Featured transactions in Nevada, Texas, and Florida; Happy Holidays from Morrissey Goodale!

Commentary & Insight

This week we report on 11 domestic deals, as well as two global transactions. We continue to see consolidation in the Southeast with two new deals, including one of our featured deals in Florida.

Register before midnight to secure your early bird rate for the Southeast M&A and Business Symposium at the five-star Ritz-Carlton, South Beach in Miami, Florida.

The M&A Update will take a break next week for the holidays and will return in 2026.  Our entire team is thankful to have been privileged to facilitate over 60 transactions for our clients this year.  We hope everyone enjoys a restful and safe holiday season!

Domestic Transactions

12/16/2025
Industry leader, recipient of the 2023 Best Post-Transaction Performance Award, and one of our 10 Movers and Shakers to Watch in 2025, Salas O’Brien (Irvine, CA) (ENR #31) expanded its integrated design services via a strategic merger with Ross Bryan Associates (Nashville, TN), a structural design, restoration, investigation, and auditing firm. Link to details >

12/17/2025
Lerch Bates (Englewood, CO), a technical consulting firm specialized in the built environment, acquired StudioNYL (Denver, CO), a structural engineering and façade design firm. Link to details >

12/16/2025
Bluwatr (Toronto, Canada), a strategic growth platform for architecture and engineering firms, entered a strategic partnership with full-service architecture and interior design firm, LPAS Architecture + Design (Sacramento, CA), by acquiring a majority interest in the firm. Link to details >

12/16/2025
Global digital, cloud, and security services firm Accenture (Dublin, Ireland) signed an agreement to acquire a majority stake in AI data center engineering and consulting firm DLB Associates (Neptune, NJ). Link to details >

12/15/2025
Forensic consulting, engineering, and risk mitigation services firm YA Group (St. Louis, MO) acquired J.M Reagan Consulting (Magnolia, TX), a multidisciplinary consulting business specializing in property damage consulting and construction claims. Link to details >

12/15/2025
ENR’s #59 ranked environmental firm, Apex Companies (Rockville, MD), acquired AquaWorks DBO (Denver, CO), a civil and environmental engineering firm. Link to details >

12/9/2025
Climate and environmental engineering firm RWDI (Guelph, Canada) announced the addition of Wilson Ihrig (Emeryville, CA), a firm specializing in acoustics and vibration consulting. Link to details >

12/16/2025
Environ Energy (New York, NY), a firm that offers sustainable energy solutions, acquired Statistical Energy (Dublin, OH), an energy advisory firm known for its data-driven procurement strategies and granular risk modeling. Link to details >

Global Transactions

12/11/2025
Sequana (Melbourne, Australia), a strategic advisory and project management consulting firm, welcomed two new specialist partnerships with environmental and sustainability consultancy WolfPeak (Port Macquarie, Australia) and communications and engagement firm Factotum Communications (Sydney, Australia). Link to details >