Business of Engineering

Weekly merger, acquisition, deal update: July 17, 2020

This week Morrissey Goodale reported six deals in the U.S. and four international deals involving companies from the U.S., Canada, United Kingdom, Japan, Vietnam, Ireland and Costa Rica.

By Morrissey Goodale July 17, 2020
Courtesy: Morrissey Goodale

This week Morrissey Goodale reported six deals in the U.S. and four international deals involving companies from the U.S., Canada, United Kingdom, Japan, Vietnam, Ireland and Costa Rica.

M&A Transactions

7/1/2020

Prominent Bay Area structural engineer KPW Structural Engineers (Oakland, CA) joined industry-leading facilities planning and design firm Salas O’Brien (Santa Ana, CA) (ENR #147), creating a combined firm of 35 offices with more than 850 team members. Link to details

7/13/2020

Utility engineering specialist HBK Engineering (Chicago, IL) (ENR #247) joined Quanta Services (Houston, TX), a Fortune 300 company with more than $11 billion in revenue. Link to details

7/10/2020

Contour Engineering (Kennesaw, GA), a multi-discipline consulting engineering firm specializing in geotechnical engineering, special inspections, construction materials testing services, and environmental sciences, joined fast-growing Universal Engineering Sciences (Orlando, FL) (ENR #175). Link to details

7/13/2020

PlanB Consultancy (Lake Oswego, OR) joined ENR’s #17 ranked construction management-for-fee firm, Cumming (Los Angeles, CA). PlanB focuses on providing value-added cost management and comprehensive quantity surveying services. Link to details

7/1/2020

ADVANTEC Consulting Engineers (Irvine, CA), a DBE/SBE consulting firm providing services in engineering design, transportation planning, and Intelligent Transportation Systems (ITS), merged with Q4 Transportation Solutions (Irvine, CA). Link to details

7/14/2020

OF NOTE: One of the industry’s most prolific buyers, Montrose Environmental Group (Irvine, CA), announced that it has commenced an initial public offering of 10,000,000 shares of its common stock. Link to details

6/17/2020

Acuren (Webster, TX), a global provider of nondestructive testing, inspection, and engineering, acquired Suspendem (Gaspe, Canada), a provider of wind turbine maintenance and inspection services. Link to details

7/15/2020

Environmental consulting and services firm RSK Group (Helsby, UK) expanded with the double acquisition of asbestos removal specialist PA Group (Dartford, UK) and civil and structural engineering company RoC Consulting (Manchester, UK). Link to details

7/6/2020

Construction management company Tokyu Construction (Tokyo, Japan) announced its intent to buy architectural structure design company Indochine Engineering (Ho Chi Minh City, Vietnam). Link to details

6/22/2020

Johnson Controls (Cork, Ireland), a multinational conglomerate producing fire, HVAC, and security equipment for buildings, acquired engineering consultancy Termo Aire (San Jose, Costa Rica). Link to details


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