M&A Update – Empire State merger; Ten other deals this week

383 U.S. DEALS

LATEST 12 MONTHS

31%

563* GLOBAL DEALS

LATEST 12 MONTHS

36%

*Including U.S. deals

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

M&A Update – Empire State merger; Ten other deals this week

HEADLINE TRANSACTION

AUG 2021: Award-winning landscape architecture and planning firm Trowbridge Wolf Michaels Landscape Architects (TWMLA) (Ithaca, NY), announced it has joined growing engineering, planning, and professional services firm Fisher Associates (Rochester, NY). Link to details >

Morrissey Goodale initiated the transaction and advised TWMLA >

COMMENTARY & INSIGHT

With two more deals this week, Texas surpasses 150 reported transactions in the last five years. Journey to the center of the action in Houston this October to learn all about AE industry M&A trends and network with over 100 CEOs, M&A decision-makers, and investors at our 7th Texas M&A Symposium.

DOMESTIC TRANSACTIONS

8/6/2021

DCCM (Houston, TX), a national provider of design, consulting, and program and construction management services, acquired Binkley & Barfield (Houston, TX) (ENR #323), a multidisciplinary engineering firm with extensive experience in surface transportation and public infrastructure. Link to details >

8/6/2021

OF NOTE: The deal with Binkley & Barfield is DCCM's second in the Lone Star State this summer, following the firm's acquisition of prominent Texas infrastructure engineering firm R.G. Miller Engineers (Houston, TX) in June. Link to details >

8/9/2021

SAM Companies (Austin, TX) (ENR #98) acquired The Whiddon Group (Austin, TX), a firm specializing in utility engineering services. Link to details >

8/9/2021

ENR's #44 ranked environmental firm Montrose Environmental Group (Irvine, CA) acquired SensibleIoT (Paso Robles, CA), an IoT and software platform that interfaces with multiple air, water, and soil data sources to provide environmental solutions with advanced data analytics capabilities. Link to details >

8/6/2021

Consulting engineering firm GM2 Associates (Glastonbury, CT) acquired multidiscipline civil and environmental engineering firm Gordon R. Archibald, Inc. (GRA) (Pawtucket, RI). Link to details >

8/10/2021

Geosyntec Consultants (Boca Raton, FL) (ENR #42) acquired Applied Technology and Management (Gainesville, FL), an engineering and consulting firm focused on coastal, waterfront, and water resources projects. Link to details >

8/11/2021

Healthcare design firm BakerNowicki Design Studio (San Diego, CA) joined DLR Group (Minneapolis, MN) (ENR #60). The firm will operate as DLR Group|BakerNowicki to serve K-12 and higher education clients in California. Link to details >

8/11/2021

The Wooten Company (Raleigh, NC), an engineering, architectural, and geomatics services firm, acquired Crescent Engineering (Columbia, SC), a civil engineering firm with a broad experience in community infrastructure projects. Link to details >

6/30/2021

Earth science and technology firm GeoEngineers (Redmond, WA) (ENR #225) acquired Cascadia Associates (Portland, OR), a provider of strategic environmental consulting services for commercial and industrial property owners. Link to details >

GLOBAL TRANSACTIONS

8/9/2021

Mechanical engineering firms The AME Consulting Group (Vancouver, Canada) and HRC Engineering (Spruce Grove, Canada) announced that their mechanical consulting teams will be joining as one firm. Link to details >

8/5/2021

Environmental consulting and services firm RSK Group (Helsby, UK) acquired Leap Environmental (Dorking, UK), a geotechnical and geo-environmental site investigation 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

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

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Jon Escobar, CM&AA, Consultant, at

224-577-8595 or

Email Jon Escobar >

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Email Brendon Cussio >

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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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