July 26, 2019
11 DEALS REPORTED THIS WEEK 
(5 US / 6 INT'L)
312 U.S. DEALS
LATEST 12 MONTHS
18%
415* GLOBAL DEALS   
LATEST 12 MONTHS  
10%
*including U.S. deals     
Percentages represent latest twelve months year over year increase or decrease in deal activity.

M&A Update - U.S. AEC M&A surges 18%; Deals in VA, IL, OR and PA

MORRISSEY GOODALE LLC


* Click here  to learn about our 
M&A Advisory practice. 

* Click here to see a listing of the mergers and acquisitions facilitated by our team.

M&A Advisory Services

To inquire about our M&A Advisory Services, contact:

Nick Belitz, Principal, at 
303-656-6151 or

Jeff Lookup, Principal Consultant, at 585-738-0667 or


 

Executive Search Services

To inquire about our Executive Search Services, contact:

John Kreiss, Principal Consultant, at 508-934-7207  or

Derwin Irvine, Principal Consultant, at 508-283-3773 or
* Click here to see all the strategic hires made by our Executive Search Team.


 

Strategic Planning Services

To inquire about our Strategic Planning Services, contact:

Mark Goodale, Principal, at 
508-283-9357 or


 

Leadership Training & Development

To inquire about our Leadership Training & Development services, contact:

Mark Goodale, Principal, at 
508-283-9357 or

About Morrissey Goodale

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

Headquarters: 
Riverside Center
275 Grove Street, Suite 2-400 
Newton, MA, 02466
508-650-0040
Denver Office: 
9800 Mount Pyramid Court, 
Suite 400
Englewood, CO 30112

303-656-6151

New York Office: 
510 Clinton Square
Rochester, NY 14604

585-738-0667

Houston Office: 
1980 Post Oak Boulevard,
Suite 1500
Houston, TX 77056

857-524-2211

Chicago Office: 
605 N. Michigan Avenue, Suite 457
Chicago, IL 60611
508-283-9724
  
COMMENTARY & INSIGHT
         
This week's list of deals provides great insight into how the U.S. AEC industry is rapidly globalizing, consolidating, and recapitalizing. To learn more about how the industry is being transformed and what it means for your firm, join us in Houston this October at our 2019 Texas M&A Symposium
 
M&A TRANSACTIONS

7/22/2019
Parsons Corporation (Centreville, VA) (ENR #11) entered into an agreement to acquire QRC Technologies (Fredericksburg, VA) from private equity firm DC Capital Partners (Alexandria, VA) for $215 million in cash.   Link to details >

7/18/2019
EN Engineering (Warrenville, IL) (ENR #74), a leading utility services firm, and private equity firm  Kohlberg & Company (Mount Kisco, NY) announced that they have signed a definitive agreement whereby Kohlberg will acquire a majority stake in EN Engineering from  General Atlantic (Greenwich, CT).   Link to details >

7/18/2019
Environmental services firm  Montrose Environmental Group (Irvine, CA) acquired Air, Water and Soil Laboratories (Richmond, VA), a  full-service environmental laboratory.   Link to details >

7/17/2019
BLRB Architects  (Tacoma, WA) acquired Ascent Architecture and Interiors  (Bend, OR). The move will enhance the range and depth of architectural resources available to Central and Eastern Oregon clients.   Link to details >

7/24/2019
Data analytics and risk assessment firm  Verisk (Jersey City, NJ) signed a definitive agreement to acquire  Keystone Aerial Surveys (Philadelphia, PA). Keystone is the U.S. aerial survey business of PASCO CORPORATION (Tokyo, Japan).    Link to details >

7/24/2019
Multi-disciplinary building services and sustainability consultancy Umow Lai (Victoria, Australia) joined Integral Group (Oakland, CA) (ENR #220), a global engineering and sustainable design  consultancy.   Link to details >      

7/22/2019
Westinghouse Electric Company (Cranberry Township, PA), a global supplier of innovative energy solutions, acquired  NA Engineering Associates (Stratford, Canada), a provider of comprehensive engineering solutions, including significant nuclear expertise.   Link to details >

7/17/2019
Architecture firm  Christine Lintott Architects (Victoria, Canada) joined McLennan Design (Seattle, WA). The combined team will continue to be known as McLennan Design, except in the Canadian market where Christine Lintott Architects will maintain its identity.    Link to details >  

7/16/2019
Icomera (Gothenburg, Sweden), a subsidiary of  ENGIE Ineo (Paris, France), acquired  dg8 design and engineering (Derby, UK) through its subsidiary  Icomera UK (Chatham, UK). dg8 has primarily worked with clients in the rail transport sector.   Link to details >

7/18/2019
Energy consultancy  Xodus Group (Perth, Australia) agreed to acquire  Green Light Environmental (Perth, Australia) as part of its plans to expand in the Asia Pacific region.   Link to details >

7/8/2019
ENR's #89 ranked global design firm,  Assystem (Courbevoie, France), acquired ASCO (Lognes, France).  The purchase will significantly boost Assystem's standing as a project management force in France.   Link to details >
2019 MORRISSEY GOODALE EVENTS
OCTOBER 23-24, 2019
TEXAS M&A SYMPOSIUM 2019 
The Post Oak Hotel at Uptown Houston, HOUSTON, TX

SEPTEMBER 5-6, 2019
A/E CEO EVENT AT FENWAY PARK 2019
Fenway Park, BOSTON, MA  

2019 SPEAKING ENGAGEMENTS
OCTOBER 14, 2019
John Kreiss presents on how to avoid employee turnover, and therefore, increase profits. Turnover is a major profitability killer in engineering firms. John will provide insight on how to retain the best staff by addressing what matters to them the most: autonomy, respect, growth, and compensation.   Details >

  
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