ‘out of the blue’

The boss of Hoare Lea has told Building that Tetra Tech’s deal to buy the firm was made more than two years ago but was held up by the covid-19 pandemic.

Justin Spencer, who will retain his managing partner title for a few more weeks before swapping it to managing director, said the offer from the $3bn turnover California-based firm was made in early 2019.

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