M&A Update: Six ENR Top 500 Design Firms announce new deals 

Commentary & Insight

This week six ENR Top 500 Design Firms announced new transactions pushing U.S. M&A over 330 deals year-to-date. With still a quarter to go, 2023 is already the third most active year for industry consolidation on record. And there is no slowdown in sight! Be part of the unfolding narrative in Houston next month. Delve deep into the latest trends and connect with over 200 industry leaders – CEOs, M&A strategists, and investors at our Texas and Southern States M&A, Strategy, and Innovation Symposium. Registration closes next week, reserve your spot by registering today! 

Domestic Transactions

10/3/2023 
Industry leader Atwell (Southfield, MI) (ENR #74), a national consulting, engineering, and construction services firm, acquired Summit Engineering Group (Heber City, UT), a civil engineering and land surveying firm. The deal is Atwell’s eighth deal in the last ten months. Link to details >  

10/2/2023 
Giovanetti Shulman Associates Consulting Engineers (Broomall, PA), a mechanical, electrical, plumbing, fire protection, and low voltage engineering firm joined IMEG Corp. (Rock Island, IL) (ENR #57). Link to details > 

10/3/2023 
Architecture, engineering, and planning firm HED (Southfield, MI) (ENR #189) entered a strategic partnership with Larson Incitti Architects (Denver, CO), an architecture firm with expertise in the community and Pre-K-12 education sectors. Link to details > 

10/3/2023 
Employee-owned engineering and architecture firm Short Elliott Hendrickson (SEH) (St. Paul, MN) (ENR #153) acquired the assets from RAM USA (Brunswick, OH), a firm specializing in the non-destructive detection, investigation, and resolution of water intrusions in multifamily, commercial, industrial, and institutional roofs and pavement. Link to details > 

9/29/2023 
Integra Testing Services (Mentor, OH), a testing, adjusting, and balancing (TAB) services firm, acquired TAB services firms J.F. Coffey Associates (Duxbury, MA) and American Test and Balance (Norwell, MA). Link to details > 

10/2/2023 
Aegion (St. Louis, MO), an infrastructure maintenance, rehabilitation, and technology-enabled water solutions firm, acquired 11 Enviro Group (Brooklyn, NY), a firm that provides assessment, maintenance, and trenchless services for water and wastewater pipelines. Link to details > 

10/3/2023 
J.S. Held (Jericho, NY), one of the AE industry’s most prolific buyers, acquired TransCon CSI (Annapolis, MD), a firm that offers crash investigation and analysis, reconstruction, animation, and 3D forensic mapping and diagramming. Link to details > 

Global Transactions

10/2/2023 
Global environmental and advisory consultancy SLR (Aylesbury, UK) entered an agreement to acquire environmental firm Palmer Environmental Consulting Group (Vancouver, Canada).  Link to details > 

10/3/2023 
Environmental consulting and services firm RSK Group (Helsby, UK) acquired RJT Excavations (Jedburgh, UK), a civil engineering and bulk earthworks contractor. Link to details > 

10/4/2023 
SEAM Spatial (Bongaree, Australia), a spatial services firm, merged with Survey and Drafting Resources (Singleton, Australia) and LW Survey Australia (Moffat Beach, Australia) to create one of the largest surveying firms in Australia. Link to details > 

9/29/2023 
Multi-disciplinary engineering and design firm Norconsult (Sandvika, Norway) acquired the Danish Zealand branch of Franck Miljø- og Geoteknik A/S (Smørum, Denmark). The acquisition of the eastern department strengthens Norconsult’s competencies in soil and environmental studies, including drilling technology. Link to details > 

9/29/2023 
Engineering firm Rejlers (Stockholm, Sweden) acquired Karl Knudsen AS (Trondheim, Norway), a firm with expertise in building and civil engineering and project management and design. Link to details > 

9/29/2023 
Investment company Energy Capital Group (Riyadh, Saudi Arabia) acquired MENA Industrial Services Company (Al Khobar, Saudi Arabia), an engineering firm that offers civil engineering, transportation planning, geomatics, operation & maintenance services to the power and water, oil & gas, and petrochemicals sectors. Link to details > 

9/28/2023 
Roberts International Consultants (Rothwell, Australia), a general quantity surveying, insurance specialist services, and expert witness services firm, joined Halliwell (Campbelltown, Australia), a fire forensics and forensics engineering firm. Link to details >