M&A Update > deal flow continues with eleven transactions this week
Deal flow continues with eleven transactions this week
The AE industry’s weekly go-to source for the latest information on M&A deals and trends
480 U.S. DEALS
LATEST 12 MONTHS

2%
750* GLOBAL DEALS
LATEST 12 MONTHS

5%
*Including U.S. deals
Percentages represent latest twelve months year-over-year increase or decrease in deal activity.
Commentary & Insight
This week’s M&A activity reflected steady momentum, with nine domestic transactions reported across NC, MI, ME, GA, TN, MS, NJ, and OH. Internationally, two deals were announced in Canada and Lebanon, highlighting continued cross‑border interest alongside active U.S. market participation.
Domestic Transactions
4/27/2026
Fusion Capital Partners (Los Angeles, CA) acquired AQUALIS (Morrisville, NC), a sustainable water management firm, from DFW Capital Partners (Teaneck, NJ). Link to details >
4/28/2026
Design, architecture, engineering, and planning firm HOK (St. Louis, MO) (ENR #46) acquired ROSSETTI (Detroit, MI), an architecture firm recognized for its sports venue design and renovation work. Link to details >
4/28/2026
ABM Mechanical (Bangor, ME), a mechanical systems contractor, acquired the Building Information Modeling (BIM) division of Haley Ward (Bangor, ME) (ENR #394), an employee-owned engineering, environmental, and surveying consulting firm. Link to details >
4/29/2026
Arlington Capital Partners (Bethesda, MD) acquired ENERCON (Kennesaw, GA) (ENR #81), an engineering firm focused on nuclear and other highly regulated power end markets, from funds managed by Oaktree Capital Management (Los Angeles, CA). As part of this transaction, ENERCON will merge with Pond & Company (Peachtree Corners, GA) (ENR #133), a full-service design and engineering firm services to the federal government and customers across the energy industry. Link to details >
4/29/2026
MEP firm Engineering Resource Group (Flowood, MS) acquired Haltom Engineering (Memphis, TN), a firm that offers MEP and fire protection services with experience in high-performance and net-zero building systems. Link to details >
4/29/2026
L&M Group (Minneapolis, MN), a group of firms focused on architectural, design, and PM services, invested in Allred Architectural Group (Ocean Springs, MS), an architecture and design firm. Link to details >
4/29/2026
PS&S (Warren, NJ) (ENR #347), a full-service architecture, engineering, design, surveying, and environmental firm, entered into an employee and practice transfer agreement with Marathon Engineering (Swedesboro, NJ), a civil engineering, environmental, and site development firm. Link to details >
5/1/2026
Industry leader and recipient of the 2023 Most Prolific and Proficient Acquirer Award, IMEG Corp. (Rock Island, IL) (ENR #48), acquired AGM Energy Services (Twinsburg, OH), a firm that specializes in commissioning, master systems integration, and criteria engineering, and Palmer Conservation Consulting (Toledo, OH), an energy management firm. Link to details >
Global Transactions
4/27/2026
Civil, structural, environmental, and geotechnical engineering MTE Consultants (Kitchener, Canada) acquired WMI & Associates (Barrie, Canada), a civil engineering consulting firm with a strong focus on land development and municipal infrastructure projects. Link to details >
4/28/2026
Consertus (Miami, FL), a global capital program management and advisory firm and one of our Ten Movers and Shakers to Watch in 2026, acquired Laceco (Beirut, Lebanon), an architecture, engineering, and planning firm. Link to details >

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