Weekly mergers and acquisitions update: April 12, 2024

This week Morrissey Goodale reported seven domestic and six global transactions involving companies from Canada, Spain, Japan, Ireland and the United Kingdom.

By Morrissey Goodale April 12, 2024
Courtesy: Morrissey Goodale

This week Morrissey Goodale reported seven domestic and six global transactions involving companies from Canada, Spain, Japan, Ireland and the United Kingdom.

Domestic transactions

4/9/2024

Verdantas (Dublin, OH) (ENR #149) acquired Project Navigator (Tustin, CA), a firm that offers management and project coordination services, especially at federal (CERCLA) and state superfund sites. Link to details

4/11/2024

Legence (San Jose, CA), a firm that offers energy efficiency and sustainability solutions for the built environment, acquired P2S (Long Beach, CA) (ENR #308), an engineering, commissioning, and CM firm serving the higher education, federal and municipal institutions, health care facilities, and data centers sectors. Link to details

4/11/2024

Transportation consulting firm TranSystems (Kansas City, MO) (ENR #65) acquired NCM Engineering (Rancho Santa Margarita, CA), a planning and design services firm specializing in transportation infrastructure improvement projects such as roads, highways, freeways, bridges, and related structures. Link to details

4/4/2024

Architecture firm Studio W Architects (San Jose, CA) acquired the architecture department of NorthStar (Chico, CA). With the acquisition of NorthStar’s architecture group, Studio W Architects will further expand into the Northern California market. Link to details

4/2/2024

Morgan Stanley Capital Partners (New York, NY), the middle-market-focused private equity team at Morgan Stanley Investment Management (New York, NY), acquired Resource Innovations (Half Moon Bay, CA), a tech-enabled services firm focused on energy efficiency and sustainability. Link to details

4/10/2024

In its second deal of the week, Verdantas (Dublin, OH) (ENR #149) acquired CT Consultants (Mentor, OH) (ENR #339), an AE and environmental firm with experience in the government, water, and transportation markets. Link to details

4/8/2024

The HFW Companies (St. Louis, MO) (ENR #281), an expanding professional services firm in the AE industry, entered a new strategic partnership with KFM Engineering & Design (Dallas, TX), a civil engineering firm with expertise in retail, mixed-use, single-family, multifamily, industrial, and office development projects. Link to details

Global transactions

4/9/2024

ENR’s #4 ranked global design firm, WSP (Montreal, Canada), entered into an agreement to acquire 1A Ingenieros (Valladolid, Spain), a firm with expertise in the areas of renewable energy, electricity distribution and transportation, sustainable mobility, the industrial sector, and the environment. Link to details

4/9/2024

ENR’s #63 ranked international design firm, SENER (Getxo, Spain), has reached an agreement with NTT Data (Tokyo, Japan) to purchase SCR (Madrid, Spain), a firm specializing in the design, production, and operation of high-performance unmanned aerial, land, and naval systems. Link to details

4/9/2024

Safety and risk management firm Ayrton Group (Cork, Ireland) expanded its services into the UK through the acquisition of consulting engineering company Peter Deer & Associates (London, UK). Link to details

4/8/2024

Carnell Group (Penkridge, UK), a civil engineering, drainage surveys, technology, and lighting services firm, expanded its capabilities in the highways sector and bridge and structure maintenance with the acquisition of Route One (Wakefield, UK). Link to details

4/4/2024

Vision Survey (Crawley, UK), an engineering, utility, and land surveying services firm, joined Celnor Group (Reading, UK), a group of companies that offer services in the testing, inspection, certification, and compliance (TICC) arena. Link to details

4/4/2024

United Living Group (Swanley, UK), a firm that provides infrastructure, affordable housing, property, and telecommunication services, acquired EcoGenR8, which trades as AFECO (Waterlooville, UK), a specialist engineering services firm focused on the water, marine, and energy sectors. Link to details


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