Weekly merger, acquisition, deal update: September 5

This week Morrissey Goodale reported two deals in the United States and four international deals involving companies from the United States, the United Kingdom, France, and Canada.

By Morrissey Goodale September 5, 2014

This week Morrissey Goodale reported two deals in the United States and four international deals involving companies from the United States, the United Kingdom, France, and Canada.

M&A Transactions

9/3/2014

WSP Global (Montreal, Canada) has announced that it has entered into a stock purchase agreement with Balfour Beatty to acquire Parsons Brinckerhoff (New York, NY), the professional services division of Balfour Beatty for an enterprise value of $1.24 billion. The deal adds 13,500 employees to WSP’s network of 17,500 employees worldwide. Link to details

9/2/2014

Global professional services corporation, Louis Berger (Morristown, NJ) acquired Leidos Engineering’s (Reston, VA) Water and Waste Resource division. The division will be integrated into Louis Berger’s U.S.-based operating company, The Louis Berger Group, Inc. Link to details

8/28/2014

Stantec (Edmonton, Canada) signed a letter of intent to acquire Penfield & Smith (Santa Barbara, CA), a 90-person civil engineering and land planning firm. The transaction is expected to close in October. Link to details

8/27/2014

Leading innovator in water, wastewater, stormwater, and hazardous water engineering solutions, Tata & Howard (Marlborough, MA) acquired the assets of Roald Haestad (Waterbury, CT), a civil engineering consulting firm. Tata & Howard will continue operations from Haestad’s Waterbury location, along with existing Roald Haestad employees. Link to details

9/3/2014

Ryder Architecture (Newcastle, UK) has further expanded its Glasgow business after merging with Armitage Associates (Glasgow, UK), an architectural and interior design firm. Armitage’s four staff joined Ryder’s Glasgow office. Link to details

9/2/2014

Bureau Veritas (Neuilly-sur-Seine, France) acquired MatthewsDaniel (London, UK), a firm primarily serving the insurance market including the offshore oil and gas industry. Bureau Veritas is a laboratory testing, inspection, and certification services firm. Link to details