Weekly merger, acquisition, deal update: March 14
This week Morrissey Goodale reported three deals in the United States and three international deals involving Canada, Australia, Switzerland, and South Africa.
3,000-person multi-disciplinary engineering, environmental, construction, and information technology (IT) services firm Conestoga-Rovers & Associates (CRA) (Waterloo, Canada) and global engineering, architecture, and environmental firm GHD (Sydney, Australia) have entered into an agreement to merge the two companies. The transaction is subject to shareholder approval and is expected to close in July 2014. Link to details >
Canadian engineering services firm WSP Group (Montreal, Canada) announced plans to acquire 1,700-person engineering and geomatics firm Focus Group Holding (Alberta, Canada). Focus Group provides services to the oil and gas industry, especially in upstream, oil sands, midstream, and liquefied natural gas (LNG) export infrastructure development projects. Link to details
Global engineering, construction and project management contractor, and power equipment supplier Foster Wheeler (Zug, Switzerland) agreed to acquire MDM Engineering Group (Johannesburg, South Africa), a provider of minerals process and project management services to the mining industry. Link to details
Civil engineering, surveying, planning, and consulting firm Lamp Rynearson (Omaha, NE) has merged with water resources specialist TZA Water Engineers (Lakewood, CO). Link to details
Engineering, planning, and scientific firm Fay, Spofford & Thorndike (FST) (Burlington, MA) acquired 18-person environmental engineering, consulting, and project management firm Norfolk Ram Group (Plymouth, MA). Link to details
Geospatial solutions provider Surveying And Mapping, Inc. (SAM, Inc.) (Austin, TX) completed an investment agreement with venture capital firm Austin Ventures (Austin, TX). The transaction positions the company for its next stage of growth to expand both service capabilities and geographic coverage. Link to details