Weekly merger and acquisition update: August 11, 2023

This week Morrissey Goodale reported five domestic and four global transactions involving companies from the U.S., U.K., Canada, Singapore and Denmark.

Domestic transactions

08/03/2023

ENR’s #43 ranked environmental firm, ICF International (Reston, VA), added energy engineering, technology, and data analytics capabilities with the acquisition of power and energy engineering firm CMY Solutions (Chicago, IL). Link to details

08/07/2023

Engineering and architecture firm TKDA (Saint Paul, MN) (ENR #285) expanded its transportation and facilities capabilities with the acquisition of Sáez Consulting Engineers (Bainbridge Island, WA), a firm that offers site development, transportation, vertical structures, and construction management solutions. Link to details

08/07/2023

ENR’s #6 ranked global design firm, WSP (Montreal, Canada), sold Louis Berger Services (Morristown, NJ) to ENR’s #198 ranked environmental firm, Versar (Springfield, VA). Louis Berger Services specializes in operations and maintenance services at large, mission-essential defense installations, and civilian facilities. Link to details

08/07/2023

Private investment management firm Neuberger Berman (New York, NY) agreed to acquire a significant minority stake in ENTRUST Solutions Group (Warrenville, IL) (ENR #45). Neuberger Berman will join existing investor Kohlberg & Company (Mount Kisco, NY), who will retain a majority stake in ENTRUST. Link to details

08/07/2023

Horizons Engineering (Littleton, NH), a civil and structural engineering, land surveying, and environmental consulting firm, acquired land surveying firm Land Technical Service (Ossipee, NH). Link to details

08/09/2023

Infrastructure consulting firm TYLin (San Francisco, CA) (ENR #32) acquired structural engineering firm Architectural Engineers Collaborative (Austin, TX), a company with extensive experience in architectural engineering. Link to details

Global transactions

07/28/2023

ENR’s #49 ranked global design firm, Artelia (Saint-Ouen-sur-Seine, France), acquired FNX-INNOV (Montreal, Canada), an engineering firm with expertise in infrastructure, energy, the environment, earth sciences, water treatment, buildings, industry and telecommunications. Link to details

08/04/2023

Multidisciplinary post-construction building science firm Keller Engineering (Ottawa, Canada) acquired Criterium-Jansen Engineers (Orangeville, Canada), a firm focused on building inspection services for commercial, industrial, and residential clients. Link to details

08/07/2023

Engineering firm DeSimone Consulting (New York, NY) (ENR #271) continued its international expansion with the acquisition of structural engineering firm DP Squared (London, UK). Link to details

08/08/2023

Technology, conformity assessment, and consulting solutions firm NV5 (Hollywood, FL) (ENR #22) acquired Red Technologies (Singapore), a firm that provides information technology and utility infrastructure services for mission-critical data centers. Link to details

08/08/2023

ENR’s #40 ranked environmental firm, Montrose Environmental Group (North Little Rock, AR), acquired Vandrensning (Slagelse, Denmark), a water treatment firm specializing in treating landfill leachate for PFAS and heavy metals. Link to details

08/08/2023

Schneider Geospatial (Indianapolis, IN), a GIS-based SaaS firm offering land and asset management solutions for the GovTech industry, acquired Spatialest (Coleraine, UK), a SaaS services firm that provides geo-centric property record and analysis solutions in the GovTech industry. Link to details

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