Weekly merger and acquisition update: October 6, 2023

This week Morrissey Goodale reported nine domestic and seven global transactions in Australia, Denmark, Norway, Sweden, Saudi Arabia, the U.K. and Canada.

By Morrissey Goodale October 6, 2023

This week Morrissey Goodale reported nine domestic and seven global transactions in Australia, Denmark, Norway, Sweden, Saudi Arabia, the U.K. and Canada.

Domestic transactions

10/04/2023

Acclaimed interdisciplinary design firm HGA (Minneapolis, MN) (ENR #111) acquired brick. (Oakland, CA), an architecture firm focused on complex urban infill, mixed-use, community, and other developer-led projects in regional urban cores. Link to details

10/06/2023

Schnabel Engineering (Glen Allen, VA) (ENR #204), a leading tunnel, dam, geotechnical, and infrastructure engineering firm, acquired JCK Underground (Boston, MA), an industry-recognized leader in tunnel engineering. Link to details

09/29/2023

Integra Testing Services (Mentor, OH), a testing, adjusting, and balancing (TAB) services firm, acquired TAB services firms J.F. Coffey Associates (Duxbury, MA) and American Test and Balance (Norwell, MA). Link to details

10/02/2023

Giovanetti Shulman Associates Consulting Engineers (Broomall, PA), a mechanical, electrical, plumbing, fire protection, and low voltage engineering firm joined IMEG Corp. (Rock Island, IL) (ENR #57). Link to details

10/02/2023

Aegion (St. Louis, MO), an infrastructure maintenance, rehabilitation, and technology-enabled water solutions firm, acquired 11 Enviro Group (Brooklyn, NY), a firm that provides assessment, maintenance, and trenchless services for water and wastewater pipelines. Link to details

10/03/2023

Industry leader Atwell (Southfield, MI) (ENR #74), a national consulting, engineering, and construction services firm, acquired Summit Engineering Group (Heber City, UT), a civil engineering and land surveying firm. The deal is Atwell’s eighth deal in the last ten months. Link to details

10/03/2023

J.S. Held (Jericho, NY), one of the AE industry’s most prolific buyers, acquired TransCon CSI (Annapolis, MD), a firm that offers crash investigation and analysis, reconstruction, animation, and 3D forensic mapping and diagramming. Link to details

10/03/2023

Architecture, engineering, and planning firm HED (Southfield, MI) (ENR #189) entered a strategic partnership with Larson Incitti Architects (Denver, CO), an architecture firm with expertise in the community and Pre-K-12 education sectors. Link to details

10/03/2023

Employee-owned engineering and architecture firm Short Elliott Hendrickson (SEH) (St. Paul, MN) (ENR #153) acquired the assets from RAM USA (Brunswick, OH), a firm specializing in the non-destructive detection, investigation, and resolution of water intrusions in multifamily, commercial, industrial, and institutional roofs and pavement. Link to details

Courtesy: Morrissey Goodale

Courtesy: Morrissey Goodale

Global transactions

09/28/2023

Roberts International Consultants (Rothwell, Australia), a general quantity surveying, insurance specialist services, and expert witness services firm, joined Halliwell (Campbelltown, Australia), a fire forensics and forensics engineering firm. Link to details

09/29/2023

Multi-disciplinary engineering and design firm Norconsult (Sandvika, Norway) acquired the Danish Zealand branch of Franck Miljø- og Geoteknik A/S (Smørum, Denmark). The acquisition of the eastern department strengthens Norconsult’s competencies in soil and environmental studies, including drilling technology. Link to details

09/29/2023

Engineering firm Rejlers (Stockholm, Sweden) acquired Karl Knudsen AS (Trondheim, Norway), a firm with expertise in building and civil engineering and project management and design. Link to details

09/29/2023

Investment company Energy Capital Group (Riyadh, Saudi Arabia) acquired MENA Industrial Services Company (Al Khobar, Saudi Arabia), an engineering firm that offers civil engineering, transportation planning, geomatics, operation & maintenance services to the power and water, oil & gas, and petrochemicals sectors. Link to details

10/02/2023

Global environmental and advisory consultancy SLR (Aylesbury, UK) entered an agreement to acquire environmental firm Palmer Environmental Consulting Group (Vancouver, Canada).  Link to details

10/03/2023

Environmental consulting and services firm RSK Group (Helsby, UK) acquired RJT Excavations (Jedburgh, UK), a civil engineering and bulk earthworks contractor. Link to details

10/04/2023

SEAM Spatial (Bongaree, Australia), a spatial services firm, merged with Survey and Drafting Resources (Singleton, Australia) and LW Survey Australia (Moffat Beach, Australia) to create one of the largest surveying firms in Australia. Link to details


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