Acquisition broadens MWH Global offerings

BROOMFIELD – MWH Global, a Broomfield-based provider of consulting, engineering and construction services, will begin offering financial-management consulting services following its acquisition of StepWise Utility Advisors.

Englewood-based StepWise is a financial-management consulting firm that specializes in water and wastewater utilities. Terms of the acquisition were not disclosed.

“We’re always looking at opportunities to strengthen our service offerings, and StepWise Utility Advisors brings unparalleled, utility-focused financial consulting experience that will benefit new and current clients,´ said Alan Krause, president and chief executive of MWH.

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“Water and wastewater utilities are facing increased pressure to review rate structures and find balance between business needs and consumer expectations. By adding StepWise Utility Advisors to our team of experts, we can help utilities solve these financial challenges by offering proven processes and consulting services.”

StepWise Utility Advisors has served clients throughout the United States and Canada with a range of services that include financial planning and analysis, cost-of-service allocations, rate design, management consulting and utility valuation.

Jason Mumm will continue as president of  StepWise.