M&A Update – 2022 kicks off with thirteen deal announcements

419 U.S. DEALS

LATEST 12 MONTHS

34%

628* GLOBAL DEALS

LATEST 12 MONTHS

46%

*Including U.S. deals

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

M&A Update – 2022 kicks off with thirteen deal announcements

HIGHLIGHTED TRANSACTIONS

JAN 2022: Fast-growing Ardurra Group (Tampa, FL) (ENR #190) acquired and merged with Gunda Corporation (Houston, TX), a leader in the Texas transportation and public works markets. Link to details >

Morrissey Goodale initiated the transaction and advised Gunda Corporation >

JAN 2022: Innovative EA, surveying, and geospatial services firm Merrick & Company (Greenwood Village, CO) (ENR #113) acquired Alliance Engineering (Richmond, VA), expanding the firm's energy, manufacturing, and process engineering capabilities. Link to details >

Morrissey Goodale initiated the transaction and advised Alliance Engineering >

JAN 2022: Industry leader Civil & Environmental Consultants (Pittsburgh, PA) (ENR #96) acquired Pickett Ray & Silver (St. Peters, MO), a surveying, geospatial, and civil engineering firm. Link to details >

Morrissey Goodale initiated the transaction and advised Civil & Environmental Consultants >

SOUTHEAST STATES M&A SYMPOSIUM RESCHEDULED TO MARCH!

We've rescheduled the Southeast States M&A Symposium to March 23 and 24.

Demand for this Symposium was such that we’ve had to expand the meeting space capacity not once but twice!. Network and learn with over 120 AE industry executives, buyers, sellers, and investors in sunny Miami this March.

DOMESTIC TRANSACTIONS

1/3/2022

Industry leader IMEG Corp. (Rock Island, IL) (ENR #77) acquired three new firms: Architectural Engineers (Boston, MA), an MEP and fire protection services firm; C&H Engineering and Surveying (Bozeman, MT), a civil, surveying, and structural engineering firm; and Sitton Energy Solutions (St. Louis, MO), an energy management and building performance analysis services firm. Link to details >

1/6/2022

In the firm's second year-end closing announcement, Civil & Environmental Consultants (Pittsburgh, PA) (ENR #96) acquired Hamilton Designs (Fishers, IN), a land surveying, site engineering, and infrastructure services firm. Link to details >

1/6/2022

National design and professional services firm WGI (West Palm Beach, FL) (ENR #175) acquired Simpson Engineers & Associates (Cary, NC), a firm that provides transportation structural design, bridge safety inspections, environmental and planning services, construction observation, and rail project management. Link to details >

1/5/2022

Mackay Engineering and Surveying (Cleveland, OH), a land surveying, civil engineering, and municipal engineering firm, joined civil engineering and environmental firm WallacePancher Group (Hermitage, PA). Link to details >

1/2/2022

Engineering and energy services firm CMTA (Louisville, KY) (ENR #240) merged with its sister company Obernel Engineering (Fargo, ND). The two companies joined Therma Holdings (San Jose, CA) in July 2021. Link to details >

1/5/2022

CMT Engineering Laboratories (Salt Lake City, UT), a civil engineering and construction material testing and inspection services firm, acquired Paradigm Consultants (Houston, TX), a provider of construction material testing, special inspection, geotechnical engineering, and forensic services. Link to details >

1/4/2022

Global testing, inspection, and certification services firm Bureau Veritas (Paris, France) acquired PreScience (Aliso Viejo, CA), a CM/PM services firm with extensive experience in highways, bridges, and rail and transit infrastructure projects. Link to details >

1/6/2022

InSite Engineering (Hoover, AL), a water, wastewater, municipal, transportation, and civil engineering services firm, acquired Nelson & Company (Birmingham, AL), a civil and process engineering firm that offers water and wastewater treatment and water resources services. Link to details >

UPCOMING EVENTS

MARCH 23-24, 2022

SOUTHEAST STATES M&A SYMPOSIUM

Miami, FL

We've rescheduled the Southeast States M&A Symposium to March 23 and 24 and reopened registration!

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 >

WHO IS THE LEADING M&A ADVISOR SERVING THE TEXAS A/E MARKET?

We are. Click here to see the industry-leading 25+ transactions we have advised on in the Lone Star state.

If you are a Texas firm interested in M&A or a firm looking to grow in Texas through acquisition we can help. Contact Mick Morrissey at 508-380-1868 or mmorrissey@morrisseygoodale.com.

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, Vice President, at 585-738-0667 or

Email Jeff Lookup >

Brendon Cussio, Vice President, at 720-309-0704 or

Email Brendon Cussio >

Jon Escobar, CM&AA, Vice President, 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, Vice President, 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 >

ENGINEERING INFLUENCE PODCAST

Three Episodes featuring Mark Goodale, Mick Morrissey, and Jon Escobar

How to Build Effective Leadership Teams

Listen to Mark Goodale offer some direction on how to build effective leadership teams.

Click here to listen.

Influx of Private Equity into Engineering Firms

Listen to the #1 most downloaded episode of the podcast in 2021!

Mick Morrissey discusses the reasons behind the accelerating flow of PE capital into engineering firms.

Click here to listen.

M&A Update for the Design Industry

Listen to Jon Escobar discuss M&A trends and offer his thoughts on what the future holds for the AE industry.

Click here to listen.

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

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