Courtesy / Sebago Technics
Mark Adams, president and CEO of Sebago Technics
Updated: January 20, 2021
South Portland engineering firm makes Bridgton acquisition, 'actively pursuing' others
Courtesy / Sebago Technics
Sebago Technics engineering firm has announced several promotions within the project delivery team.
South Portland-based engineering firm Sebago Technics said Tuesday that it has acquired Sawyer Engineering and Surveying, a small firm based in Bridgton, to gain a foothold in the fast-growing Lakes Region. Terms were not disclosed.
Sebago Technics, a civil engineering, survey, transportation, landscape architecture and environmental services consulting firm led by President and CEO Mark Adams, is owned by its 75 employees. He said the company employs 19 licensed engineers and had revenue of more than $10 million in 2019.
Sawyer, which employed four people, was sold by founder George Sawyer. He will stay on during the transition, and his firm will initially operate as Sawyer Engineering and Surveying — a division of Sebago Technics.
"We have known Sawyer Engineering and Surveying for many years, shared a few common clients and have collaborated a few times over the years," Adams told Mainebiz, adding that George Sawyer felt Sebago was a good fit for his business, clients and employees.
"For Sebago," he said," it is an opportunity to continue the great work and reputation of a respected firm, to add experienced personnel — hard to find in this market — and to establish a presence in the Lakes Region."
While Sebago has done projects in the Lakes Region throughout its history, he said, it's seen a growing need and opportunities in the region in the last several years.
"The acquisition gives us a foothold, physically and through Sawyer's contacts, into the area," he added. "With the move of many people to their second homes and rural areas, in the last few years and of course during the pandemic, it seems as though the opportunities to provide our services and support the growth of the Lakes Region communities will only increase."
Adams told Mainebiz that the companies started talks early last year but then faced delays.
"Like many things, the discussions got a bit sidetracked with COVID," he said, adding that discussions resumed in the fall and the companies closed on the acquisition on Dec. 30.
Asked about further acquisitions, Adams said, "We are continuing to look and are actively pursuing opportunities that add to our services, client base and geographic presence. We work throughout New England but our focus is on northern New England and Maine in particular."
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