M&A Update > Two featured deals, both in NC; Other deals in TX, MO, OH, TN, NJ, and MA
Two featured deals, both in NC; Other deals in TX, MO, OH, TN, NJ, and MA
The AE industry’s weekly go-to source for the latest information on M&A deals and trends.
447 U.S. DEALS
LATEST 12 MONTHS
2%
671* GLOBAL DEALS
LATEST 12 MONTHS
2%
*Including U.S. deals
Percentages represent latest twelve months year-over-year increase or decrease in deal activity.
Featured Transaction
8/8/2024
Hughes Engineering & Consulting (Raleigh, NC), a PM, project and process engineering, commissioning, qualification, validation, and QA services firm, joined industry leader (and one of our Nine Movers and Shakers to Watch in 2024), Salas O’Brien (Irvine, CA) (ENR #39). Morrissey Goodale initiated the transaction and advised Hughes Engineering & Consulting.
Learn more >
8/5/2024
Becker Morgan Group (Salisbury, MD) acquired Adams & Hodge Engineering (Clayton, NC), a civil engineering firm serving the residential and commercial sectors. Morrissey Goodale initiated the transaction and advised Becker Morgan Group.
Learn more >
Commentary & Insight
We were privileged to serve as advisors on both of this week’s featured deals. We have now reached the unparalleled milestone of advising on 250 successfully closed transactions for our clients (with many more in the works!). We would like to congratulate and thank all of our clients over the years for the opportunity to serve them and for their trust in us.
Deal-makers and investors from across North America will be among the over 200 AE and environmental industry executives and investors at this year’s Texas and the South M&A and Business Symposium at the five-star Post Oak Hotel at Uptown Houston from October 16 through 18. Don’t miss this unique and timely opportunity to make the connections that will advance your firm to the next level. Register today.
Domestic Transactions
8/7/2024
Private equity funds affiliated with asset manager firm The Blackstone Group (New York, NY) agreed to make a majority investment in industry-leading firm Westwood Professional Services (Plano, TX) (ENR #83). Link to details >
8/5/2024
Industry leader Gannett Fleming (Camp Hill, PA) (ENR #29), a portfolio company of OceanSound Partners (New York, NY), completed a strategic merger with TranSystems (Kansas City, MO) (ENR #58), a provider of transportation-focused engineering and infrastructure services. Link to details >
8/2/2024
RA Consultants (Cincinnati, OH), an infrastructure engineering and CM consulting firm specializing in water and wastewater projects, joined civil engineering and CM firm Gonzalez Companies (St. Louis, MO), a Trilon company. Link to details >
8/1/2024
Planning and design consulting firm Kimley-Horn (Raleigh, NC) (ENR #10) joined forces with A.D. Engineering (Chattanooga, TN), a firm with expertise in planning, site layout, grading, stormwater design, water system design, sewer system design, and permitting. Link to details >
8/8/2024
Science and technology services firm Pace® (Minneapolis, MN) acquired Agra Environmental and Laboratory Services (Dover, NJ), a water testing lab dedicated to determining water safety serving homeowners, public water systems, and commercial businesses. Link to details >
8/2/2024
Ground Penetrating Radar Systems (Maumee, OH), a firm that provides subsurface damage prevention, existing conditions documentation, and facility management solutions for utilities, general contractors, and AE firms, acquired Existing Conditions (Boston, MA), a leading provider of reality capture, 3D laser scanning, and drone imagery services for professionals in the building industry. Link to details >
Global Transactions
8/2/2024
Global digital, cloud, and security services firm Accenture (Dublin, Ireland) acquired BOSLAN (Bilbao, Spain), a provider of management services for large infrastructure projects such as on- and offshore wind farms, solar power plants, smart grids, electric vehicle charging infrastructure, and hydrogen plants. Link to details >
October 16-18, 2024 Houston, TX
Texas and the South M&A and Business Symposium
Over two-plus information-packed days, come together to discuss strategy, innovation, and M&A trends while networking with AE industry executives.
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