Weekly merger and acquisition update: July 14, 2023

Morrissey Goodale reported 13 domestic and five global transactions this week.

By Morrissey Goodale July 14, 2023
Morrissey Goodale merger and acquisition report July, 14. Courtesy: Morrissey Goodale

Morrissey Goodale reported 13 domestic and five global transactions this week involving companies from Sweden, Canada, Belgium, the United Kingdom, Norway, France and Ireland.

Domestic transactions

07/05/2023

Control Point Associates (Warren, NJ), a land surveying, geospatial, and consulting services firm, acquired McLaughlin Engineering (Fort Lauderdale, FL), an engineering, surveying, and land planning firm. Link to details

07/05/2023

Fibersmith (Blooming Prairie, MN), an engineering, fiber network design, and software services firm serving the telecommunications market, acquired civil and structural engineering firm Ahneman Kirby (Riverside, CT). Link to details

07/06/2023

Western States Reclamation (Frederick, CO), an environmental, stormwater management, land reclamation and restoration, and heavy civil services firm, acquired engineering and ecological science firm Ecological Resource Consultants (Lakewood, CO). Link to details 

07/07/2023

Employee-owned industry leader Terracon (Olathe, KS) (ENR #20) acquired engineering and environmental services firm Pollution Management (Little Rock, AR). Link to details

07/07/2023

Dunaway (Fort Worth, TX), a civil and structural engineering, planning, landscape architecture, and environmental firm, acquired civil and structural engineering firm BEC Engineers and Consultants (Houston, TX). Link to details

07/10/2023

Multidisciplinary firm MSA Professional Services (Baraboo, WI) (ENR #312) acquired Fredericksen Engineering (Mequon, WI), a firm that offers HVAC engineering design to architects, municipalities, county governments, school districts, and public and private business owners. Link to details 

07/10/2023

Planning and architectural design firm BHH Architecture (Perham, MN) merged with architecture, engineering, environmental, and surveying firm Widseth (Baxter, MN). Link to details

07/11/2023

Fast-growing engineering and consulting firm Universal Engineering Services (UES) (Orlando, FL) (ENR #36) acquired GEO Solutions (Huntsville, AL), a full-service geotechnical engineering, environmental consulting, and materials testing firm. Link to details

07/12/2023

The SOCOTEC Group (Yvelines, France) acquired DSS Condo (Miami, FL), an owners’ representative and advisory firm providing construction management and project management services. Link to details

07/12/2023

The Next Idea Group (Los Angeles, CA) acquired James Heimler, Architect (Woodland Hills, CA), and formed the new firm TNI Architects (Woodland Hills, CA). TNI Architects focuses on architecture and design services with an emphasis on sustainability, sustainable materials, design innovation, and technology integration. Link to details

07/13/2023

Sustainable infrastructure engineering, planning, and environmental science services firm Verdantas (Dublin, OH) (ENR #149) acquired Clemson Engineering Hydraulics (Anderson, SC), a physical hydraulic modeling services firm with experience in water and wastewater, power generation, flood control, and industrial/manufacturing cooling applications. Link to details

07/13/2023

Architecture, planning, and interior design firm JCJ Architecture (Hartford, CT) acquired Group One Partners (Boston, MA), an architecture and interior design firm. Link to details

Global transactions

07/05/2023

ENR’s #16 ranked global design firm, Sweco (Stockholm, Sweden), entered into a share purchase agreement with FPC Risk (Antwerp, Belgium), a fire protection consulting firm serving markets such as ports, industrial, infrastructure, architecture, buildings, pharma, and energy. Link to details

07/05/2023

ENR’s #21 ranked construction management-for-fee firm, Turner & Townsend (Leeds, UK), acquired Cavalieri & Associates (Mississauga, Canada), a project and program management firm. Link to details

07/07/2023

ENR’s #47 ranked international design firm, SYSTRA (Paris, France), reached an agreement to acquire the Swedish, Danish, and Norwegian entities of Atkins (Stockholm, Sweden). The engineering business units specialize in infrastructure design, project management, and rail verification services. Link to details

07/11/2023

Private investment platform CAPZA (Paris, France) entered exclusive negotiations with the shareholders of NEO2 (Levallois-Perret, France), an engineering consulting firm specializing in industrial site design, development, maintenance, and optimization. Link to details

07/12/2023

Global quality assurance and risk management company DNV (Oslo, Norway) acquired environmental firm Enviroguide Consulting (Dublin, Ireland). Link to details