Natick, MA (December 31, 2024) –  Baxter & Woodman, Inc. announces the acquisition of Florida-based engineering firm Tocoi Engineering, expanding their presence in Florida to include four locations. Effective January 1st, 2025, Tocoi Engineering will operate as Tocoi Engineering, a Baxter & Woodman company. 

Lou Haussmann, President of Baxter & Woodman, stated, “Both Baxter & Woodman and Tocoi Engineering share a passion for turning ideas into reality. This collaboration enhances the level of service and innovation we bring to our projects and strengthens our ability to meet the evolving needs of Florida communities.” 

Laura Mahoney, President and co-founder of Tocoi Engineering with John Mahoney, added, “The services our clients receive today and the staff they work with will remain the same. By joining Baxter & Woodman’s 400+ professionals, we can expand our reach to offer an even broader range of services, including GIS, structural, wastewater and water treatment, instrumentation and controls, trenchless technology, and transportation planning and design.” 

Baxter & Woodman operates four offices in Florida and thirteen additional locations throughout the United States, reinforcing their commitment to providing exceptional engineering services nationwide. 

For more details about this transaction click here

Morrissey Goodale, a specialized management consulting and research firm exclusively serving the architecture, engineering, and environmental consulting industries, advised McAdams in the transaction.

About Morrissey Goodale

Morrissey Goodale has helped hundreds of clients transform and grow their architecture, engineering, and environmental consulting companies into high-level performers through strategic business planning, mergers and acquisition advisory, valuation and ownership transition, market research, marketing and business development, leadership training and development, Lean Operation Strategies, organizational development and management, virtual reality solutions, and executive search. Morrissey Goodale’s team of M&A consultants assist throughout the M&A process, from preparing firms for a transaction to a successful integration. 

Morrissey Goodale’s extensive network of relationships with AE industry decision-makers around the globe uniquely qualifies the firm to identify the right buyers or sellers and guide AE firms through the complex merger or acquisition process, from conception to close.

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