Acquisitions14 Nov 2025, 02:06 pm
Mold-Tek Technologies Acquires Beryl Project Engineering for $2.7M, Expanding into U.S. Residential and Infrastructure Engineering Market
AI Summary
Mold-Tek Technologies Limited, a leading provider of engineering services, has successfully completed the acquisition of Beryl Project Engineering LLC, a Florida-based engineering and inspection services company, for a purchase consideration of $2.7 million. Beryl is expected to contribute $7 million in annualized revenue, starting from November 2025, with a revenue growth of 25% YoY. The acquisition marks Mold-Tek's strategic entry into the U.S. market and presents significant potential for exponential growth, backed by operational synergies, cross-leverage opportunities, and technology integration.
Key Highlights
- Mold-Tek Technologies acquires Beryl Project Engineering for $2.7 million
- Beryl is expected to contribute $7 million in annualized revenue to Mold-Tek
- Acquisition marks Mold-Tek's strategic entry into the U.S. residential and infrastructure engineering market
- Potential for exponential growth through operational synergies, cross-leverage opportunities, and technology integration
- Beryl's FY26-27 revenue projection is approximately $7 million, driven by design expansion, condominium milestone projects, and regional diversification across the U.S. Southeast & US