Hatch, LTK complete merger to form rail and transit solutions provider
LTK has joined Hatch’s global infrastructure team, with the new partnership providing a foundation to position Hatch as a transportation solutions provider in North American and worldwide.
LTK brings to the integration a strong focus on passenger rail while providing specialized technical and management expertise to meet clients' vehicle and systems engineering challenges, with a major footprint in the U.S. as well as Canada, Australia and China. Hatch brings its global multi-disciplinary staff with broad design and construction expertise in rail, transit and port infrastructure, from freight and passenger rail to corridors and terminals as well as tunnels, bridges and signaling systems.
“LTK’s focus on rail and rail systems combined with Hatch’s integrated, multi-disciplinary transportation expertise will provide our clients with comprehensive options across the entire supply chain and lifecycle of their operations,” said Hatch Chairman and CEO John Bianchini. “The integration of Hatch and LTK allows us to broaden our US capabilities and to deliver transformational solutions to clients globally.”
“By joining forces with Hatch, we can achieve LTK’s long-term goals and together become a dominant provider of global transit solutions,” said LTK CEO Dominic DiBrito. “Our clients know that we’ll be serving them with the same great team while offering expanded services and resources to solve more of their toughest challenges.”
AEC Advisors initiated the merger transaction and served as financial advisor to Hatch.
