Weekly merger and acquisition update: February 10, 2023

This week Morrissey Goodale reported eight U.S. deals and four international deals involving companies from Finland and the United Kingdom.

By Morrissey Goodale February 10, 2023
Courtesy: Morrissey Goodale.

This week Morrissey Goodale reported eight U.S. deals and four international deals involving companies from Finland and the United Kingdom.

M&A Transactions

2/8/2023
AE Industrial Partners (Boca Raton, FL) entered into a definitive agreement to sell engineering and environmental services firm Enercon Services (Kennesaw, GA) (ENR #92) to Oaktree Capital Management (Los Angeles, CA). Link to details >

2/6/2023
Multi-disciplinary consulting firm Pennoni (Philadelphia, PA) (ENR #95) acquired certain assets of Andersen Engineering Associates (Sellersville, PA), a firm that provides engineering and surveying services to municipal, institutional, commercial, and private sector clients. Link to details >

2/6/2023
Geotechnical, environmental, ecological, water, and CM services firm GZA GeoEnvironmental (Norwood, MA) (ENR #130) acquired Equity Environmental Engineering (Mount Olive, NJ), a planning and environmental consulting firm. Link to details >

2/7/2023
Engineering, planning, and construction firm KCI (Sparks, MD) (ENR #48) acquired National Telecom Design (Fredericksburg, VA), a firm focused on the telecom industry with experience in the design and installation of aerial and underground fiber. Link to details >

2/7/2023
Architecture, engineering, environmental, and planning firm ISG (Mankato, MN) (ENR #250) acquired architecture and interior design firm ETHOS Design Group (Ankeny, IA). Link to details >

2/2/2023
J.S. Held (Jericho, NY), one of the AE industry’s most prolific buyers, acquired Failure Analysis & Prevention (North Kingstown, RI), an engineering firm that advises clients in the areas of power generation, oil and gas production, mining, transportation, pulp and paper production, and construction. Link to details >

2/8/2023
Civil engineering firm PRD Land Development Services (Pearland, TX) acquired American Civil Engineering Services (Conroe, TX), an engineering design and environmental consulting firm. Link to details >

2/1/2023
Cape & Islands Engineering (Mashpee, MA), a civil engineering, surveying, and environmental permitting services firm, merged with Holmes & McGrath (Falmouth, MA), a land surveying and civil engineering firm. Link to details >

2/6/2023
ENR’s #24 ranked construction management-for-fee firm, Turner & Townsend (Leeds, UK), reached an agreement to join forces with Alinea (London, UK), a cost management firm. Link to details >

2/2/2023
Environmental consulting and services firm RSK Group (Helsby, UK) enhanced its insight and consultancy services with the acquisition of BMG Research (Birmingham, UK). Link to details >

2/2/2023
Konkret (Helsinki, Finland), an architectural designer for commercial properties, residential, and industrial buildings, joined infrastructure consulting firm AINS Group (Tampere, Finland). Link to details >

2/1/2023
Environmental firm Adler and Allan (Harrogate, UK) acquired Aqua Consultants (Bradford, UK), a firm that offers asset management, engineering, and commercial services to the water, energy, and environmental sectors. Link to details >

 


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