CJS Securities initiated coverage of Atlas Technical Consultants with a rating of Market Outperform

Johnson Rice initiated coverage of Atlas Technical Consultants with a rating of Buy and set a new price target of $13.00

- 19% Full Year Adjusted EBITDA Growth - - 7% Full Year Organic Revenue Growth - - Acquisition by GI Partners for $12.25 per share remains on track to close in Second Quarter 2023 - AUSTIN, Texas, March 16, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading infrastructure and environmental services provider, announced today results for the fourth quarter and full year ended December 30, 2022. Fourth Quarter 2022 Highlights:(all comparisons versus the prior-year period unless otherwise noted) Gross revenue grew 4% to $151.0 mill

- Record Quarterly Revenue, Adjusted EBITDA, and Backlog - Each with Double-Digit Growth Year -Over-Year – - Record Adjusted EBITDA Margin Highlights Strong Execution and Benefits of Growing Scale - - Reaffirming the Midpoint and Narrowing 2022 Revenue and Adjusted EBITDA Outlook Ranges - AUSTIN, Texas, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading infrastructure and environmental services provider, announced today results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights:(all comparisons versus the prior-year period unless otherwise noted) Gross revenue grew 17% to $162.1

AUSTIN, Texas, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that the Company will release its third quarter 2022 financial results after the market closes on Tuesday, November 8, 2022. A webcast and conference call will be held on Wednesday, November 9, 2022, at 9:00 a.m. Eastern time (8:00 a.m. Central time) to review the Company's third quarter results, discuss recent events and conduct a question-and-answer session. To participate in the live teleconference on November 9, 2022:Domestic Live: (877) 300-8521International Live: (412) 317-6026Web

- Record Revenue, Adjusted EBITDA, and Backlog in the Quarter, with Each Growing Double-Digits Year-Over-Year – - Highest Gross Margin, Excluding Subcontractor Costs, In Company History - - Reaffirms 2022 Outlook for Double-Digit Revenue and Adjusted EBITDA Growth - AUSTIN, Texas, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading infrastructure and environmental services provider, announced today results for the second quarter ended July 1, 2022. Second Quarter 2022 Highlights:(all comparisons versus the prior-year period unless otherwise noted) Gross revenue grew 19.0% to $156.5 million. Revenue, excluding subcontr

AUSTIN, Texas, July 26, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that the Company will release its second quarter 2022 financial results after the market closes on Tuesday, August 9, 2022. A webcast and conference call will be held on Wednesday, August 10, 2022, at 9:00 a.m. Eastern time (8:00 a.m. Central time) to review the Company's second quarter results, discuss recent events and conduct a question-and-answer session. To participate in the live teleconference on August 10, 2022:Domestic Live: (877) 300-8521International Live: (412) 317-6026Web lin

- Strong Start to 2022 with 10% Revenue Growth, 13% Adjusted EBITDA Growth, and Record Backlog - - Completed Strategic Acquisitions of TranSmart Technologies and 1 Alliance Geomatics - - Reaffirms 2022 Outlook for Revenue and Adjusted EBITDA - AUSTIN, Texas, May 10, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading infrastructure and environmental services provider, announced today results for the first quarter ended April 1, 2022. First Quarter 2022 Highlights:(all comparisons versus the prior-year period unless otherwise noted) Gross revenue grew 9.7% to $135.2 million, driven by 6% organic growth and the contribution from

AUSTIN, Texas, April 26, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that the Company will release its first quarter 2022 financial results after the market closes on Tuesday, May 10, 2022. A webcast and conference call will be held on Wednesday, May 11, 2022, at 9:00 a.m. Eastern time (8:00 a.m. Central time) to review the Company's first quarter results, discuss recent events and conduct a question-and-answer session. To participate in the live teleconference on May 11, 2022:Domestic Live: (877) 407-9716International Live: (201) 493-6779Web link: Click

AUSTIN, Texas, March 21, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that it has acquired 1 Alliance Geomatics, LLC ("1 Alliance"), a provider of geospatial services to transportation and water resources markets in the Pacific Northwest. With over 70 employees, 1 Alliance utilizes the latest in geomatics technology, including 3D laser scanning and drones, to provide high quality and accurate data-driven solutions to its customers throughout the project lifecycle. "The acquisition of 1 Alliance adds another highly technical service to the Atlas portfolio t

- Record Quarter with Revenues and Adjusted EBITDA Increasing 15.5% and 33.9% Year over Year, respectively - - Record $808 Million Backlog Fueled by Major Infrastructure and Environmental Contract Awards - - Positioned for Revenue and Profitability Growth in 2022 from Major Project Wins, Strong Market Tailwinds, and a Robust M&A Pipeline - AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading infrastructure and environmental services provider, announced today results for the fourth quarter ended December 31, 2021. Fourth Quarter 2021 Highlights:(all comparisons versus the prior-year period unless otherwis

AUSTIN, Texas, March 15, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that it has acquired TranSmart Technologies, Inc. ("TranSmart") a transportation engineering technology leader in Intelligent Transportation Systems (ITS), Connected and Autonomous Vehicles (CAV), electrical and traffic engineering, and other transportation engineering services. With over 100 employees, TranSmart has successfully integrated their innovative technology practice, including ITS and CAV, with their reputable civil, structural, and multimodal engineering disciplines to create

AUSTIN, Texas, April 19, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants (Atlas), a leading provider of infrastructure and environmental solutions, today announced the completion of its acquisition by GI Partners, a private investment firm, in an all-cash transaction valued at approximately $1.05 billion, including outstanding debt. The agreement to be acquired was previously announced on January 31, 2023 and approved by Atlas stockholders at Atlas' Special Meeting of Stockholders held on March 29, 2023. With the completion of the transaction, Atlas stockholders will receive $12.25 per share in cash for each share of Atlas common stock they owned, which represents a premium of approx

- 19% Full Year Adjusted EBITDA Growth - - 7% Full Year Organic Revenue Growth - - Acquisition by GI Partners for $12.25 per share remains on track to close in Second Quarter 2023 - AUSTIN, Texas, March 16, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading infrastructure and environmental services provider, announced today results for the fourth quarter and full year ended December 30, 2022. Fourth Quarter 2022 Highlights:(all comparisons versus the prior-year period unless otherwise noted) Gross revenue grew 4% to $151.0 mill

AUSTIN, Texas, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced that it has been awarded a program management services contract by the East Baton Rouge Parish Recreation and Parks Commission (BREC), the agency that manages parks and recreational facilities in East Baton Rouge Parish, Louisiana, to provide project management services on capital improvement projects with a total construction value of roughly $100 million. Atlas' portion of the contract has an initial value of approximately $6 million with a three-year term and the option for two, two-year exte

Follows Successful Execution of Bernhard Capital's Blueprint Investment Approach BATON ROUGE, La., Jan. 31, 2023 /PRNewswire/ -- Bernhard Capital Partners ("Bernhard Capital" or "BCP"), an infrastructure and services-focused private equity management firm, announced today that BCP Fund I portfolio company Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading provider of infrastructure and environmental solutions, has entered into a definitive agreement to be acquired by private investment firm GI Partners in an all-cash transaction valued at approximately $1.05 billion, including outstanding debt. Under the terms of the transaction, Atlas shareholders will rec

AUSTIN, Texas, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading provider of infrastructure and environmental solutions, today announced that it has entered into a definitive agreement to be acquired by private investment firm GI Partners in an all-cash transaction valued at approximately $1.05 billion, including outstanding debt. Under the terms of the transaction, Atlas shareholders will receive $12.25 per share in cash, which represents a premium of approximately 124% over the Company's unaffected closing share price of $5.47 on January 30, 2023. Upon completion of the transaction, Atlas' shares will no longer trade

AUSTIN, Texas, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced that it has been awarded a three-year, $21 million contract extension to provide Construction Materials Testing (CMT) on the Spent Fuel Handling Recapitalization Project at the Naval Nuclear Laboratory. Under the contract with Fluor Marine Propulsion, LLC, which manages the Naval Nuclear Laboratory, Atlas is designated as the Independent Testing Agency ensuring that concrete materials used at the site meet proper Nuclear Quality Assurance (NQA-1) standards. Atlas engineers and technical sta

AUSTIN, Texas, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that it was selected by the Georgia Department of Transportation's (GDOT) Railroad Safety Program to provide Engineering & Design and Environmental services related to rail crossings owned by one of the largest Class 1 rail operators in the state. The contract has a maximum value of $15 million with an initial term of three years, and an option for a two-year extension. GDOT's Railroad Safety Program mission is to identify, reduce and eliminate hazards at at-grade railroad crossings throu

AUSTIN, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental services provider, announced that L. Joe Boyer, Chief Executive Officer, and Jonathan Parnell, Chief Strategy Officer will participate in the CJS Securities 23rd Annual New Ideas for the New Year Conference, which is being held virtually, on Wednesday, January 11, 2023. Atlas's presentation at the event will begin at 3:05 PM Eastern time. The live presentation can be accessed here or through the Company's Investor Relations website at ir.oneatlas.com. About Atlas Technical ConsultantsHeadquartered in Austin, Texas, Atl

As part of the AECOM-led joint venture, Atlas will provide quality management for the California High-Speed Rail Project Atlas to book approximately $65 million to backlog in fourth quarter 2022 AUSTIN, Texas, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that it is a member of the joint venture team that was selected to provide program delivery support for the California High-Speed Rail project. The joint venture, led by AECOM, includes Atlas, other partners and 26 small businesses, disadvantaged business enterprises, and disabled veteran busines

AUSTIN, Texas, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (NASDAQ:ATCX) ("Atlas" or the "Company"), a leading Infrastructure and Environmental solutions provider, announced today that it was awarded a $5 million contract to provide Environmental and Quality Assurance Services to the Washington State Department of Transportation. Atlas' technical staff will support WSDOT in its efforts to remove fish barriers and improve fish migration patterns in streams and rivers across the state. Following a Federal culvert injunction, initially issued in 2013, Washington state has been working to remove culverts in areas where highways and roads cross streams and rivers. Atlas