M&A Update > Atwell acquires Manhard Consulting; additional transactions in OR, CA, and NY
Atwell acquires Manhard Consulting; additional transactions in OR, CA, and NY
The AE industry’s weekly go-to source for the latest information on M&A deals and trends

472 U.S. DEALS
LATEST 12 MONTHS

0%
768* GLOBAL DEALS
LATEST 12 MONTHS

8%
*Including U.S. deals
Percentages represent latest twelve months year-over-year increase or decrease in deal activity.
Featured Transactions
8/26/2025
Fast-growing industry leader and one of our Ten Movers and Shakers to Watch in 2025, Atwell (Southfield, MI) (ENR #70), acquired Manhard Consulting (Lincolnshire, IL) (ENR #329), a nearly 400-person engineering and surveying firm. This transaction marks the largest acquisition in Atwell’s 120-year history and significantly expands the firm’s national capabilities in land development and energy markets. Morrissey Goodale initiated the transaction and advised Atwell. Learn more >
Commentary & Insight
It was a big week for Atwell! The fast-growing firm announced the acquisition of Manhard Consulting, a nationally recognized firm with hundreds of employees across 14 offices. We were privileged to have initiated the transaction and served as Atwell’s advisor in this landmark deal.
If you’re planning to acquire, sell, merge, or recapitalize in 2025, join over 200 industry executives, investors, and experts at the Texas and the South M&A and Business Symposium at the five-star Post Oak Hotel at Uptown Houston. Register today to secure your spot!
Domestic Transactions
8/25/2025
Industry leader and past recipient of the Best M&A Post-Transaction Performance Award, TRC Companies (Windsor, CT) (ENR #17), a global professional services firm providing integrated strategy, consulting, engineering, and applied technologies, acquired Strategic Energy Group (Portland, OR), an expert in strategic energy management (SEM). Link to details >
8/25/2025
Milrose Consultants (New York, NY), a firm that offers building regulatory, code compliance, permitting fulfillment, and consulting solutions, acquired Borne Consulting (San Francisco, CA), an architecture and engineering firm specializing in building envelope solutions. Link to details >
8/22/2025
LaBella Associates (Rochester, NY) (ENR #123), an architecture, engineering, environmental, and planning firm, acquired Environmental Assessment & Remediations (EAR) (Patchogue, NY), a hydrologic and environmental consulting firm. Link to details >
Global Transactions
8/26/2025
Phenna Group (Nottingham, UK), a family of businesses providing testing, inspection, certification, and compliance (TICC) services, acquired ISGroup (Perth, Australia), a firm that offers geospatial and surveying services. Link to details >
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