M&A Activity Report for the week of 04/08/2024 – 04/14/2024

Apr 12, 2024

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:

4/2/2024
Middle-market private equity team, Morgan Stanley Capital Partners (New York, NY), at Morgan Stanley Investment Management (New York, NY), acquired tech-enabled services firm Resource Innovations (Half Moon Bay, CA), focused on energy efficiency and sustainability.
 Read More.

 

4/4/2024
California based architecture firm, Studio W Architects (San Jose, CA), acquired the architecture department of NorthStar (Chico, CA). 
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4/8/2024
Expanding professional services firm, The HFW Companies (St. Louis, MO) (ENR #281), entered a new strategic partnership with civil engineering firm, KFM Engineering & Design (Dallas, TX), 
Zweig Group advised The HFW Companies. Read More.

 

4/9/2024
Fast-growing industry leader, Verdantas (Dublin, OH) (ENR #149), acquired management and project coordination services firm, Project Navigator (Tustin, CA), with expertise at federal (CERCLA) and state superfund sites. 
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4/10/2024
In its second deal of the week, Verdantas (Dublin, OH) (ENR #149) acquired AE and environmental firm, CT Consultants (Mentor, OH) (ENR #339), with experience in the government, water, and transportation markets. 
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4/11/2024
Energy efficiency and sustainability solutions firm, Legence (San Jose, CA), acquired engineering, commissioning, and CM firm, P2S (Long Beach, CA) (ENR #308), serving the higher education, federal and municipal institutions, health care facilities, and data centers sectors.
 Read More.

 

4/11/2024
TranSystems (Kansas City, MO) (ENR #65), a transportation consulting firm acquired planning and design services firm, NCM Engineering (Rancho Santa Margarita, CA), specializing in transportation infrastructure improvement projects such as roads, highways, freeways, bridges, and related structures. 
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International Transactions:

4/4/2024
Engineering, utility, and land surveying services firm, Vision Survey (Crawley, UK), joined testing, inspection, certification, and compliance (TICC) group, Celnor Group (Reading, UK). 
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4/4/2024
Infrastructure, affordable housing, property, and telecommunication services firm, United Living Group (Swanley, UK), acquired EcoGenR8, which trades as AFECO (Waterlooville, UK), a specialist engineering services firm focused on the water, marine, and energy sectors. 
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4/8/2024
Civil engineering, drainage surveys, technology, and lighting services firm, Carnell Group (Penkridge, UK), expanded its capabilities in the highways sector and bridge and structure maintenance with the acquisition of Route One (Wakefield, UK). 
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4/9/2024
ENR’s #4 ranked global design firm, WSP (Montreal, Canada), entered into an agreement to acquire 1A Ingenieros (Valladolid, Spain), a firm with expertise in the areas of renewable energy, electricity distribution and transportation, sustainable mobility, the industrial sector, and the environment. Read More.

 

4/9/2024
Leading international design firm, SENER (Getxo, Spain) (ENR #63), has reached an agreement with NTT Data (Tokyo, Japan) to purchase SCR (Madrid, Spain), a firm specializing in the design, production, and operation of high-performance unmanned aerial, land, and naval systems. 
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4/9/2024
Ayrton Group (Cork, Ireland) a safety and risk management firm, expanded its services into the UK through the acquisition of consulting engineering company Peter Deer & Associates (London, UK). 
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About Zweig Group

Zweig Group, three times on the Inc. 500/5000 list, is the industry leader and premiere authority in AEC firm management and marketing, the go-to source for data and research, and the leading provider of customized learning and training. Zweig Group exists to help AEC firms succeed in a complicated and challenging marketplace through services that include: Mergers & Acquisitions, Strategic Planning, Valuation, Executive Search, Board of Director Services, Ownership Transition, Marketing & Branding, and Business Development Training. The firm has offices in Dallas and Fayetteville, Arkansas.