M&A Update: Featured transaction in TX; Thirteen other domestic deals

Commentary & Insight

Texas and the South continue to be the hottest region for M&A. Learn all about the latest M&A trends and deal prices while networking with over 200 AE industry executives and investors at the Texas and Southern States M&A, Strategy, and Innovation Symposium this October at the Post Oak Hotel at Uptown Houston. Register today, as early bird registration is available only until the end of July. 

Domestic Transactions

7/7/2023 
Employee-owned industry leader Terracon (Olathe, KS) (ENR #20) acquired engineering and environmental services firm Pollution Management (Little Rock, AR). Link to details > 

7/11/2023 
Fast-growing engineering and consulting firm Universal Engineering Services (UES) (Orlando, FL) (ENR #36) acquired GEO Solutions (Huntsville, AL), a full-service geotechnical engineering, environmental consulting, and materials testing firm.

7/7/2023 
Dunaway (Fort Worth, TX), a civil and structural engineering, planning, landscape architecture, and environmental firm, acquired civil and structural engineering firm BEC Engineers and Consultants (Houston, TX). Link to details > 

7/13/2023 
Sustainable infrastructure engineering, planning, and environmental science services firm Verdantas (Dublin, OH) (ENR #149) acquired Clemson Engineering Hydraulics (Anderson, SC), a physical hydraulic modeling services firm with experience in water and wastewater, power generation, flood control, and industrial/manufacturing cooling applications. Link to details > 

7/13/2023 
The Vertex Companies (Weymouth, MA) (ENR #335), a forensic consulting, engineering design, CM, environmental, and digital solutions firm, acquired Breakwater Forensics (Chicago, IL), an expert witness and business consulting firm. Link to details > 

7/13/2023 
Architecture, planning, and interior design firm JCJ Architecture (Hartford, CT) acquired Group One Partners (Boston, MA), an architecture and interior design firm. Link to details > 

7/10/2023 
Multidisciplinary firm MSA Professional Services (Baraboo, WI) (ENR #312) acquired Fredericksen Engineering (Mequon, WI), a firm that offers HVAC engineering design to architects, municipalities, county governments, school districts, and public and private business owners. Link to details > 

7/10/2023 
Planning and architectural design firm BHH Architecture (Perham, MN) merged with architecture, engineering, environmental, and surveying firm Widseth (Baxter, MN). Link to details > 

7/5/2023 
Fibersmith (Blooming Prairie, MN), an engineering, fiber network design, and software services firm serving the telecommunications market, acquired civil and structural engineering firm Ahneman Kirby (Riverside, CT).

7/12/2023 
The SOCOTEC Group (Yvelines, France) acquired DSS Condo (Miami, FL), an owners’ representative and advisory firm providing construction management and project management services. Link to details > 

7/6/2023 
Western States Reclamation (Frederick, CO), an environmental, stormwater management, land reclamation and restoration, and heavy civil services firm, acquired engineering and ecological science firm Ecological Resource Consultants (Lakewood, CO). Link to details > 

7/12/2023 
The Next Idea Group (Los Angeles, CA) acquired James Heimler, Architect (Woodland Hills, CA), and formed the new firm TNI Architects (Woodland Hills, CA). TNI Architects focuses on architecture and design services with an emphasis on sustainability, sustainable materials, design innovation, and technology integration. Link to details > 

7/5/2023 
Control Point Associates (Warren, NJ), a land surveying, geospatial, and consulting services firm, acquired McLaughlin Engineering (Fort Lauderdale, FL), an engineering, surveying, and land planning firm. Link to details > 

 

Global Transactions

7/5/2023 
ENR’s #16 ranked global design firm, Sweco (Stockholm, Sweden), entered into a share purchase agreement with FPC Risk (Antwerp, Belgium), a fire protection consulting firm serving markets such as ports, industrial, infrastructure, architecture, buildings, pharma, and energy. Link to details > 

7/5/2023 
ENR’s #21 ranked construction management-for-fee firm, Turner & Townsend (Leeds, UK), acquired Cavalieri & Associates (Mississauga, Canada), a project and program management firm. Link to details > 

7/7/2023 
ENR’s #47 ranked international design firm, SYSTRA (Paris, France), reached an agreement to acquire the Swedish, Danish, and Norwegian entities of Atkins (Stockholm, Sweden). The engineering business units specialize in infrastructure design, project management, and rail verification services. Link to details > 

7/12/2023 
Global quality assurance and risk management company DNV (Oslo, Norway) acquired environmental firm Enviroguide Consulting (Dublin, Ireland). Link to details > 

7/11/2023 
Private investment platform CAPZA (Paris, France) entered exclusive negotiations with the shareholders of NEO2 (Levallois-Perret, France), an engineering consulting firm specializing in industrial site design, development, maintenance, and optimization. Link to details >