Abt Associates acquires environmental, natural resources firm

Abt Associates has acquired Stratus Consulting, expanding Abt’s environmental expertise and diversifying its client base. Financial terms were not disclosed.

Boulder, Colo.-based Stratus Consulting will bring its federal, state, tribal and international government agency clients to Abt, integrating itself into Abt to form a new Environment and Natural Resources division.

The division will be led by former Stratus president and CEO Joshua Lipton, who will report to Abt executive vice president and chief business officer Jay Knott. Mike Conti, who has led Abt's environmental practice, will be chief operating officer for the division, the company said in a release.

“Combining with Stratus allows us to diversify our client roster and expand our environmental and ecological sciences capabilities. This merger of dedicated talent creates new opportunities for the growth of our environment and climate change portfolio,” Knott said.