M&A Update > Cooper Carry expands in CO and NC; Seven other domestic deals
M&A Update: Cooper Carry expands in CO and NC; Seven other domestic deals
The AE industry’s weekly go-to source for the latest information on M&A deals and trends.
434 U.S. DEALS
LATEST 12 MONTHS
13%
652* GLOBAL DEALS
LATEST 12 MONTHS
11%
*Including U.S. deals
Percentages represent latest twelve months year-over-year increase or decrease in deal activity.
Featured Transaction
9/20/2023
National design firm Cooper Carry (Atlanta, GA) (ENR #221) expanded its office footprint to Colorado and North Carolina through the acquisition of 505Design (Boulder, CO), a multidisciplinary design and architecture firm that specializes in mixed-use developments, as well as retail-only and residential-only projects. Morrissey Goodale advised Cooper Carry in the transaction.
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Commentary & Insight
This week we report the 29th and 30th transactions in the Lone Star State this year. Texas and the Southern States continue to be at the epicenter of AE M&A activity! Journey to the middle of the action in Houston next month to learn about the latest industry trends and network with over 200 CEOs, M&A decision-makers, and investors at our Texas and Southern States M&A, Strategy, and Innovation Symposium. Reserve your spot by registering today.
Domestic Transactions
9/27/2023
Multidisciplinary infrastructure, environmental, energy, and real estate consulting firm Bowman Consulting Group (Reston, VA) (ENR #87) entered into a definitive purchase agreement to acquire Excellence Engineering (Tulsa, OK), a provider of engineering, procurement, project management, and automation services to clients in 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 land surveying company Strong Surveying (Bryan, TX). Link to details >
9/21/2023
Multi-discipline engineering design firm ESP Associates (Fort Mill, SC) (ENR #209) expanded its transportation, water resources, and public utilities services and capabilities through the acquisitions of CivilCorp (Victoria, TX) and Ditesco (Fort Collins, CO). Link to details >
9/25/2023
Property damage consulting firm YOUNG & Associates (Nashville, TN) acquired IN-Line Consulting (Woodstock, GA), a consulting firm specializing in property damage restoration and reconstruction recommendations for all phases of construction. Link to details >
9/21/2023
Milrose Consultants (New York, NY), a firm that provides municipal building compliance consulting solutions, acquired Project Expediters Consulting (Englishtown, NJ), a permit expediting firm serving commercial and mixed-use developments. Link to details >
9/21/2023
In its second deal of the week, Milrose Consultants (New York, NY) entered a strategic partnership with JM Zoning (New York, NY), a municipal permitting and zoning consulting firm with a focus on multi-family residential, new building development, and commercial-to-residential conversions. Link to details >
Global Transactions
9/26/2023
ENR’s #22 ranked global design firm, Sweco (Stockholm, Sweden), acquired Medins Havs och Vattenkonsulter (Mölnlycke, Sweden), an aquatic environmental consultant that focuses on surveys of watercourses, lakes, and seas. Link to details >
9/25/2023
Water management and civil engineering firm ADENCO (Perth, Australia) joined environmental consulting and services firm RSK Group (Helsby, UK). ADENCO will be part of RSK Australia. Link to details >
9/22/2023
Industry leader Benesch (Chicago, IL) (ENR #101) entered a new partnership with Infrastructure Data Solutions (Regina, Canada), a firm that offers infrastructure asset management optimization and decision analytics software.
9/21/2023
ENR’s #30 ranked global design firm, Egis (Guyancourt, France), signed an agreement to acquire Omada Rail Systems (Brisbane, Australia), a railway signaling project management and engineering services firm. Link to details >
9/21/2023
Eldridge, Brightstar Capital Partners, and Claure Group (New York, NY) signed a definitive agreement to acquire a majority stake of Ausenco (Brisbane, Australia) from Resource Capital Fund VI (Denver, CO). Link to details >
October 16-18, 2024 Houston, TX
Texas and the South M&A and Business Symposium
Over two-plus information-packed days, come together to discuss strategy, innovation, and M&A trends while networking with AE industry executives.
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