M&A Update – Red hot DCCM acquires in Georgia; Thirteen more deals

377 U.S. DEALS

LATEST 12 MONTHS

25%

565* GLOBAL DEALS

LATEST 12 MONTHS

34%

*Including U.S. deals

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

M&A Update – Red-hot DCCM acquires in GA; Thirteen more deals

HEADLINE TRANSACTION

AUG 2021: In its second deal in as many months, DCCM (Houston, TX), a fast-growing design, consulting, and PM/CM firm, entered the Southeast market through the acquisition of prominent Georgia firm Rochester & Associates (Gainesville, GA). Link to details >

Morrissey Goodale initiated the transaction and advised Rochester & Associates >

COMMENTARY & INSIGHT

This week sees two more deal announcements in the Lone Star state. The industry in Texas is consolidating rapidly providing opportunities for both buyers and sellers. Journey to the center of Texas M&A action in Houston this October 21 and 22 at our 7th Texas M&A Symposium. Register today – space is running out!

DOMESTIC TRANSACTIONS

8/27/2021

McKim & Creed (Raleigh, NC) (ENR #149) acquired Texas Engineering and Mapping Company (T.E.A.M.) (Stafford, TX), an engineering firm that specializes in land surveying, site development engineering, and subdivision platting. Link to details >

8/31/2021

National employee-owned consulting firm Mead & Hunt (Middleton, WI) (ENR #97) acquired Perkins Engineering Consultants (Arlington, TX), a water and wastewater engineering firm that serves private utilities and municipal and industrial clients.

Link to details >

9/2/2021

Consulting, engineering, and construction services firm Atwell (Southfield, MI) (ENR #104) completed a merger with planning, landscape architecture, and civil engineering company Waldrop Engineering (Bonita Springs, FL). Link to details >

9/2/2021

Private equity firm Wind Point Partners (Chicago, IL) acquired The Vertex Companies (Weymouth, MA) (ENR #442), an engineering and consulting firm that provides forensic consulting, engineering design, construction management, dispute resolution, environmental, and digital solutions. Link to details >

8/30/2021

Architecture and planning firm HMC Architects (Los Angeles, CA) (ENR #173) acquired Rainforth Grau Architects (Sacramento, CA), an architecture firm with a 37-year history of educational design leadership in Northern California. Link to details >

8/31/2021

Multi-discipline civil engineering and surveying firm DRMP (Orlando, FL) (ENR #217) acquired Bussen-Mayer Engineering Group (Merritt Island, FL), a civil engineering, environmental consulting, and land surveying services firm. Link to details >

9/1/2021

Architecture and planning firm E4H Environments for Health Architecture (Boston, MA) (ENR #328) acquired Dixon + Associates (Salt Lake City, UT), a niche architectural design firm focused on the healthcare and medical design industry. Link to details >

8/31/2021

Qualus Power Services (Cincinnati, OH), an electric power engineering and field services firm, acquired Patterson Power Engineers (Chattanooga, TN), an engineering firm with extensive expertise in power system protection, analysis, and design with large utilities. Link to details >

9/1/2021

Full-service consulting firm JSI (Greenbelt, MD) acquired Mid-State Consultants (Nephi, UT), a telecommunications engineering services firm with a focus on rural broadband access issues. Link to details >

GLOBAL TRANSACTIONS

9/2/2021

Environmental consulting and services firm RSK Group (Helsby, UK) acquired MWH Treatment (Salford, UK), a company with a 200-year legacy that operates across the UK water industry. Link to details >

8/30/2021

ENR's #20 ranked global design firm, AFRY (Stockholm, Sweden), acquired INSUCO (Copenhagen, Denmark), an engineering firm specialized in railway design, particularly tracks and stations, as well as drainage and safety. Link to details >

9/1/2021

Global testing, inspection, and certification services firm Bureau Veritas (Paris, France) acquired AET France (Bretteville-sur-Odon, France), a company that specializes in laboratory testing, product development, and sustainability testing. Link to details >

9/1/2021

AESG (London, UK), a specialist consulting, engineering, and advisory firm, acquired Commtech Europe (Thetford, UK), a provider of commissioning and technical services throughout Europe. 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

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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

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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.

Get your copy of the book that's revolutionizing the AEC industry.

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