Industry consolidation gathers steam – U.S. M&A up 26%

Commentary & Insight

The industry is consolidating at an unprecedented pace. Deal-making is up 26% fueled by optimistic buyers and investors with access to capital and sellers eager to lock in a sale ahead of any tax increases in 2022. Our M&A Symposiums are where industry buyers, sellers, and investors come to meet. Join us in Houston this October for our 7th Texas M&A Symposium to make the connection that could take your firm to the next level.

Domestic Transactions

7/6/2021
MEP firm Girard Engineering (Falls Church, VA) joined industry-leading facilities planning and design firm Salas O’Brien (Santa Ana, CA) (ENR #118) for its fifth deal of 2021.
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7/8/2021
For its sixth deal of 2021, fast-growing Universal Engineering Sciences (Orlando, FL) (ENR #85) acquired Geotechnology (St. Louis, MO) (ENR #407), a firm specializing in applied earth and environmental sciences, exploration, geotechnical engineering, and underground consulting services. 
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7/2/2021
Mining, energy, water, environment, and technology consulting firm RESPEC (Rapid City, SD) acquired Progressive Water Resources (Sarasota, FL), a water resource consulting firm with extensive experience in multiple aspects of ground and surface water resource development and management. 
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7/2/2021
Multi-disciplinary consulting firm Pennoni (Philadelphia, PA) (ENR #91) acquired Cocciardi and Associates (Mechanicsburg, PA), a firm that provides safety, industrial hygiene, environmental, public health, and emergency preparedness services. 
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7/6/2021
Environmental services firm Montrose Environmental Group (Irvine, CA) acquired Environmental Intelligence (Laguna Beach, CA), a wildfire mitigation, biological assessments, construction monitoring, and regulatory compliance services firm. 
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7/7/2021
ENR’s #15 ranked construction management-for-fee firm, Atlas Technical Consultants (Austin, TX), acquired O’Neill Service Group (Redmond, WA), a construction quality assurance and environmental services firm. 
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7/7/2021
Private equity firm L2 Capital Partners (Devon, PA) acquired Ecotone (Forest Hill, MD), an ecological design, engineering, and construction services firm that serves federal, state, local, and private clients. 
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7/8/2021
Rimkus Consulting Group (Houston, TX), a forensic consulting and technical services provider, acquired Blackstone Consulting (New York, NY), an environmental and property condition assessment due diligence services firm. 
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Global Transactions

7/6/2021
Environmental consulting and services firm RSK Group (Helsby, UK) acquired Technik Ground Solutions Limited (Runcon, UK), a specialist geotechnical contractor that serves the energy, utilities, infrastructure, manufacturing, petrochemical, and defense markets. 
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7/5/2021
Applus+ Group (Madrid, Spain), a global testing, inspection, and certification company, acquired Enertis (Madrid, Spain), an engineering, consulting, testing, and inspection services company focused on the solar photovoltaic industry. 
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7/5/2021
ENR’s #14 ranked environmental firm, ERM (London, UK), acquired The Renewables Consulting Group (London, UK), a market intelligence, management consulting, and technical advisory firm that operates exclusively in the renewable energy sector. 
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7/5/2021
MTE Consultants (Kitchener, Canada), a civil, structural, environmental, and land surveying firm, acquired Atkins + Van Groll (Ontario, Canada), a structural engineering firm focused on residential and commercial development, self-storage facilities, and golf clubs. 
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7/1/2021 
Civil engineering consulting firm Tatham Engineering (Collingwood, Canada) acquired Runge Engineering (Collingwood, Canada), an electrical and mechanical engineering firm. 
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