John Sartor is CEO and president of PS&S of Warren
By Joshua Burd
PS&S has established a new hub outside New Jersey with its acquisition of Priest Craven & Associates Inc., a North Carolina-based civil engineering and surveying practice.
The professional services firm, which is based in Warren, said the deal allows it to expand beyond the Northeast while adding a team that has more than four decades of experience serving the residential and commercial real estate development markets throughout the Raleigh-Durham region. Priest Craven’s team will join PS&S and continue operating from its Raleigh office.
Terms were not disclosed.
“This acquisition is part of a strategic growth plan we set forth to grow PS&S with expanded capabilities and greater geographic reach,” PS&S CEO and President John Sartor said. “North Carolina, particularly the Research Triangle area, has long been a target market for us. The addition of the Priest Craven team provides us with an immediate and meaningful presence in one of the most dynamic growth regions in the country.”
Founded in 1983, Priest Craven specializes in civil engineering, site planning and surveying services. The firm’s portfolio includes single-family detached neighborhoods, townhomes and garden-style and midrise apartment communities, as well as office buildings and shopping centers throughout the Raleigh-Durham market.
Those services complement PS&S’ full-service architecture, engineering, design, surveying and environmental platform, which has grown throughout its 64-year history. Specifically, the firm said the acquisition allows it to expand in sectors such as life sciences, energy, utility, engineering and advanced environmental services.
“After more than 40 years serving clients in the Raleigh-Durham market, it was important to find the right long-term partner for our team and our clients,” said Tommy Craven, who co-founded Priest Craven in 1983. “This is truly a win-win. PS&S gains a strong, established presence in the Research Triangle, and our employees have the opportunity to grow within a larger organization while continuing to work together and serve the clients who have trusted us for decades. Our clients get the benefit of their current relationship with Priest Craven, coupled with the strength, stability and capacity of PS&S.”
Sartor added: “The Triangle region is experiencing strong growth. Our strategy is not simply to enter a new geography, but to grow thoughtfully. Priest Craven brings 40-plus years of local knowledge, strong client relationships, and a reputation for quality. Together, we are well positioned to serve the evolving needs of developers and communities across North Carolina.”
