Weekly merger and acquisition update: January 26, 2024

This week Morrissey Goodale reported seven domestic and three global transactions.

This week Morrissey Goodale reported seven domestic and three global transactions.

Domestic transactions

01/22/2024

Blackstone (New York, NY) made a minority growth investment in facilities planning and design firm and another of our Nine Movers and Shakers to Watch in 2024, Salas O’Brien (Irvine, CA) (ENR #53). Salas O’Brien will continue to be majority-owned by its team members. Salas O’Brien was the recipient of the 2023 Best Post Transaction Performance Award in the $10 million to $50 million category as part of our Excellence in Acquisitive Growth Awards Series. Link to details

01/22/2024

Industry leader Gannett Fleming (Camp Hill, PA) (ENR #26) acquired Flaherty Engineering (Cameron Park, CA), a CM services firm that serves public agencies, private sector partners, and water resources clients. Link to details

01/23/2024

Global alternative investment firm H.I.G. Capital (Miami, FL) acquired full-service engineering consulting firm CHA (Albany, NY) (ENR #69) from private equity firm First Reserve (Stamford, CT). Link to details

01/23/2024

Architecture, engineering, and construction administration firm GMB (Holland, MI) (ENR #493) entered into a partnership with Secure Environment Consultants (SEC) (Grand Rapids, MI), a firm that offers prevention-focused safety and security programs for schools, childcare facilities, and organizations. Link to details

01/24/2024

Architecture, engineering, interiors, and planning firm DLR Group (Omaha, NE) (ENR #66) acquired luxury interior design firm BraytonHughes Design Studios (San Francisco, CA). Link to details

01/24/2024

Zubatkin Owner Representation (New York, NY), a project management and owner representation firm, joined ENR’s #14 ranked CM/PM-for-fee firm, Cumming (New York, NY). Link to details

01/25/2024

Technology, conformity assessment, and consulting solutions firm NV5 (Hollywood, FL) (ENR #22) acquired CHW Professional Consultants (Alachua, FL), an engineering and infrastructure consulting services firm. Link to details

01/25/2024

Skyline Engineering (New York, NY), a mechanical, electrical, structural, plumbing, and fire protection design services firm, joined AMA Group (Madison, NJ), a firm that offers mechanical, electrical, life safety, plumbing, sustainability, commissioning, and renewable energy services. Link to details

Global transactions

01/23/2024

Lemay (Quebec, Canada), an architecture, planning, and engineering firm, acquired Fusion Énergie (Quebec, Canada), an energy intelligence solutions provider specializing in energy management and optimization. Link to details

01/18/2024

Engineering and technology consulting firm Astek (Paris, France) acquired a majority stake in Riversen (Paris, France), an engineering consulting firm specializing in large-scale projects in the construction, industry, infrastructure, energy, environmental, and transportation sectors. Link to details

01/24/2024

Global environmental and advisory consultancy SLR (Aylesbury, UK) acquired ITPEnergised (Edinburgh, UK), a renewable energy specialist with expertise in the corporate, industrial, property and urban regeneration sectors. Link to details