90-employee Lee County engineering and planning firm acquired


  • By Mark Gordon
  • | 8:45 a.m. January 12, 2024
  • | 2 Free Articles Remaining!
Banks Engineering worked on the Sunseeker Resort project in Charlotte County.
Banks Engineering worked on the Sunseeker Resort project in Charlotte County.
Courtesy image
  • Charlotte–Lee–Collier
  • Share

Banks Engineering, a 90-employee civil engineering, planning and land surveying firm based in Fort Myers, has been acquired. 

Michigan-based Atwell, a national consulting, engineering and construction services company, bought Banks Engineering, which operates under an entity named BEI Engineering Group and has offices in Fort Myers and Port Charlotte. Terms of the transaction weren’t disclosed.

Banks Engineering was founded in 1992 and has supported private sector work for a diverse range of clients throughout Florida. “Banks is excited to join the Atwell family,” Banks Engineering President Tom Lehnert says in the statement. “Banks Engineering and Atwell share similar values, and the merger will allow us to expand our services to better meet the needs of our clients and provide new opportunities for all of our team members. We look forward to supporting Atwell’s growth in Florida and the Southeast Region.”

Atwell has significantly expanded its geographic footprint through organic growth and strategic acquisitions over the past few years. Firms it recently acquired include Summit Engineering, based in Heber City, and Mead Gilman & Associates, a land surveying firm in Woodinville, Washington. Atwell has 1,800 employees nationwide. 

 

author

Mark Gordon

Mark Gordon is the managing editor of the Business Observer. He has worked for the Business Observer since 2005. He previously worked for newspapers and magazines in upstate New York, suburban Philadelphia and Jacksonville.

Latest News

Sponsored Content