Business of Engineering

Weekly merger and acquisition update: April 9, 2021

This week Morrissey Goodale reported five deals in the U.S. and six international deals involving companies from Canada, Australia, Sweden, Finland and the United Kingdom.

By Morrissey Goodale April 9, 2021
Courtesy: Morrissey Goodale

This week Morrissey Goodale reported five deals in the U.S. and six international deals involving companies from Canada, Australia, Sweden, Finland and the United Kingdom.

M&A TRANSACTIONS

4/5/2021

Industry leader Terracon (Olathe, KS) (ENR #22) acquired Sport Environmental Services (Midland, TX), a provider of environmental services and consulting to energy production/oil and gas clients in the Permian Basin. Link to details

4/8/2021

Employee-owned engineering, environmental, and surveying consulting firm Haley Ward (Brewer, ME), formerly CES, Inc., purchased the GeoEnvironmental division of S.W. Cole Engineering (Bangor, ME). Link to details

4/8/2021

PRIME AE Group (Baltimore, MD) (ENR #246) acquired Penza Bailey Architects (Baltimore, MD), an architecture firm that serves the K-12, higher education, justice, Federal, commercial, and custom residential markets. Link to details

4/2/2021

Sebago Technics (South Portland, ME), a civil engineering, survey, transportation, landscape architecture, and environmental services consulting firm, acquired surveying firm Titcomb Associates (Falmouth, ME). Link to details

4/8/2021

Full-service infrastructure consulting firm T.Y. Lin International (San Francisco, CA) (ENR #38) acquired structural engineering firm Silman (New York, NY). The deal will strengthen T.Y. Lin’s Buildings Market Sector throughout the Americas. Link to details

4/8/2021

ENR’s #11 ranked global design firm, Stantec (Edmonton, Canada), signed a Letter of Intent to acquire Engenium (Perth, Australia), a project delivery consultancy specializing in the delivery of mining, resources, and industrial infrastructure projects. Link to details

4/7/2021

ENR’s #19 ranked global design firm, Sweco (Stockholm, Sweden), signed an agreement to acquire Gaia Consulting Oy (Turku, Finland), the largest sustainability consultancy in Finland. Link to details

4/6/2021

ENR’s #17 ranked global design firm, AFRY (Stockholm, Sweden), acquired Suunnittelukide Oy (Tampere, Finland), an engineering and construction contracting firm that specializes in bridge and special structures engineering. Link to details

4/6/2021

Lucion Services (Gateshead, UK), an international group of risk management and environmental companies, acquired multi-disciplinary environmental firm Delta-Simons Environmental Consultants (Lincoln, UK). Link to details

3/29/2021

TSA Management (Sydney, Australia) acquired Capital Projects Advisory, a service line within Worley’s Advisian business (North Sydney, Australia), which specializes in the delivery of capital projects in the public infrastructure sector. Link to details

4/7/2021

ENR’s #14 ranked environmental firm, ERM (London, UK), acquired First Option Safety Group (London, UK), a health and safety firm serving the media and entertainment sector. Link to details


Morrissey Goodale