Zweig Group M&A: Lone Star Locals
LandDev Consulting acquires CivilE to form rising Austin metro firm
Zweig Group continues to increase its footprint in the AEC market for mergers and acquisitions in the booming state of Texas.
A full-service consulting firm based in Fayetteville, AR., Zweig Group represented the selling firm in the deal between LandDev Consulting, LLC, which recently acquired CivilE, LLC, to form a two-office, 50-person firm with nine licensed engineers in the Austin metro area.
LandDev-CivilE represents the second closed Texas transaction for Zweig Group in less than a year. In November, Zweig Group represented the buying firm in Austin-based BIG RED DOG Engineering and Consulting’s acquisition of MSP Engineering Group, PLLC, of Sugar Land.
In addition to work in states across the country, Zweig Group is currently advising several active M&A clients within the Texas market.
In regard to the merger of LandDev and CivilE, Noah Hunt, Zweig Group’s lead M&A consultant on the project, describes a match made in Lone Star heaven.
“Great fit!” Hunt said. “Both firms are responsive, client-oriented and focused on providing high-quality design solutions. We are excited to be part of the success story of both CivilE and LandDev.”
LandDev is a provider of public and private sector civil engineering with a focus on land development and communications. The CivilE acquisition will position LandDev amongst the largest civil design groups owned and operated in Austin and the surrounding area.
“CivilE has an exceptional reputation for quality engineering design and adds a tremendous level of expertise to complement our team’s abilities,” said Judd Willmann, P.E., managing partner of LandDev. “We are thrilled to welcome them to our team. There is huge demand for the engineering services that we offer, but it has been a challenge for us to find talented individuals with local experience to grow our team. The partnership with CivilE is the perfect solution.”
Larry Hanrahan, P.E., co-founder of CivilE, is equally as excited.
“We’ve known Judd and the other outstanding individuals at LandDev for a long time, and we can’t wait to have access to more resources to meet our clients’ needs,” Hanrahan said.
About Zweig Group
Zweig Group has on-staff experts in strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search. Zweig Group also provides a comprehensive suite of products including newsletters, industry reports, executive training, business conferences and more covering virtually every aspect of firm management. The firm is headquartered in Fayetteville, Arkansas, and works throughout the U.S and worldwide. For more information, visit https://zweiggroup.com/ or call (800) 466-6275.