M&A Update – Deals in MA and TN; U.S. firms acquire overseas

383 U.S. DEALS

LATEST 12 MONTHS

29%

577* GLOBAL DEALS

LATEST 12 MONTHS

39%

*Including U.S. deals

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

M&A Update – Deals in MA and TN; U.S. firms acquire overseas

SOUTHEAST REGISTRATION NOW OPEN!

Early Bird Registration is now open for the 2022 Southeast States M&A Symposium in Miami, FL, on January 19 and 20. If you want to grow in the Southeast or are based in the Southeast and are considering M&A – then this Symposium is for you!

DOMESTIC TRANSACTIONS

9/13/2021

Employee-owned engineering, environmental, and surveying consulting firm Haley Ward (Brewer, ME), formerly CES, Inc., acquired Whitman & Bingham Associates (Leominster, MA), a surveying and civil engineering firm that serves clients throughout New England. Link to details >

9/15/2021

The Reaves Firm (Memphis, TN), a civil engineering, structural, land planning, landscape architecture, and land surveying firm, acquired land surveying and civil engineering firm McCaskill and Associates (Memphis, TN). Link to details >

GLOBAL TRANSACTIONS

9/15/2021

Pioneering AEG and strategic consulting firm Woolpert (Dayton, OH) (ENR #59) acquired AAM (Sydney, Australia), a global geospatial services firm that specializes in aerial mapping, surveying, and GIS. Link to details >

9/10/2021

Jensen Hughes (Baltimore, MD), a global leader in safety, security, and risk-based engineering and consulting, acquired BCA Logic (Sydney, Australia), a code consulting and performance-based design engineering firm. Link to details >

9/14/2021

Dawood Engineering (Harrisburg, PA) acquired ArchiTube (Czestochowa, Poland), a multi-discipline technology firm specializing in 3D BIM, laser scanning, land surveying, and facilities management. Link to details >

7/22/2021

SOCOTEC UK (Burton upon Trent, UK), the second most important geographical platform in the SOCOTEC Group (Yvelines, France) after France, acquired TOR Drilling (Glastonbury, UK), a rotary drilling specialist that offers geotechnical, environmental, and site investigation services. Link to details >

9/16/2021

Civil engineering firm Thornton Engineering (Colombo, Sri Lanka) has announced the acquisition of a 100% stake in Dane Engineering (Colombo, Sri Lanka), creating a new entity called Thornton and Dane Engineering. Link to details >

9/14/2021

Architecture firms Aihio Arkkitehdit (Tampere, Finland), Architects Soini & Horto (Helsinki, Finland), and Cederqvist & Jäntti Architects (Helsinki, Finland) have merged to form ARCO Architecture Company, the largest architecture firm in Finland. The merger is enabled by private equity firm Intera Partners (Helsinki, Finland).

Link to details >

8/31/2021

BPA (Montreal, Canada), a mechanical, electrical, structural, and building automation services firm, acquired Clark Engineering (Edmonton, Canada), an engineering firm focused on mechanical design for high performance buildings. Link to details >

UPCOMING EVENTS

OCT 21-22, 2021

TEXAS M&A SYMPOSIUM (ALMOST SOLD OUT!)

Houston, TX

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.

Early Bird 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 >

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

(The most popular episode of the Engineering Influence Podcast!)

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

2021 AE INDUSTRY M&A: MID-YEAR REVIEW

Check out Jon Escobar’s commentary about some of the most important M&A trends and highlights from the first half of the year in our 2021 AE M&A Mid-Year Review and corresponding infographic.

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.

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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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