Business of Engineering

Weekly merger, acquisition, deal update: July 26

This week Morrissey Goodale reported four deals in the U.S. and seven international deals involving companies from Japan, Australia, Canada, France, and the U.K.
By Morrissey Goodale July 26, 2019
This week Morrissey Goodale reported four deals in the U.S. and seven international deals involving companies from Japan, Australia, Canada, France, and the U.K.
7/22/2019
Parsons Corporation (Centreville, VA) (ENR #11) entered into an agreement to acquire QRC Technologies (Fredericksburg, VA) from private equity firm DC Capital Partners (Alexandria, VA) for $215 million in cash.  Link to details
7/18/2019
EN Engineering (Warrenville, IL) (ENR #74), a leading utility services firm, and private equity firm Kohlberg & Company (Mount Kisco, NY) announced that they have signed a definitive agreement whereby Kohlberg will acquire a majority stake in EN Engineering from General Atlantic (Greenwich, CT).  Link to details
7/18/2019
Environmental services firm Montrose Environmental Group (Irvine, CA) acquired Air, Water and Soil Laboratories (Richmond, VA), a full-service environmental laboratory.  Link to details
7/17/2019
BLRB Architects (Tacoma, WA) acquired Ascent Architecture and Interiors (Bend, OR). The move will enhance the range and depth of architectural resources available to Central and Eastern Oregon clients.  Link to details
7/24/2019
Data analytics and risk assessment firm Verisk (Jersey City, NJ) signed a definitive agreement to acquire Keystone Aerial Surveys (Philadelphia, PA). Keystone is the U.S. aerial survey business of PASCO CORPORATION (Tokyo, Japan).  Link to details
7/24/2019
Multi-disciplinary building services and sustainability consultancy Umow Lai (Victoria, Australia) joined Integral Group (Oakland, CA) (ENR #220), a global engineering and sustainable design consultancy.  Link to details
7/22/2019
Westinghouse Electric Company (Cranberry Township, PA), a global supplier of innovative energy solutions, acquired NA Engineering Associates (Stratford, Canada), a provider of comprehensive engineering solutions, including significant nuclear expertise.  Link to details
7/17/2019
Architecture firm Christine Lintott Architects (Victoria, Canada) joined McLennan Design (Seattle, WA). The combined team will continue to be known as McLennan Design, except in the Canadian market where Christine Lintott Architects will maintain its identity.  Link to details
7/16/2019
Icomera (Gothenburg, Sweden), a subsidiary of ENGIE Ineo (Paris, France), acquired dg8 design and engineering (Derby, UK) through its subsidiary Icomera UK (Chatham, UK). dg8 has primarily worked with clients in the rail transport sector.  Link to details
7/18/2019
Energy consultancy Xodus Group (Perth, Australia) agreed to acquire Green Light Environmental (Perth, Australia) as part of its plans to expand in the Asia Pacific region.  Link to details
7/8/2019
ENR’s #89 ranked global design firm, Assystem (Courbevoie, France), acquired ASCO (Lognes, France). The purchase will significantly boost Assystem’s standing as a project management force in France.  Link to details

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