Business of Engineering

Weekly merger and acquisition update: February 26, 2021

This week Morrissey Goodale reported four deals in the U.S. and four international deals involving companies from the U.S., Canada and United Kingdom.

By Morrissey Goodale February 26, 2021
Courtesy: Morrissey Goodale

This week Morrissey Goodale reported four deals in the U.S. and four international deals involving companies from the U.S., Canada and United Kingdom.

M&A TRANSACTIONS

2/23/2021

Private investment firm Hennick & Company (Toronto, Canada) completed a strategic partnership with RATIO Design (Indianapolis, IN) (ENR #347), an international design firm offering architecture, interior design, landscape architecture, urban design, and preservation services. Link to details

2/2/2021

Private equity firm AE Industrial Partners (Boca Raton, FL) acquired ENERCON (Kennesaw, GA) (ENR #87), an engineering and environmental services firm focused on serving the energy and industrial markets. Link to details

2/23/2021

ENR’s #7 ranked global design firm, WSP (Montreal, Canada), acquired ENR’s #195 ranked environmental firm Earth Consulting Group (Marietta, GA). The acquisition will strengthens WSP’s capabilities in strategic environmental engineering and consulting services, compliance, due diligence, and data management. Link to details

2/22/2021

Industry leader NV5 (Hollywood, FL) (ENR #27) acquired TerraTech Engineers (Raleigh, NC), a geotechnical engineering, environmental consulting, and construction materials testing firm. Link to details

2/22/2021

Koniag (Kodiak, AK), an Alaska Native regional corporation, acquired Great Northern Engineering (Palmer, AK), a civil, structural, electrical, mechanical, and instrumentation engineering firm. Link to details

2/11/2021

REX Engineering Group (Naperville, IL) completed a merger with Edwards Construction Services (Ocala, FL) and Integrated Construction Company (Chicago, IL) and announced that the two companies will come together to form REX Construction Services (Ocala, FL). Link to details

2/22/2021

Land surveying and site engineering firm Survey Solutions (Ipswich, UK) acquired Survey Systems (Manchester, UK) and Kempston Surveys (Bedfordshire, UK). The acquisitions increase Survey Solutions headcount to 160 people. Link to details

2/19/2021

AqualisBraemar LOC (London, UK) entered into a definitive agreement to acquire East Point Geo (Norwich, UK), an independent geoscience consultancy providing support for major offshore and onshore engineering projects. Link to details


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