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

Jul 29, 2019

  • 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. Link to details
  • 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. Link to details
  • 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. Link to details
  • 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. Link to details
  • 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. Link to details
  • 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. Link to details
  • 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
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About Zweig Group

Zweig Group, three times on the Inc. 500/5000 list, is the industry leader and premiere authority in AEC firm management and marketing, the go-to source for data and research, and the leading provider of customized learning and training. Zweig Group exists to help AEC firms succeed in a complicated and challenging marketplace through services that include: Mergers & Acquisitions, Strategic Planning, Valuation, Executive Search, Board of Director Services, Ownership Transition, Marketing & Branding, and Business Development Training. The firm has offices in Dallas and Fayetteville, Arkansas.