M&A Update - Fourteen deals reported this week; U.S. M&A down just 1%

301 U.S. DEALS

LATEST 12 MONTHS

415* GLOBAL DEALS

LATEST 12 MONTHS

*Including U.S. deals

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

M&A Update - Fourteen deals reported this week; U.S. M&A down just 1%

OUR APOLOGIES

Due to a technical error, an incomplete draft of our weekly M&A Update was sent Thursday afternoon by mistake. We apologize for any confusion. Our weekly updates will continue each Friday at 9 AM Eastern time.

M&A TRANSACTIONS

12/3/2020

ENR's #7 ranked global design firm, WSP (Montreal, Canada), entered into an agreement to acquire Golder Associates (Palm Beach Gardens, FL) (ENR #18), a global engineering and consulting firm with over 60 years of experience in providing earth science and environmental services. Link to details >

12/3/2020

ENR's #11 ranked global design firm, Stantec (Edmonton, Canada), signed a Letter of Intent to acquire ENR's #129 ranked environmental firm, Wenck (Maple Plain, MN). Wenck is an environmental engineering firm with core expertise in air, water, waste, food processing, natural resources, and infrastructure. Link to details >

11/24/2020

Industry leader Jacobs (Dallas, TX) (ENR #1) strengthened its high priority analytics, all-source intelligence, and cyber artificial intelligence capabilities through the acquisition of The Buffalo Group (Reston, VA). Link to details >

12/1/2020

RTM Engineering Consultants (Schaumburg, IL) acquired RCE Consultants (Laguna Woods, CA), a civil engineering firm specializing in water, wastewater, public works, private land development, industrial, and water quality sectors. Link to details >

12/2/2020

Global consulting firm TRC Companies (Windsor, CT) (ENR #20) expanded its environmental and renewable energy capabilities with the acquisition of Shoener Environmental (Dickson City, PA), a firm that consults on the development and permitting of renewable energy projects and greenfield development projects. Link to details >

12/2/2020

Wetland Studies and Solutions (Gainesville, VA), a subsidiary of Davey Resource Group (Kent, OH), acquired environmental and engineering services company EEE Consulting (Mechanicsville, VA). Link to details >

12/1/2020

Environmental services platform Alliance Holdings (Decatur, AL) acquired Almega Environmental (Cypress, CA). Almega provides source emissions testing services including ambient air testing, on-site analysis, and EPA compliance to the manufacturing, metals and renewable energy industries, among others. Link to details >

12/1/2020

Envista Forensics (Atlanta, GA), a forensic engineering and consulting firm, bolstered its building consulting division through the acquisition of property and building assessment consultancy Stephenson Consulting Group (Arlington, TX). Link to details >

11/16/2020

West Yost (Davis, CA), a leading water firm located throughout the Western United States, announced the addition of groundwater resources expert Wildermuth Environmental (Irvine, CA) to the West Yost team. Link to details >

12/2/2020

Civil and structural engineering firm LBYD Engineers (Birmingham, AL) merged into North Wind Group (Idaho Falls, ID) as a subsidiary company. North Wind provides services to the environmental management, engineering, construction, scientific consulting, and information technology industries. Link to details >

11/30/2020

In the firm's second deal in as many weeks, Jacobs (Dallas, TX) (ENR #1) announced that it will form a strategic partnership with PA Consulting (London, UK), an innovation and transformation consulting firm, in which Jacobs will acquire a 65% stake in PA. Link to details >

12/2/2020

ENR's #11 ranked global design firm, Stantec (Edmonton, Canada), expanded its capabilities in the Netherlands with the acquisition of AGEL (Oosterhout, Netherlands), a multi-discipline engineering firm specializing in environmental services, spatial development, infrastructure, and GIS services. Link to details >

12/1/2020

ENR's #91 ranked global design firm, IBI Group (Toronto, Canada), acquired Cole Engineering Group (Markham, Canada). Founded in 2003, Cole offers consulting and advisory services in the water, transportation, urban development, and environmental sectors. Link to details >

12/2/2020

CET Infrastructure (Derby, UK), a provider of specialist geotechnical, environmental, and materials testing services to the construction and engineering sector, acquired Card Geotechnics Limited (Surrey, UK). Link to details >

UPCOMING EVENTS

JANUARY 25-29, 2021

CEO VIRTUAL REALITY EVENT Q1 2021

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

To see the feedback from our inaugural VR CEO Week - click here >

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:

John Kreiss, Principal Consultant, at

508-934-7207 or

Email John Kreiss >

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 >

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.

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!