M&A Update: Two more deals in the Southeast; Deals reported in NY, VA, WA, PA, TX, and IN

Commentary & Insight

It was a busy week for M&A, with 11 transactions announced. The Southeast continues to consolidate rapidly with two new deals in Florida. Learn more about the trends sweeping the industry and connect with over 200 industry executives, investors, and experts in Miami at our Southeast M&A and Business Symposium. Don’t delay; registration will close soon!

Domestic Transactions

2/26/2024
Traffic & Mobility Consultants (Orlando, FL), an engineering firm specializing in transportation planning and traffic engineering, acquired O’Rourke Engineering & Planning (Stuart, FL), a traffic and transportation engineering firm. Link to details >

2/28/2024
ITG Communications (Hendersonville, TN), a fulfillment, construction, and PM services firm serving the cable and telecommunications industries, acquired Specialized Engineering Services (Jacksonville, FL), a specialist in design engineering for the telecommunications industry. Link to details >

2/29/2024
Pathfinder Engineers (Rochester, NY), an MEP and fire protection engineering, energy services, and commissioning firm, joined industry leader (and recipient of the 2023 Most Prolific and Proficient Acquirer Award) IMEG Corp. (Rock Island, IL) (ENR #57) (IMEG is also one of our Nine Movers and Shakers to Watch in 2024). Link to details >

2/22/2024
Industry icon Tetra Tech (Pasadena, CA) (ENR #4) acquired LS Technologies (Fairfax, VA), a U.S. federal enterprise technology services and management consulting firm. LS Technologies will join Tetra Tech’s Federal Information Technology (IT) practice. Link to details >

2/28/2024
Architecture and engineering firm Shive‑Hattery (Cedar Rapids, IA) (ENR #223) acquired Helix Design Group (Tacoma, WA), an architecture, interior design, and graphic design firm. Link to details >

2/26/2024
Designblendz (Philadelphia, PA), an architecture and 3D visualization firm focused on multi-family and commercial design, merged with architecture and interior design firm IEI Group (Philadelphia, PA). Link to details >

2/22/2024
Forensic engineering and technical consulting services firm Rimkus Consulting Group (Houston, TX) received a strategic growth investment from HGGC (Palo Alto, CA), a middle-market investment firm. Existing minority investor Century Equity Partners (Boston, MA) and the Rimkus management team will be rolling significant equity into the transaction. Link to details >

2/22/2024
Wightman (Benton Harbor, MI), an architecture, civil engineering, and surveying services firm serving the commercial, education, energy, and government sectors, acquired surveying firm Gouloff-Jordan Surveying and Design (Fort Wayne, IN). Link to details >

Global Transactions

2/28/2024
Multi-disciplinary engineering and design firm Norconsult (Sandvika, Norway) acquired planning and analysis firm Concreto AS (Oslo, Norway). Concreto AS operates mainly within buildings, infrastructure, and urban planning. Link to details >

2/22/2024
Provencher_Roy (Quebec, Canada), an architecture and sustainable development services firm, acquired GRC Architects (Ottawa, Canada), a design firm with expertise in the institutional, community, residential, education, and government sectors. Link to details >

2/14/2024
XPartners (Stockholm, Sweden), a group of technology companies that offer environmental and civil engineering services, acquired Projektstaben (Stockholm, Sweden), a firm that provides project management services to civil engineering projects. Link to details >