M&A Update – 12 more deals; Industry consolidation at record levels

378 U.S. DEALS

LATEST 12 MONTHS

31%

557* GLOBAL DEALS

LATEST 12 MONTHS

35%

*Including U.S. deals

Percentages represent latest twelve months year-over-year increase or decrease in deal activity.

M&A Update – 12 more deals; Industry consolidation at record levels

COMMENTARY & INSIGHT

This week we lead with 12 more domestic deals. U.S. M&A is at a historic high and up 31%. 2021 is on track to be the most active year ever for industry consolidation.

To see some of the most important M&A trends and highlights from the first half of the year, check out our 2021 AE M&A Mid-Year Review and corresponding infographic.

DOMESTIC TRANSACTIONS

8/4/2021

Rimkus Consulting Group (Houston, TX), a forensic engineering and technical consulting services firm, acquired Sullivan Engineering (Totowa, NJ), an industry leading building envelope consulting firm. Link to details >

8/5/2021

Leading designer HDR (Omaha, NE) (ENR #6) acquired WRECO (Walnut Creek, CA), a civil engineering, environmental compliance, geotechnical engineering, and water resources planning firm. Link to details >

8/2/2021

Engineering and program management firm Raba Kistner (San Antonio, TX) (ENR #159) acquired Drake Environmental (College Station, TX), an environmental construction and compliance firm specialized in erosion and sedimentation control, stormwater management, and stormwater pollution prevention. Link to details >

8/2/2021

Engineering, consulting, and automation services firm EN Engineering (Warrenville, IL) (ENR #70) acquired Spectrum Engineering Corporation (Auburn, IN), a power and telecommunications engineering firm that serves the electric power and gas utility markets. Link to details >

8/3/2021

Multidisciplinary consulting firm Bowman Consulting Group (Reston, VA) (ENR #144) acquired McFarland-Dyer & Associates (Suwanee, GA), a civil engineering, land planning, land surveying, and landscape architecture firm. Link to details >

8/2/2021

LDSI (Charlotte, NC), a surveying, GIS, and water resources engineering services firm, joined design firm Greenman-Pedersen, Inc. (Babylon, NY) (ENR #64). Link to details >

8/2/2021

Griffith Engineering (Atlanta, GA), a building energy analysis and engineering design services firm, joined high-performance engineering design firm TLC Engineering Solutions (Orlando, FL) (ENR #235). Link to details >

8/3/2021

ENR's #9 ranked global design firm Stantec (Edmonton, Canada) signed a letter of intent to acquire Paleo Solutions (Monrovia, CA), a provider of paleontological and archaeological services for the transportation, water, and power sectors. Link to details >

7/27/2021

Geotechnical engineering firm Keller North America (Hanover, MD) acquired RECON Services (Houston, TX), an industrial services, soil stabilization, and environmental remediation firm. Link to details >

8/2/2021

Forensic consulting services firm Envista Forensics (Atlanta, GA) acquired Grecco Construction Consultants (Memphis, TN), a building consulting firm specialized in property evaluations. Link to details >

8/3/2021

Miyamoto International (Sacramento, CA), an engineering and disaster risk reduction company, acquired ATI Engineers (Pleasanton, CA), a provider of structural, mechanical, and electrical engineering services. Link to details >

8/2/2021

ENR's #68 ranked environmental firm, Apex Companies (Rockville, MD), acquired Environmental Partners Group (Quincy, MA), an engineering firm with expertise in the water, wastewater, civil, transportation, and environmental markets. Link to details >

GLOBAL TRANSACTIONS

8/3/2021

Environmental consulting and services firm RSK Group (Helsby, UK) acquired CS2 Chartered Surveyors (Northampton, UK), a building surveying, cost consulting, project management, energy, and sustainability services firm. Link to details >

8/2/2021

Construction Testing Solutions (Leicester, UK), a provider of on-site and laboratory testing services, acquired Silkstone Environmental (Chapeltown, UK), an independent minerals and waste consulting company. Link to details >

8/3/2021

Carter Jonas (London, UK) acquired JB Planning Associates (Stevenage, UK), a planning, urban design, and development services firm. Link to details >

UPCOMING EVENTS

OCT 21-22, 2021

TEXAS M&A SYMPOSIUM

Houston, TX

Now in its seventh year! The ONLY M&A Symposium that brings together leaders of Texas A/E and environmental firms with M&A decision-makers from national and global buyers and industry investors.

JAN 19-20, 2022

SOUTHEAST STATES M&A SYMPOSIUM

Miami, FL

If you are an A/E firm interested in expanding into the Southeast through acquisition, or you are based in the Southeast and considering a sale or merger, this is the event for you.

Keep me updated >

JUNE 8-9, 2022

WESTERN STATES M&A SYMPOSIUM

San Francisco, CA

If you are an A/E firm leader interested in expanding into the West through acquisition, or you are based in the West and considering a sale or merger, this is the event for you.

Keep me updated >

M&A Advisory Services

To inquire about our M&A Advisory Services, contact:

Nick Belitz, CVA, Principal, at

303-656-6151 or

Email Nick Belitz >

Jeff Lookup, CM&AA, Principal Consultant, at 585-738-0667 or

Email Jeff Lookup >

Brendon Cussio, Principal Consultant, at 720-309-0704 or

Email Brendon Cussio >

Jon Escobar, CM&AA, Consultant, at

224-577-8595 or

Email Jon Escobar >

Executive Search Services

To inquire about our Executive Search Services, contact:

Lisa Elster, Executive Recruiter, at

508-758-0191 or

Email Lisa Elster >

Virtual Reality Services

To inquire about our Virtual Reality Services, contact:

Brendon Cussio, Principal Consultant, at 720-309-0704 or

Email Brendon Cussio >

Strategic Planning Services

To inquire about our Strategic Planning Services, contact:

Mark Goodale, Principal, at

508-283-9357 or

Email Mark Goodale >

Leadership Training & Development

To inquire about our Leadership Training & Development services, contact:

Mark Goodale, Principal, at

508-283-9357 or

Email Mark Goodale >

THE RECAPITALIZATION OF THE A/E INDUSTRY BY PRIVATE EQUITY

Mick Morrissey, Managing Principal at Morrissey Goodale, visits the Engineering Influence podcast to discuss the reasons behind the accelerating flow of private equity capital into engineering firms. Click here to listen.

Congratulations to the over 125 clients Morrissey Goodale has helped achieve their M&A goals!

Click here to take a look at some of the transactions that we have assisted our clients with over the years.

Get your copy of the book that's revolutionizing the AEC industry.

Order today!

Mastering Lean Leadership for the A/E industry is all about helping current and future A/E firm leaders blow the lid off their companies. Start learning your way toward your goals and achieving outcomes you previously thought impossible!

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