297 U.S. DEALS
LATEST 12 MONTHS
6%
412* GLOBAL DEALS
LATEST 12 MONTHS
9%
*Including U.S. deals    
Percentages represent latest twelve months year-over-year increase or decrease in deal activity.
M&A Update - Eight deals reported this week in the U.S. and abroad
COMMENTARY & INSIGHT

This week's list of deals provides great insight into how employee-owned, publicly traded, and private equity-backed AEC firms alike all continue to rapidly globalize, consolidate, and recapitalize. You can be sure this will be a hot topic at our Q1 Virtual Reality CEO Week this January. Click here to sign up before registration closes on Monday!
M&A TRANSACTIONS

12/7/2020
Industry leader Terracon (Olathe, KS) (ENR #22) acquired TAM Consultants (Williamsburg, VA), a professional services firm providing a full range of facilities engineering and design services to public and private sector clients. Link to details >

12/10/2020
AECOM (Los Angeles, CA) (ENR #2) announced the signing of a definitive agreement to sell its civil construction business to affiliates of Oroco Capital (Bethesda, MD). The transaction is expected to close in January 2021. Link to details >

12/7/2020
Iteris (Santa Ana, CA), a global provider of smart mobility infrastructure management solutions, acquired TrafficCast International (Madison, WI). TrafficCast provides travel information technology, applications, and content to media, mobile technology, automotive, and public sector customers throughout North America. Link to details >

12/7/2020
Procon Consulting (Arlington, VA), a full-service construction project management firm, acquired Lutz Engineering (Wilmington, DE), a mechanical engineering firm with expertise in commissioning, energy, and building automation services. Link to details >

12/4/2020
Stephenson Engineering (Toronto, Canada), a structural engineering firm with expertise in high-rise buildings, healthcare, and transportation, joined industry-leading facilities planning and design firm Salas O'Brien (Santa Ana, CA) (ENR #147). Link to details >

12/4/2020
International development and construction company Skanska (Stockholm, Sweden) signed a binding Business Purchase Agreement for the divestment of its infrastructure services business in the UK to M Group Services (Stevenage, UK). Link to details >

12/2/2020
RED (London, UK), a global company providing building services and ICT engineering solutions, acquired multi-discipline engineering consultancy Callaghan Engineering (Dublin, Ireland). Link to details >

12/8/2020
Babbé McCathie Associates (St. Peter Port, Guernsey) merged with its Jersey-based partner T&G Structural Engineers (Saint Helier, Jersey) to create Guernsey’s largest structural and civil engineering company. Link to details >
JANUARY 25-29, 2021
CEO WEEK
Virtual Reality/Augmented Reality Event

This is NOT another webinar or Zoom "conference." This is fully immersive and interactive 3D VR with your peers!

M&A Advisory Services

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Jon Escobar, CM&AA, Consultant, at
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A LOOK AT THE M&A MARKET FROM THE SELLER'S SIDE
Mick Morrissey, managing partner of Morrissey Goodale, visits the Engineering Influence podcast to analyze the current state of the M&A market and offer insights and advice to engineering firm owners who may be contemplating selling their firms. Click here to listen.
Congratulations to the over 100 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.
Morrissey Goodale is allocating all of our community engagement financial support to Meals on Wheels America during the COVID-19 crisis. Meals on Wheels programs are on the front lines, focused on keeping older Americans safe and nourished in communities across the U.S.
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About Morrissey Goodale

Morrissey Goodale LLC is a leading management consulting and research firm serving the Architecture, Engineering, and Construction (AEC) industry. 

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