Weekly merger, acquisition, deal update: August 15
This week Morrissey Goodale reported two deals in the United States and three international deals involving companies from the United States, Canada, Australia, the United Kingdom, and Japan.
This week Morrissey Goodale reported two deals in the United States and three international deals involving companies from the United States, Canada, Australia, the United Kingdom, and Japan.
M&A Transactions
8/13/2014
Architecture, interior design, planning, and branding firm, ADD (Boston, MA) has signed a letter of intent to merge with Stantec (Edmonton, Canada). Stantec provides professional consulting in planning, engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics. Link to details
8/11/2014
Consulting, design, design-build, and management firm, Gannett Fleming (Camp Hill, PA) acquired the business of Innovative Engineering (York, PA), a 24-person electrical design-build contractor doing business as IETC. IETC will operate as IETC, a Gannett Fleming Company. Link to details
8/8/2014
Full-service engineering and architecture firm, Farnsworth Group (Bloomington, IN) acquired the Champaign, IL office of Foth Infrastructure & Environment (Green Bay, WI). Foth’s Champaign office provides transportation, water, wastewater, municipal, stormwater, structural, and land development engineering services. Link to details
8/8/2014
Oil and gas engineering and construction company, Clough (West Perth, Australia) announced the acquisition of LNG engineering firm CH-IV International (Houston, TX). Clough is a wholly owned subsidiary of Murray & Roberts. Link to details
8/8/2014
Multi-national advisory and design consultancy firm, Hyder Consulting (London, UK) and Nippon Koei (Tokyo, Japan), have reached an agreement on the terms of a recommended cash offer for Nippon Koei to acquire Hyder. Hyder had previously agreed to terms on a recommended cash offer from ARCADIS before accepting the bid from Nippon Koei. Link to details
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