M&A Update - Woolpert acquires in TX; Nine other deals

298 U.S. DEALS

LATEST 12 MONTHS

12%

422* GLOBAL DEALS

LATEST 12 MONTHS

13%

*Including U.S. deals

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

M&A Update - Woolpert acquires in TX; Nine other deals

HEADLINE TRANSACTION

MARCH 2021: Pioneering AEG and strategic consulting firm Woolpert (Dayton, OH) (ENR #72) acquired fast-growing CivilTech Engineering (Cypress, TX), a multidisciplinary engineering firm that specializes in transportation, water resources, municipal, structural, and construction services. Link to details >

Morrissey Goodale initiated the transaction and advised CivilTech Engineering >

COMMENTARY & INSIGHT

With 86 U.S. deals announced since January 1st, industry M&A is tracking to have a blowout first quarter! Join the Morrissey Goodale M&A team on March 25th for our Q1 Virtual Reality + Livestream M&A Symposium to learn more about why A/E consolidation is now poised for yet another record year.

M&A TRANSACTIONS

3/2/2021

Industry leader Terracon (Olathe, KS) (ENR #22) acquired GET Solutions (Virginia Beach, VA), a geotechnical, environmental, and materials testing firm serving clients throughout the Mid-Atlantic region. Link to details >

3/4/2021

Fast-growing Universal Engineering Sciences (UES) (Orlando, FL) (ENR #175) acquired SUMMIT Engineering, Laboratory & Testing (Fort Mill, SC). The deal marks UES's eighth acquisition in two years. Link to details >

3/3/2021

ENR's #13 ranked construction management-for-fee firm, Atlas Technical Consultants (Austin, TX), entered into a definitive agreement to acquire Atlantic Engineering Laboratories (Avenel, NJ), a materials testing and inspection firm. Link to details >

3/1/2021

IMEG Corp. (Rock Island, IL) (ENR #84) acquired Mendenhall Smith Structural Engineers (Las Vegas, NV), a structural engineering firm that serves the hospitality, entertainment, education, multi-family, and commercial markets. Link to details >

3/4/2021

Engineering and design firm Olsson (Lincoln, NE) (ENR #94) executed a purchase agreement to acquire Premier Engineering Corporation (Chandler, AZ), a provider of transportation, civil, structural, geotechnical, and land survey services. Link to details >

3/2/2021

Sedgwick (Memphis, TN), a global provider of technology-enabled risk, benefits and integrated business solutions, acquired building consulting firm Construction Services Company (Sacramento, CA). Link to details >

3/4/2021

One of the industry's most prolific buyers, J.S. Held (Jericho, NY), acquired Sense Studio Limited (London, UK), a provider of architectural expert witness, dispute avoidance, and dispute resolution services. Link to details >

3/2/2021

Englobe (Quebec, Canada), a provider of soil/biomass treatment, quality management, and environmental engineering, acquired Terraprobe (Brampton, Canada), a geotechnical, environmental, and hydrogeological engineering firm. Link to details >

3/3/2021

Unispace (Sydney, Australia), a provider of workplace strategy, interior design, and construction services, agreed to be acquired by private investment firm PAG (Hong Kong, China). Link to details >

UPCOMING EVENTS

MARCH 23, 2021

NEW REALITY: 2021 EDITION

Virtual Reality + Livestream Event

Join Mick Morrissey and Mark Goodale as they discuss the industry’s New Reality in 2021.

Read what CEOs had to say about our past VR events here >

MARCH 25, 2021

Q1 M&A SYMPOSIUM

Virtual Reality + Livestream Event

Join Mick Morrissey, Nick Belitz and Jon Escobar as they discuss M&A activity and trends, deal pricing and outlook for the rest of the year.

Read what CEOs had to say about our past VR events here >

JUNE 8-10, 2021

VR CEO CONFERENCE

Virtual Reality Event

Keep me updated >

This is NOT another webinar or Zoom "conference." This is fully immersive and interactive 3D VR with your peers! It’s the next best thing to being together!

Read what CEOs had to say about our past VR events here >

JOB OPPORTUNITIES WITH MORRISSEY GOODALE

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 >

CHALLENGES AND OPPORTUNITIES FOR ENGINEERING FIRMS IN 2021

Mark Goodale, Principal at Morrissey Goodale, visits the Engineering Influence podcast to discuss the current state of the engineering market, what firms can expect over the next year, and what steps they can take to prosper. 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.

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