AEC Industry Merger & Acquisition Report (7/7/19 - 7/21/19)

Jul 22, 2019

Pond & Company (Peachtree Corners, GA) has partnered with private equity investment firm DC Capital Partners (Alexandria, VA). The partnership is intended to provide capital to allow Pond to grow and create greater value for clients and expand opportunities for employees. Pond chose to partner with DC Capital given their focus on companies that provide differentiated and innovative services in the AEC industry. Link to details
Price Architects (Los Angeles, CA) joined global design firm HKS Architects (Dallas, TX). Many of Price Architects’ twelve employees have previously worked for HKS, including President & CEO Jack Price, who spent thirty years with the firm. Link to details
Cardinal Survey and Design (Williamsburg, VA), a minority-owned, full-service, land surveying consultant, merged with full-service engineering firm Pro-Inspections (Richmond, VA). Link to details
In the firm’s second deal of the week, Cardinal Survey and Design (Williamsburg, VA) announced its merger with Berkley-Howell & Associates (Forest, VA), enabling the firm to expand its portfolio of services into other areas of Virginia. Link to details
Global consulting firm TRC Companies (Lowell, MA) acquired the testing and commissioning field services division of EC Source (Houston, TX), a nationally recognized engineering, procurement, and construction provider. Link to details
Industry leader CHA Consulting (Albany, NY) acquired JBS Project Management (Brooklyn, NY), a project and construction management firm of approximately 30 employees. Link to details.
Multidisciplinary AE consultant DLZ (Columbus, OH) expanded its presence in northwest Ohio with the acquisition of Lee Surveying and Mapping (Bellefontaine, OH), a firm specializing in survey for land development and planning. Link to details
Full-service consulting firm Barton & Loguidice (Liverpool, NY) acquired Cummings & Smith (Fairfield, NJ), a civil engineering firm with expertise in the solid waste management sector. Link to details
Griffith Dardanelli Architects (Schenectady, NY) merged with BCA Architects & Engineers (Watertown, NY). The merger brings together two firms that focus on the K-12 education market, creating a business with 100 employees and 50 school clients statewide. Link to details
Integrated environmental, engineering, and technical services consultancy RSK Group (Helsby, UK) acquired Raw Technology Ltd. (Inverness, UK), a leading specialist in inland oil spill response and remediation. Link to details
Subsea services group Acteon (Norwich, UK) acquired the survey business of Proserv (Aberdeen, UK). The survey business unit will join Acteon’s existing UTEC Survey (Aberdeen, UK) business, an independent global surveying firm. Link to details
UK-listed engineering and environmental consultancy Ricardo (Shoreham-by-Sea, UK) announced it will acquire environmental, planning, and infrastructure advisory group PLC Consulting (Melbourne, Australia). Link to details

About Zweig Group

Zweig Group, a four-time Inc. 500/5000 honoree, is the premiere authority in AEC management consulting, the go-to source for industry research, and the leading provider of customized learning and training. Zweig Group specializes in four core consulting areas: Talent, Performance, Growth, and Transition, including innovative solutions in mergers and acquisitions, strategic planning, financial management, ownership transition, executive search, business development, valuation, and more. Zweig Group exists to help AEC firms succeed in a competitive marketplace. The firm has offices in Dallas and Fayetteville, Arkansas.