A New Orleans marine engineering company acquired by S&B

A 264ft “M” class EnviroMax service operating vessel. Photo courtesy S&B

Houston-based S&B Infrastructure, Ltd., announced Wednesday that it has acquired Technology Associates, Inc., a New Orleans-based marine engineering and naval architecture firm.

TAI will continue operations as TAI Engineers LLC, according to a press release. Financial terms of the transaction were not disclosed.

A press release said the acquisition will also position S&B as a leading government and commercial engineer of world-class ships.

“This acquisition strengthens our capabilities to design and build even larger government and commercial marine projects,” said Daniel Rios, president of S&B Infrastructure. “We acquired TAI because of the ever-changing needs of our customers and the organization’s focus on safety, integrity and customer trust, all of which are key S&B values. The agreement marks a win for clients as we deliver projects with even greater certainty, safely on time and within budget.

TAI has been around for decades, with professionals working on marine projects around the world for commercial and government clients. Major projects have been with the US Coast Guard, US Navy, NOAA, US Army, US Army Corps of Engineers and others.

The entire TAI team – approximately 80 maritime professionals, located primarily in New Orleans and Vishakhapatnam, India – will join S&B, according to the release.

“This is an exciting opportunity for TAI, its management and staff, and the continued growth of TAI,” said Anil Raj PE, Founder and Chairman of TAI. “The synergies between S&B’s diverse technical capabilities and its broad engineering footprint, combined with the maritime expertise of TAI Engineers, will enable the company to offer significantly enhanced expertise, resources and products, to the benefit of our clients.”

Raj will remain chairman of TAI and continue to manage day-to-day operations, according to the statement.

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