News & Press Release

    czweig
    July 29, 2019 • czweig

    AEC Industry Merger & Acquisition Report (week of 7/21/19 – 7/28/19)

    • Parsons Corporation (Centreville, VA) entered into an agreement to acquire QRC Technologies (Fredericksburg, VA) from private equity firm DC Capital Partners (Alexandria, VA) for $215 million in cash.
      Link to details
    • EN Engineering (Warrenville, IL), a leading utility services firm, and private equity firm Kohlberg & Company (Mount Kisco, NY) announced that they have signed a definitive agreement whereby Kohlberg will acquire a majority stake in EN Engineering from General Atlantic (Greenwich, CT).
      Link to details
    • Environmental services firm Montrose Environmental Group (Irvine, CA) acquired Air, Water and Soil Laboratories (Richmond, VA), a full-service environmental laboratory.
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    • BLRB Architects (Tacoma, WA) acquired Ascent Architecture and Interiors (Bend, OR). The move will enhance the range and depth of architectural resources available to Central and Eastern Oregon clients.
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    • Data analytics and risk assessment firm Verisk (Jersey City, NJ) signed a definitive agreement to acquire Keystone Aerial Surveys (Philadelphia, PA). Keystone is the U.S. aerial survey business of PASCO CORPORATION (Tokyo, Japan).
      Link to details
    • Multi-disciplinary building services and sustainability consultancy Umow Lai (Victoria, Australia) joined Integral Group (Oakland, CA), a global engineering and sustainable design consultancy.
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    • Westinghouse Electric Company (Cranberry Township, PA), a global supplier of innovative energy solutions, acquired NA Engineering Associates (Stratford, Canada), a provider of comprehensive engineering solutions, including significant nuclear expertise.
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    • Architecture firm Christine Lintott Architects (Victoria, Canada) joined McLennan Design (Seattle, WA). The combined team will continue to be known as McLennan Design, except in the Canadian market where Christine Lintott Architects will maintain its identity.
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    • Icomera (Gothenburg, Sweden), a subsidiary of ENGIE Ineo (Paris, France), acquired dg8 design and engineering (Derby, UK) through its subsidiary Icomera UK (Chatham, UK). dg8 has primarily worked with clients in the rail transport sector.
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    • Energy consultancy Xodus Group (Perth, Australia) agreed to acquire Green Light Environmental (Perth, Australia) as part of its plans to expand in the Asia Pacific region.
      Link to details
    • Assystem (Courbevoie, France), acquired ASCO (Lognes, France). The purchase will significantly boost Assystem’s standing as a project management force in France.
      Link to details

    To learn more about Zweig Group’s Merger & Acquisition services click here.