M&A Update – KCI acquires FL bridge firm; Thirteen more deals

387 U.S. DEALS

LATEST 12 MONTHS

30%

585* GLOBAL DEALS

LATEST 12 MONTHS

41%

*Including U.S. deals

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

M&A Update – KCI acquires FL bridge firm; Thirteen more deals

HIGHLIGHTED TRANSACTION

SEP 2021: Specialized bridge and structural engineering firm Bridging Solutions (Naples, FL) has joined engineering, planning, and construction firm KCI (Sparks, MD) (ENR #48). Link to details >

Morrissey Goodale initiated the transaction and advised Bridging Solutions >

DOMESTIC TRANSACTIONS

9/21/2021

Colliers Engineering & Design (Red Bank, NJ) (ENR #109) has entered into an agreement to partner with architectural and engineering firm Bergmann (Rochester, NY) (ENR #213). Link to details >

9/20/2021

Infrastructure engineering, procurement, and construction firm United Engineers & Constructors (Mount Laurel, NJ) (ENR #237) will be joining forces with Imperia Engineering Partners (Bordentown, NJ), a materials engineering, failure analysis laboratory, and nuclear engineering services firm. Link to details >

9/16/2021

Applied Sciences Consulting (Tampa, FL), a civil engineering firm specialized in water management, acquired Wide Open Office (Tampa, FL), a landscape architecture, urban design, and community development firm. Link to details >

9/17/2021

Private equity group Long Point Capital (New York, NY) acquired an interest in MNS Engineers (Santa Barbara, CA), a multi-service infrastructure consulting firm that offers construction management, civil engineering, and surveying services. Link to details >

9/20/2021

Metro Consulting Associates (Plymouth, MI), an energy, land, and community development firm, joined forces with R2O Consulting (Cleveland, OH), a water and wastewater infrastructure firm. Link to details >

9/20/2021

Interior design firm Banko Design (Marietta, GA) acquired Warner Design Associates (San Mateo, CA), a senior-living focused, commercial interior design firm. The new studio will be called Warner Design Associates – A BD Studio. Link to details >

9/18/2021

Civil engineering firm Phronesis Engineering (Islandia, NY) acquired the civil-related consulting services of The Lauro Group (Islandia, NY), a commercial land development and real estate consulting firm. Link to details >

GLOBAL TRANSACTIONS

9/16/2021

Environmental consulting and services firm RSK Group (Helsby, UK) added two more UK businesses to the group: Electrokinetic (Wakefield, UK), an engineering firm that offers slope stabilization systems, and EiB (Birmingham, UK), a management consulting firm.

Link to details >

9/21/2021

RPM Global (Brisbane, Australia), a technology, planning, and training services provider for the mining industry, entered into an agreement to acquire Blueprint Environmental Strategies (Perth, Australia), an environmental services firm. Link to details >

9/20/2021

Nijhuis Saur Industries (Doetinchem, Netherlands), an environmental firm that focuses on sustainable water use, energy, and resource recovery, acquired Nortech Group (Stockton-on-Tees, UK), an engineering firm that offers project management, engineering design, and recruitment solutions. Link to details >

9/17/2021

Multi-disciplinary engineering firm MBC Group (Calgary, Canada), acquired Walker Projects (Regina, Canada), a structural and civil engineering firm that provides building design, restoration engineering, and forensic analysis for building failures.

Link to details >

9/2/2021

TBH (Tracey Brunstrom & Hammond) (Melbourne, Australia) announced a new partnership with Acorn Project Advisory (Sydney, Australia) to provide strategic project advisory services across Australia, Asia, the Middle East, and North Africa.

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 >

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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.

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