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Business of Engineering

Weekly merger, acquisition, deal update: July 3, 2020

This week Morrissey Goodale reported two deals in the U.S. and two international deals involving companies from the Australia, Canada and France.

By Morrissey Goodale July 5, 2020
Courtesy: Morrissey Goodale

This week Morrissey Goodale reported two deals in the U.S. and two international deals involving companies from the Australia, Canada and France.

M&A Transactions

7/1/2020

Process Results, Inc. (PRI) (Saline, MI), a process engineering firm with proficiency in the chemical, pharmaceutical, specialty process, industrial, and consumer product industries, joined IMEG Corp. (Rock Island, IL) (ENR #84). Link to details

7/1/2020

In IMEG‘s (Rock Island, IL) (ENR #84) second deal announced this week, geotechnical engineering services provider Whitney & Associates (Peoria, IL) joined the Firm. Link to details

7/1/2020

Private equity firm Round Table Capital Partners (New York, NY) completed an investment in leading environmental and engineering consulting firm Hull & Associates (Dublin, OH) (ENR #456). Link to details

7/1/2020

Employee-owned KCI Technologies (Sparks, MD) (ENR #54) acquired civil and environmental engineering company Hulsey McCormick & Wallace (Piedmont, SC). Link to details

7/1/2020

David Evans and Associates (Portland, OR) (ENR #102), a recognized leader in the design and management of complex transportation, land development, water resources, and energy projects, acquired the assets of CHS Engineers (Bellevue, WA). Link to details

6/30/2020

Cartegraph (Dubuque, IA), a firm offering SaaS solutions that help local government agencies manage their physical assets and operations, acquired GIS technology provider PenBay Solutions (Topsham, ME). Link to details 

6/29/2020

Independent electrical testing and engineering services firm Potomac Testing (Crofton, MD) acquired Electrical Maintenance & Testing (Carmel, IN), a NETA accredited independent third-party electrical testing firm. Link to details

6/30/2020

CIVC Partners (Chicago, IL) sold a majority equity interest in GPRS (Toledo, OH) to Kohlberg & Company (Mount Kisco, NY). GPRS provides utility locating and concrete scanning services to utilities, contractors, engineering firms, and environmental consultants. Link to details

6/29/2020

ENR’s #6 ranked global design firm, WSP (Montreal, Canada), and Altus Group (Toronto, Canada), a leading provider of software, data solutions, and independent advisory services, finalized the combination of their respective geomatics businesses to form GeoVerra. Link to details


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