M&A Activity Report for the week of 8/7/2023 – 8/13/2023

Aug 15, 2023

Zweig Group is the leading AEC Industry, advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team here.

 

Domestic Transactions:

8/8/2023

Expanding further in the U.S. Mid-Atlantic region, consulting, engineering, and construction services firm Atwell (Southfield, MI) acquired engineering, surveying, and environmental firm Bay Engineering (Annapolis, MD). Link to Details.

 

8/9/2023

ARM Group (Hershey, PA), a science and engineering firm that provides civil/environmental, electrical/automation, and technical field services, acquired Resource International (Ashland, VA), a civil/environmental engineering, surveying, and environmental consulting specialist. Resource International will become ARM Resource. Link to Details.

 

8/9/2023

TYLin (San Francisco, CA), a full-service infrastructure consulting firm, acquired Architectural Engineers Collaborative (Austin, TX), a structural engineering firm. Link to Details.

 

8/7/2023

TKDA (Saint Paul, MN), a full-service engineering, architecture, and planning firm, acquired Sáez Consulting Engineers (Bainbridge Island, WA), a civil and structural engineering firm. Link to Details.

 

8/7/2023

WSP (Montreal, Canada), a professional services firm that provides strategic advisory, engineering, and design services, sold Louis Berger Services (Morristown, NJ), an operations and maintenance services specialist for complex infrastructure assets at mission-essential defense and civilian facilities, to Versar (Springfield, VA), a global engineering, environmental, and security services firm and portfolio company of Kingswood Capital Management. Link to Details.

 

8/7/2023

Neuberger Berman (New York, NY), a private investment management firm, agreed to acquire a significant minority stake in ENTRUST Solutions Group (Warrenville, IL), a consulting and engineering services platform for the utility and infrastructure markets. Private equity firm Kohlberg & Company (Mount Kisco, NY) will retain a majority stake in ENTRUST. Link to Details.

 

8/3/2023

Advisory and technology services firm ICF (Reston, VA) acquired power and energy engineering firm CMY Solutions (Chicago, IL). Link to Details.

 

8/7/2023

Civil and structural engineering, land surveying, and environmental consulting firm Horizons Engineering (Littleton, NH) acquired land surveying and septic design firm Land Tech (Ossipee, NH). Link to Details.

 

Global Transactions:

8/8/2023

NV5 (Hollywood, FL), a technology, conformity assessment, and consulting solutions provider, acquired Red Technologies (Singapore), an information technology and utility infrastructure services provider for mission critical data centers. Link to Details.

 

8/8/2023

Montrose Environmental Group (North Little Rock, AR), an environmental solutions firm, acquired Vandrensning (Slagelse, Denmark), a water treatment company specializing in treating landfill leachate for PFAS and heavy metals. Link to Details.

 

8/7/2023

Full-service engineering firm DeSimone Consulting Engineering (New York, NY) acquired structural engineering firm DP Squared (London, UK). Link to Details.

 

7/28/2023

Multidisciplinary consulting, engineering, and project management group Artelia (Saint-Ouen-sur-Seine, France) acquired multidisciplinary engineering firm FNX-INNOV (Montreal, Canada). Link to Details.

 

8/8/2023

Schneider Geospatial (Indianapolis, IN), a GIS-based SaaS solutions provider for the GovTech industry, acquired Spatialest (Coleraine, UK), a SaaS provider of geocentric property record and analysis solutions for the GovTech industry. Link to Details.

 

8/4/2023

Keller Engineering (Ottawa, Canada), a multidisciplinary post-construction building science firm, acquired Criterium-Jansen Engineers (Orangeville, Canada), a firm that specializes in building inspection services for commercial, industrial, and residential properties. Link to Details.

 

 

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Zweig Group, three times on the Inc. 500/5000 list, is the industry leader and premiere authority in AEC firm management and marketing, the go-to source for data and research, and the leading provider of customized learning and training. Zweig Group exists to help AEC firms succeed in a complicated and challenging marketplace through services that include: Mergers & Acquisitions, Strategic Planning, Valuation, Executive Search, Board of Director Services, Ownership Transition, Marketing & Branding, and Business Development Training. The firm has offices in Dallas and Fayetteville, Arkansas.