Weekly merger, acquisition, deal update: March 31
This week Morrissey Goodale reported one deal in the United States and three international deals involving companies from Australia, Denmark, Sweden, and Spain.
This week Morrissey Goodale reported one deal in the United States and three international deals involving companies from Australia, Denmark, Sweden, and Spain.
M&A Transactions
3/27/2017
Lu Engineers (Rochester, NY) has been acquired by Cletus O. Ezenwa, P.E. (Buffalo, NY). The firm will nearly double its workforce to over 40 and Ezenwa will serve as the CEO. Ezenwa was one of the two founding partners at Prudent Engineering (East Syracuse, NY) where he recently sold his shares to the remaining partner. Link to details
3/27/2017
PDR Engineers (Cairns, Australia) joined SMEC (Melbourne, Australia), ENR’s #69th ranked global design firm. PDR provides structural, civil, geotechnical and mining engineering services to government and corporate clients. Link to details
3/24/2017
COWI (Lyngby, Denmark) (ENR #218) acquired Projektbyran (Stockholm, Sweden), a company that specializes in project management services. The acquisition strengthens COWI’s competencies in the management of large, complex urbanization projects. Link to details
3/23/2017
ENR’s #166 ranked international design firm, ACCIONA (Madrid, Spain) acquired The Geotech Group (Port Melbourne, Australia), an engineering and construction company. ACCIONA has been operating in Australia since 2002 and has been involved in infrastructure and renewable energy projects. Link to details
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