Early Corporate History
The history of KCI can be traced to a small firm operating out of the basement of the co-founder’s Baltimore County, Maryland, home in 1955. By its second year, Matz Childs and Associates took up residence in a proper facility, only to change locations several times over the next decade in a succession of moves that paralleled its growth. In 1977, the recently renamed MCA was purchased, along with three other architectural and engineering firms, by industrial products conglomerate Walter Kidde & Company. The Kidde acquisitions merged into an engineering subsidiary that came to be known as Kidde Consultants Inc., or KCI. During the 1980s, KCI expanded throughout the Mid-Atlantic, opening new offices in Maryland, Delaware, Virginia and Pennsylvania.
In August 1987, Hanson Trust PLC of Great Britain, a manufacturing company with diversified holdings worldwide, purchased Kidde, the parent company. Soon thereafter, KCI initiated an employee buyout from Hanson, which was completed in December 1988. KCI became Maryland’s largest employee-owned company. In 1991, the official name was changed to KCI Technologies Inc. In 2008, the corporate headquarters moved to its present location in Sparks, Md.
In control of our own destiny since that time, KCI has been able to share its prosperity and success with all of our team. Over the years, our stock value has significantly outperformed both the S&P 500 and NASDAQ indices, turning some of our long-time staff members from entry-level employees into millionaires.
With revenues exceeding $205 million, Engineering News-Record has consistently placed KCI among the top consulting engineering firms in the country. Today, our roughly 1,400 employee owners operate out of more than 35 offices in dozens of states across the U.S. The timeline below highlights some of our amazing story since the 1988 buyout that redefined the firm.
|1988||On December 15, the employee owners of Kidde Consultants Inc. completed a leveraged buyout from parent company Hanson Trust PLC.|
|1989||Kidde forms its first company-wide employee committee.|
|1991||The firm’s name is officially changed to KCI Technologies Inc.|
|1993||KCI’s headquarters is consolidated from four buildings in Towson to a single multi-story office in Hunt Valley, Maryland.|
|1994||KCI pays off our $6 million buyout loan, celebrating with a burn the note party.|
|1995||Terry Neimeyer takes the helm as president.|
|1997||Subsidiary KCI Environmental Technologies and Construction begins building stream and restoration projects.|
|1997||KCI goes live on the Web with www.kci.com.|
|1999||Terry Neimeyer is promoted to Chief Executive Officer.|
|2000||KCI appoints Terry Neimeyer to serve as Chairman of the Board.|
|2004||KCI Convergent Technologies LLC begins offering outside and inside plant communications installation.|
|2005||New Sons and Daughters Scholarship Program gives four students a hand with college costs.|
|2006||Nate Beil is promoted to President, Terry Neimeyer remains CEO and Chairman.|
|2007||KCI creates a Resource Management Discipline to focus on natural and water resource restoration and remediation planning and design.|
|2008||A new growth strategy starts with acquisition of Jacobs Engineering.|
|2009||KCI moves its headquarters into a LEED Gold-certified green building in Sparks, Maryland.|
|2010||KCI acquires ASC geosciencies Inc.|
|2011||Companywide ISO certification documents the firm’s quality management system.|
|2012||KCI acquires Triplett King & Associates and ESPA Corp to move more heavily into South Carolina and Texas.|
|2013||Convergent Technologies becomes KCI Communications Infrastructure with an expanded focus.|
|2013||KCI acquires Summerall Land Surveying and KCE Engineering to expand technical capabilities in Maryland.|
|2013||Our team celebrate 25 years of employee ownership.|
|2014||The firm’s Resource Management Group launches the Blue Current blog.|
|2016||New Utilities Discipline consolidates power, SUE and utilities coordination capabilities.|
|2016||Major expansion plans lead to new offices throughout the Mid-West.|
|2016||KCI acquires RPM Transportation Consultants to expand capabilities in traffic engineering, transportation planning, roundabout and bicycle design.|