M&A Update: Industry leader STV makes a big move in KY; seven other domestic deals

Commentary & Insight

In addition to this week’s announcement of the acquisition of American Engineers, Inc. by STV, we report an additional seven domestic deals in TX, CA, WA, WY, and IL. Overseas, we report four transactions in Norway, the UK, and Ireland.

Domestic Transactions

6/6/2023 
Fast-growing engineering and consulting firm Universal Engineering Services (UES) (Orlando, FL) (ENR #36) acquired Riner Engineering (Houston, TX), a geotechnical engineering and construction materials testing and inspection firm. Link to details > 

6/6/2023 
TRC Companies (Windsor, CT) (ENR #16) acquired Gladstein, Neandross, & Associates (GNA) (Santa Monica, CA), a consulting firm that specializes in low-and zero-emission transportation technologies, infrastructure, and ultra-low carbon fuels for commercial transportation. Link to details >  

6/5/2023 
Aspect Consulting (Bainbridge Island, WA), an earth science and engineering consulting firm, joined Geosyntec (Boca Raton, FL) (ENR #40). Link to details >    

5/30/2023 
ENR’s #118 ranked environmental firm, Trihydro (Laramie, WY), signed initial transaction documents to acquire civil engineering firm Ridgepoint Consulting (Sheridan, WY). Link to details > 

6/5/2023 
Bowman Consulting Group (Reston, VA) (ENR #87), a multidisciplinary infrastructure, environmental, energy, and real estate consulting firm, acquired geospatial, land surveying, and project management firm MTX Surveying (Marshall, TX). Link to details >  

6/8/2023 
ENR’s #11 ranked global design firm, Stantec (Edmonton, Canada), acquired Environmental Systems Design (Chicago, IL), a mechanical, electrical, plumbing, and structural engineering firm that specializes in mission-critical facilities and data center design. Link to details > 

6/6/2023 
Acoustical consulting firm RGD Acoustics (Larkspur, CA) executed a letter of intent to join multi-disciplined engineering firm Coffman Engineers (Seattle, WA) (ENR #161). The companies plan to finalize the asset purchase agreement in July 2023. Link to details > 

Global Transactions

6/5/2023 
Multidisciplinary consultant and design firm Multiconsult ASA (Oslo, Norway) acquired A-Lab AS (Oslo, Norway), an architecture firm that specializes in urbanism, workplace design, and residential buildings. Link to details > 

6/6/2023 
STAT Holdings (Nottingham, UK), a portfolio of businesses operating within the built environment, acquired ION Consulting Engineers (Hampshire, UK), a firm that provides mechanical and electrical engineering services. Link to details > 

6/6/2023 
Environmental and geospatial services firm APEM Group (Stockport, UK) acquired Macro Works (Dublin, Ireland), a landscape and visual consultancy services firm serving the renewables, infrastructure, and commercial development industries. Link to details > 

6/7/2023 
Obelisk (Cavan, Ireland), an engineering firm offering infrastructure solutions for the telecommunications and power sectors, acquired the Telecommunications Division of Balfour Beatty (Southampton, UK). Link to details >