AEC Mergers and Acquistions Continue at Record Pace

This year is on its way to a record level of AEC industry consolidation, according to a strategy and research firm that tracks merger and acquisition activity globally.

06/20/2007


This year is on its way to a record level of AEC industry consolidation, according to strategy and research firm Morrissey Goodale LLC , Newton, Mass.

“The industry is on pace to hit our original forecast of 200 deals for 2007.led ownership transition plans, and concerns about the viability and competitive advantage of employee ownership—are still in place and speak to continued robust activity through 2008.”

According to Morrissey, year-to-date consolidation in the industry is characterized by the following trends:

Strong activity by public firms: Over one fifth of the deals this year involve a buyer or seller that is publicly traded.

Globalization: firms making deals in the U.S. and thirteen transactions had no U.S firm involvement.  Canadian, Australian, and New Zealand firms have been particularly active in the first half of the year.  “The U.S market continues to be an attractive one for Canadian and European firms’, says Morrissey.  “However, we are seeing more and more action and interest in emerging markets.  The risk is greater, but so are the projected returns.”

National growth and diversity: tion for a firm faster and with less risk than cold-starting an office or transferring a senior staffer out-of-state to grow a business from the ground up.” 

A full listing of all transactions recorded in 2007 can be found on the AEC M&A Monitor at the firm’s website www.morrisseygoodale.com .





Product of the Year
Consulting-Specifying Engineer's Product of the Year (POY) contest is the premier award for new products in the HVAC, fire, electrical, and...
40 Under Forty: Get Recognized
Consulting-Specifying Engineer magazine is dedicated to encouraging and recognizing the most talented young individuals...
MEP Giants Program
The MEP Giants program lists the top mechanical, electrical, plumbing, and fire protection engineering firms in the United States.
September 2018
Power boiler control, Product of the Year, power generation,and integration and interoperability
August 2018
MEP Giants, lighting designs, circuit protection, ventilation systems, and more
July 2018
Integrating electrical and HVAC systems, emerging trends in fire, life safety, ASHRAE 90.4
Data Centers: Impacts of Climate and Cooling Technology
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
Safety First: Arc Flash 101
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
Critical Power: Hospital Electrical Systems
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
Data Center Design
Data centers, data closets, edge and cloud computing, co-location facilities, and similar topics are among the fastest-changing in the industry.
click me