Business of Engineering

Weekly merger, acquisition, deal update: December 13

This week Morrissey Goodale reported six deals in the U.S. and three international deals involving companies from the United Kingdom, Canada, France, and Denmark.
By Morrissey Goodale December 13, 2019
This week Morrissey Goodale reported six deals in the U.S. and three international deals involving companies from the United Kingdom, Canada, France, and Denmark.
12/10/2019
PRIME AE Group (Baltimore, MD) (ENR #221) entered into a strategic partnership with long-term investment holding firm NewHold Enterprises (New York, NY). The partnership will serve to provide investment in PRIME AE’s long-term growth and success in the AE industry.  Link to details
12/11/2019
Jensen Hughes (Baltimore, MD) (ENR #73), a global leader in safety, security, and risk-based engineering and consulting, acquired IFIC Forensics (Glasgow, UK), a forensics firm specializing in fire, explosion, chemical spill, and water escape investigations across marine and other commercial industries.  Link to details
12/4/2019
K-12 education specialist Bray Architects (Milwaukee, WI) acquired architectural design and planning firm Bracke.Hayes.Miller.Mahon (Moline, IL).  Link to details
12/11/2019
Davey Tree Expert Co. (Kent, OH) subsidiary, Davey Resource Group (Kent, OH), acquired Amy S. Greene Environmental Consultants (Flemington, NJ). Greene provides environmental consulting services with an emphasis on natural resource analysis, permitting, and environmental planning.  Link to details
12/12/2019
Epoch (South Bend, IN), an 11-person architecture design firm, joined Shive-Hattery (Cedar Rapids, IA) (ENR #263). The integration complements design capabilities for both firms and creates a stronger Indiana presence for Shive-Hattery.  Link to details
12/10/2019
BDC Capital’s Growth & Transition Capital division (Montreal, Canada) provided mezzanine financing to support a management buyout of telecommunications engineering firm Varcon (Fredericton, Canada).  Link to details
12/10/2019
ENR’s #63 ranked global design firm, Artelia Group (Lyon, France), acquired MOE (Copenhagen, Denmark), a multidisciplinary engineering firm of more than 900 employees.  Link to details

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