Weekly merger, acquisition, deal update: February 15

This week Morrissey Goodale reported two deals in the United States and one in Australia.

02/15/2013


This week Morrissey Goodale reported two deals in the United States and one in Australia.

This week Morrissey Goodale reported two deals in the United States and one in Australia. Courtesy: Morrissey Goodale 

M&A Transactions

2/13/2013

Through its energy and sustainability services division, EYP Energy (Albany, NY), leading integrated architecture, engineering and design firm EYP merged with The Weidt Group (Minnetonka, MN), a leading building energy and software consultancy with offices in Minnesota, Colorado, Iowa and Wisconsin. The Weidt Group specializes in the application of its proprietary energy software modeling tools, energy benchmarking and analysis services, software development capabilities, and measurement and verification services and works alongside design teams, building owners, manufacturers, utility companies and state and local governments as they look to manage the environmental and energy impacts of building design, construction and operation. The strategic merger will complement EYP Energy's 30 years of experience and existing platform of energy analysis, implementation and commissioning services. Link to details

2/11/2013

Leading engineering, planning, environmental services, landscape architecture and survey firm Littlejohn Engineering Associates (Nashville, TN) acquired GW Jones & Sons Consulting Engineers (GWJ) (Huntsville, AL), a civil, sanitary, municipal, industrial and structural engineering and surveying firm to the transportation, aviation, industrial, municipal and utility sectors. Link to details  

2/13/2013

International infrastructure and environmental services consultancy Cardno Limited (Brisbane, Australia) acquired Geotech Materials Testing Services (Geotech) (Bunbury, Australia), a 190-person construction materials testing firm servicing clients on major mining, liquefied natural gas (LNG) and government infrastructure projects. Cardno will pay up to $26.7 million for Geotech (with 30-percent subject to the attainment of performance targets over the next 12 months and an additional 3-percent deferred for 24 months) and on a forward-looking basis the firm is expected to contribute to Cardno approximately $23 million in revenue and $5.3 million in EBIT over the next 12 months. The acquisition will be funded through an approximate mix of 75% cash and 25% shares. Link to details



No comments