DCN ARCHIVES

September 2, 2010

Genivar acquires engineering firm Pryde Schropp McComb

Genivar Income Fund said Thursday it has acquired Pryde Schropp McComb Inc., an Ontario-based firm specializing in engineering, project management, planning and software solutions for the aviation industry.

Financial terms of the deal were not disclosed.

“Genivar is now positioned as a strategic partner of choice for aviation sector clients,” the company said in a news release.

Founded in 2001, PSMI has more than 40 employees, including licensed professional engineers, airport planners, design/GIS technologists, computer-assisted drafting technicians, programmers, surveyors and administrative support staff.

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