M&A Activity Report (9/18/2023 - 10/8/2023)

Oct 10, 2023

Zweig Group is the leading AEC Industry advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team here.

 

Domestic Transactions:

10/4/2023

HGA (Minneapolis, MN), an interdisciplinary design firm, acquired brick. (Oakland, CA), an architecture firm. Link to Details.

 

10/5/2023

Geotechnical, dam, and tunnel engineering services specialist Schnabel Engineering (Glen Allen, VA) acquired tunnel engineering firm JCK Underground (Boston, MA). Link to Details.

 

10/3/2023

Consulting, engineering, and construction services firm Atwell (Southfield, MI) acquired civil engineering and land surveying firm Summit Engineering Group (Heber City, UT). Link to Details.

 

10/2/2023

MEP, fire protection, and low voltage engineering firm Giovanetti Shulman Associates Consulting Engineers (Broomall, PA) joined engineering design firm IMEG Corp. (Rock Island, IL). Link to Details.

 

10/3/2023

HED (Southfield, MI), an architecture, engineering, and planning firm, announced a strategic partnership with Larson Incitti Architects (Denver, CO), an architecture firm specializing in the community and PreK-12 markets. Link to Details.

 

10/3/2023

Short Elliott Hendrickson (SEH) (St. Paul, MN), an engineering and architecture firm, announced its acquisition of assets from RAM USA (Brunswick, OH), a multidisciplinary firm that specializes in non-destructive detection, investigation, and resolution of water intrusions. Link to Details.

 

9/29/2023

Integra Testing Services (Mentor, OH), a firm that provides certified testing, adjusting, and balancing (TAB) and other similar facility testing services for the commercial HVAC market, acquired J.F. Coffey Associates (Duxbury, MA) and American Test and Balance (Norwell, MA), firms that provide TAB, HVAC building systems commissioning, and sound and vibration testing services. Link to Details.

 

10/2/2023

Infrastructure maintenance, rehabilitation, and technology-enabled water solutions provider Aegion (St. Louis, MO) acquired assessment, maintenance, and trenchless services provider 11 Enviro Group (Brooklyn, NY). Link to Details.

 

10/3/2023

Consulting firm J.S. Held (Jericho, NY) acquired collision analysis and safety solutions provider TransCon CSI (Annapolis, MD). Link to Details.

 

9/27/2023

Bowman Consulting Group (Reston, VA), an engineering services firm, entered into a definitive purchase agreement to acquire Excellence Engineering (Tulsa, OK), a full-service engineering, procurement, project management, and automation services provider to the petrochemical, hydrogen, industrial, and electric vehicle industries. Link to Details.

 

9/26/2023

Baseline | DCCM (Houston, TX), a wholly owned subsidiary of Binkley & Barfield | DCCM (Houston, TX), acquired Strong Surveying (Bryan, TX), a land surveying firm. Link to Details.

 

9/21/2023

ESP Associates (Fort Mill, SC), a multidisciplinary engineering design and consulting firm, acquired CivilCorp (Victoria, TX), a full-service engineering, geospatial, and inspection firm, and Ditesco (Fort Collins, CO), a civil engineering and program, project, and construction management firm. Link to Details.

 

9/25/2023

YOUNG & Associates (Nashville, TN), a property consulting firm that provides building damage assessments and forensic and investigative consulting services, acquired IN-Line Consulting (Woodstock, GA), a construction consulting firm that specializes in property damage restoration and reconstruction recommendations. Link to Details.

 

9/21/2023

Building code compliance, fulfillment, and consulting solutions provider Milrose Consultants (New York, NY) acquired Project Expediters Consulting (Englishtown, NJ), a permit expediting firm. Link to Details.

 

9/21/2023

In its second transaction of the week, Milrose Consultants (New York, NY) announced a strategic partnership with municipal permitting and zoning consulting firm JM Zoning (New York, NY). Link to Details.

9/20/2023

Middle-market private equity firm GHK Capital Partners (Greenwich, CT) acquired infrastructure engineering consulting firm WSB & Associates (Minneapolis, MN). Link to Details.

 

9/20/2023

Along with its WSB acquisition, GHK (Greenwich, CT) acquired transportation infrastructure engineering consulting firm EST (Oklahoma City, OK). EST will operate under the WSB banner as part of a leading platform that provides full-service engineering solutions. Link to Details.

 

9/20/2023

Tunnel and trenchless design and construction specialist engineering firm Lithos Engineering (Denver, CO) joined consulting engineering and environmental firm GEI Consultants (Woburn, MA). Link to Details.

 

9/21/2023

Engineering and consulting services provider Pape-Dawson Engineers (San Antonio, TX) formed a strategic partnership with land planning, civil engineering, and development services firm Poulos & Bennett (Orlando, FL). Link to Details.

 

9/20/2023

PRIME AE Group (Baltimore, MD), a multidisciplinary engineering and architecture firm, acquired Jacobi, Toombs & Lanz (New Albany, IN), an integrated engineering, surveying, and construction services firm. Link to Details.

 

9/20/2023

Architecture firm Cooper Carry (Atlanta, GA) acquired design and architecture firm 505Design (Boulder, CO). Link to Details.

 

9/19/2023

RMA Group (Rancho Cucamonga, CA), a technology-enabled laboratory testing, inspection, and quality management services provider, acquired A3GEO (Berkeley, CA, a geotechnical, geologic, and seismic consulting services provider. Link to Details.

 

9/19/2023

Lindsay Goldberg (New York, NY), a private investment firm, acquired Kleinfelder (San Diego, CA), an engineering, design, construction management, construction materials inspection and testing, and environmental professional services firm. Link to Details.

 

9/18/2023

Non-gaming economic development firm of the Nottawaseppi Huron Band of the Potawatomi Waséyabek Development Company (Grand Rapids, MI) became the majority owner of environmental engineering, consulting, and remediation firm BLDI (Grand Rapids, MI). Link to Details.

 

9/18/2023

Full-service civil engineering firm Horrocks (Pleasant Grove, UT) announced a strategic partnership with infrastructure consulting businesses family Trilon Group (Denver, CO). Link to Details.

 

9/13/2023

Paul Bentley Architect (Roseburg, OR) merged with Richard Barbis Architect (Portland, OR). The combined architecture firms will form Barbis Bentley Architects. Link to Details.

 

Global Transactions:

 

10/2/2023

SLR (Aylesbury, UK), a sustainability consulting firm, entered into an agreement to acquire Palmer Environmental Consulting Group (Vancouver, Canada), an environmental consulting firm. Link to Details.

 

10/3/2023

RSK Group (Helsby, UK), an environmental consulting and services firm, acquired RJT Excavations (Jedburgh, UK), a civil engineering and bulk earthworks contractor. Link to Details.

 

10/4/2023

Spatial services provider SEAM Spatial (Bongaree, Australia) announced a strategic merger with cadastral, civil, and mining surveying firm Survey and Drafting Resources (Singleton, Australia) and full-service land surveying, geomatics, and mapping and data firm LW Survey Australia (Moffat Beach, Australia), creating one of the largest surveying companies in Australia. Link to Details.

 

9/29/2023

Norconsult (Sandvika, Norway), a multidisciplinary engineering and design consulting firm, acquired the Danish Zealand branch of Franck Miljø- og Geoteknik A/S (Smørum, Denmark), a consulting engineering firm that provides geotechnical solutions and soil drilling. Link to Details.

 

9/29/2023

Rejlers (Stockholm, Sweden), an engineering consulting firm, acquired Karl Knudsen AS (Trondheim, Norway), a building and civil engineering, project management, and design firm. Link to Details.

 

9/29/2023

Energy Capital Group (Riyadh, Saudi Arabia), an investment company, acquired MENA Industrial Services Company (AI Khobar, Saudi Arabia), a technical and engineering services firm for several markets, including oil and gas, power and water, and petrochemicals. Link to Details.

 

9/28/2023

General quantity surveying, insurance specialist services, and expert witness services firm Roberts International Consultants (Rothwell, Australia) joined fire forensics and forensics engineering firm Halliwell (Campbelltown, Australia). Link to Details.

 

9/19/2023

Enhancing its presence and strength in the rail sector, RSK Group (Helsby, UK), an environmental consulting and services firm, acquired Global Infrastructure Group (Hatfield, UK), an engineering and rail infrastructure company. Link to Details.

 

9/26/2023

Sweco (Stockholm, Sweden), an engineering and architectural firm, signed an agreement to acquire Medins Hav och Vattenkonsulter (Mölnlycke, Sweden), an aquatic environmental consulting firm that specializes in waterways, lakes, and seas surveying. Link to Details.

 

9/25/2023

Environmental consulting and services firm RSK Group (Helsby, UK) acquired water management and civil engineering firm ADENCO (Perth, Australia). Link to Details.

 

9/22/2023

Infrastructure asset management optimization and decision-making analytics software firm Infrastructure Data Solutions (Regina, Canada) announced a strategic partnership with multidisciplinary professional services firm Benesch (Chicago, IL). Link to Details.

 

9/21/2023

Egis (Guyancourt, France), a design firm, signed an agreement to acquire Omada Rail Systems (Brisbane, Australia), a railway signaling project management and engineering services provider for the Australian rail market. Link to Details.

 

9/21/2023

Eldridge (Greenwich, CT), Brightstar Capital Partners (New York, NY), and Claure Group (Miami, FL) signed a definitive agreement to acquire a majority stake in Ausenco (Brisbane, Australia), an integrated engineering and consulting services provider to the minerals and metals and energy transition markets, from Resource Capital Fund VI (Denver, CO) and other co-investors. Link to Details.

 

 

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