Continental Shelf Investment Capital Corporation (CSIC), the investment affiliate of Continental Shelf Associates, Inc. (CSA) has acquired the stock of Morgan & Eklund, Inc. (M&E), a hydrographic and land survey firm based in Wabasso, Florida.
Founded in 1985, M&E has become one of the leaders in hydrographic surveying in Florida providing boundary, topographic, GPS and hydrographic survey services. M&E’s clients include private sector companies together with federal, state and local governmental agencies working on critical infrastructure construction and water management projects across Florida.
Founded in 1970 and headquartered in Stuart, Florida, the CSA group of companies also includes CSA Ocean Sciences, Inc. (CSAOS), a leading marine environmental consulting firm that specializes in multidisciplinary projects concerning potential environmental impacts of activities throughout the world and offers a wide variety of field survey and desktop services.
Kevin Peterson, Chairman and CEO of CSIC said, “Adding the capabilities of M&E to the CSA family allows us to offer a comprehensive package of environmental and hydrographic survey services to help our clients plan and successfully execute their coastal infrastructure projects while meeting applicable regulations.”
“We are thrilled to be able to join forces with CSA,” said John Morgan, President of M&E. “CSA’s well-established reputation for scientific integrity and objectivity fits well with M&E’s business philosophy and is a great foundation for our strategy for growth across Florida and the Southeastern US.”
In addition to its Stuart headquarters, CSA also operates offices in Tampa; Houston; Houma, Louisiana; Salinas, California; Port-of-Spain, Trinidad; Doha, Qatar; Rio de Janeiro, Brazil and Perth, Australia. M&E currently has its headquarters in Wabasso and offices in Miami and Deerfield Beach, Florida.