331 U.S. DEALS
LATEST 12 MONTHS
9%
480* GLOBAL DEALS
LATESTS 12 MONTHS
8%
*Including U.S. deals    
Percentages represent latest twelve months year-over-year increase or decrease in deal activity.
M&A Update - U.S. M&A up 9%; Private equity leading the charge
COMMENTARY & INSIGHT
 
We report five domestic deals this week - all involving private equity (PE). PE-backed deals have more than doubled since 2016 and now account for more than 30% of all A/E industry transactions. Join us this June for our CEO and C-Suite VR Conference to get the latest M&A intel and understand what the the great recapitalization of our industry means for both buyers and sellers looking to explore deals in 2021 and beyond.
´╗┐DOMESTIC TRANSACTIONS

5/12/2021
High performer Ardurra Group (Tampa, FL) (ENR #190), backed by RTC Partners (New York, NY), acquired and merged with Infrastructure Engineering Corporation (Poway, CA), an engineering and construction management firm specializing in the water, wastewater, and public works markets. Link to details >

5/12/2021
Environmental and engineering firm GeoInsight (Manchester, NH) joined Hull & Associates (Dublin, OH) (ENR #256), Duffield Associates (Wilmington, DE), and HSW Consulting (Tampa, FL) as part of a national platform of companies providing environmental, energy, water, and civil infrastructure capabilities. The platform, which is separate from Ardurra's, is also sponsored by RTC Partners. Link to details >

5/7/2021
Alliance Technical Group (Decatur, AL), backed by Align Capital Partners (Dallas, TX), completed its 11th add-on acquisition with the purchase of Air Quality Services (Evansville, IN), a provider of air-related environmental services. Link to details >

5/11/2021
Prime Engineering (Atlanta, GA), a provider of architecture, engineering, and surveying services, received a strategic investment from Godspeed Capital (Washington, DC), a lower-middle-market defense & government services, solutions, and technology-focused private equity firm. Link to details >

5/13/2021
Civil engineering and land surveying firm Wilsey Ham (San Mateo, CA) joined Richard Brady & Associates (San Diego, CA), an engineering firm, backed by JMH Capital Partners (Boston, MA), specializing in the water infrastructure and electrical utility markets. Link to details >

GLOBAL TRANSACTIONS

5/11/2021
ENR's #18 ranked global design firm, AFRY (Stockholm, Sweden), acquired TM Konsult AB (Stockholm, Sweden), an architectural and technical consulting company with extensive experience in the construction and real estate markets. Link to details >
UPCOMING EVENTS
JUNE 9-10, 2021
VR CEO & C-SUITE CONFERENCE
Virtual Reality Event

The first-ever 2-day fully immersive VR Conference for A/E executives. Group discounts available.

OCT 21-22, 2021
TEXAS M&A SYMPOSIUM
Houston, TX

THE event for Texas A/E or environmental consulting firm leaders and firms that want to grow in the Texas market. Registration opens soon!

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.

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.

M&A Advisory Services

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

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

Jeff Lookup, CM&AA, Principal Consultant, at 585-738-0667 or

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

Jon Escobar, CM&AA, Consultant, at
´╗┐224-577-8595 or
Executive Search Services

To inquire about our Executive Search Services, contact:

Lisa Elster, Executive Recruiter, at
508-758-0191 or

Virtual Reality Services

To inquire about our Virtual Reality Services, contact:

Brendon Cussio, Principal Consultant, at 720-309-0704 or
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
THE RECAPITALIZATION OF THE A/E INDUSTRY BY PRIVATE EQUITY
Mick Morrissey, Managing Principal at Morrissey Goodale, visits the Engineering Influence podcast to discuss the reasons behind the accelerating flow of private equity capital into engineering firms. Click here to listen.
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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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!
About Morrissey Goodale

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

Headquarters: 
Natick Office Suites
209 W. Central Street, Suite 317
Natick, MA, 01760
508-650-0040
Denver Office: 
9800 Pyramid Court, 
Suite 400
Englewood, CO 30112
303-656-6151
New York Office: 
160 Linden Oaks
Rochester, NY 14625
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
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