P R O F I L E
Dependable: Doug Jaeger President and CEO Ulteig (Fargo, ND), an employee-owned engineering consulting firm with locations in North Dakota, South Dakota, Minnesota, Colorado, Montana, and Iowa.
By LIISA ANDREASSEN Correspondent
U lteig, founded in 1944, delivers comprehensive engineering/design, program management, technical services and field services across the Lifeline Sectors® of power, renewables, transportation, and water. Ulteig leverages its expertise throughout the country with a wide range of public and private clients. Jaeger is responsible for driving a strategic vision forward and for promoting company growth. “We are a 100 percent employee-owned company and that means that I, and the rest of Ulteig leadership, have a responsibility to be as transparent as possible about finances, strategies, and results,” Jaeger says. “We survey our workforce often, and I’m proud to say that our transparency always gets high marks.” A CONVERSATION WITH DOUG JAEGER. The Zweig Letter: I see that Ulteig recently acquired Pacific Power Engineers. Tell me a little about that. What was the impetus? How did the acquisition go?
Challenges? What were some of the most important criteria for acquisition? Culture? Services? Doug Jaeger: Our goal was to advance the steps of our accelerated growth plan; M&A was just one tool to leverage. Pacific Power Engineers is a well-established and renowned power systems engineering firm in Sacramento, California. With the acquisition of PPE, we addressed three of our key strategies in one place: 1) We added expertise in services we didn’t have. 2) We added capacity to our current service offerings, and 3) We expanded our geographic reach and service area. A top priority was finding an organization with a strong cultural fit too. As we evaluated PPE, it became clear that our two companies’ core values and cultural beliefs were exceptionally compatible. The transition has gone smoothly, and I’m convinced it’s because of a well-executed integration plan and our shared commitment to client service and talented employees.
THE ZWEIG LETTER AUG
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