Weekly merger and acquisition update: December 11, 2020
This week Morrissey Goodale reported four deals in the U.S. and four international deals involving companies from the U.S., Canada, the United Kingdom, Sweden, Ireland, Jersey and Guernsey.
This week Morrissey Goodale reported four deals in the U.S. and four international deals involving companies from the U.S., Canada, the United Kingdom, Sweden, Ireland, Jersey and Guernsey.
M&A TRANSACTIONS
12/7/2020
Industry leader Terracon (Olathe, KS) (ENR #22) acquired TAM Consultants (Williamsburg, VA), a professional services firm providing a full range of facilities engineering and design services to public and private sector clients. Link to details
12/10/2020
AECOM (Los Angeles, CA) (ENR #2) announced the signing of a definitive agreement to sell its civil construction business to affiliates of Oroco Capital (Bethesda, MD). The transaction is expected to close in January 2021. Link to details
12/7/2020
Iteris (Santa Ana, CA), a global provider of smart mobility infrastructure management solutions, acquired TrafficCast International (Madison, WI). TrafficCast provides travel information technology, applications, and content to media, mobile technology, automotive, and public sector customers throughout North America. Link to details
12/7/2020
Procon Consulting (Arlington, VA), a full-service construction project management firm, acquired Lutz Engineering (Wilmington, DE), a mechanical engineering firm with expertise in commissioning, energy, and building automation services. Link to details
12/4/2020
Stephenson Engineering (Toronto, Canada), a structural engineering firm with expertise in high-rise buildings, healthcare, and transportation, joined industry-leading facilities planning and design firm Salas O’Brien (Santa Ana, CA) (ENR #147). Link to details
12/4/2020
International development and construction company Skanska (Stockholm, Sweden) signed a binding Business Purchase Agreement for the divestment of its infrastructure services business in the UK to M Group Services (Stevenage, UK). Link to details
12/2/2020
RED (London, UK), a global company providing building services and ICT engineering solutions, acquired multi-discipline engineering consultancy Callaghan Engineering (Dublin, Ireland). Link to details
12/8/2020
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