Zweig Group, a full-service AEC management advisory firm, announced its client FINLEY Engineering Group has been acquired by COWI. The acquisition is part of COWI's strategic focus on growing its presence in North America following the recent opening of its offices in Houston and Toronto.
Zweig Group advised FINLEY through the acquisition. The deal team included Zweig Group managing principal, Jamie Claire Kiser; advisor John Bray, CM&AA; senior analyst Drake Hamilton; and analyst Will Anderson.
"We are proud to have been a part of this successful partnership, and look forward to seeing FINLEY continue to leverage its elite technology and expertise to create success for its own, as well as COWI’s growing client base," Hamilton said.
FINLEY specializes in complex bridge projects, having worked with more than 100 projects in the United States, Canada, Middle East, Africa, and South America. FINLEY’s noteworthy projects include providing engineering services on the Oakley C. Collins Memorial Bridge in Ohio, and work on the Bayonne Bridge between New York and New Jersey.
The team at FINLEY will continue to work under the management of Craig Finley who founded the company in 2004.
Finley said, “It has been an incredible journey ever since we established FINLEY nearly two decades ago. We have worked hard, had a lot of fun, and can look back with pride on everything we have built and achieved together. For us, engineering has always been very much a people-oriented business, and it has always been a priority to me that every member of my team thrives and sees a purpose in what they do for a living."
COWI North America president and chief executive Thomas Dahlgren said, “As a company with a long history in bridges, globally and not least in North America, we are very excited to welcome FINLEY into the COWI family. FINLEY is known for its outstanding work with bridges, but also for its strong technical capabilities and a great go-do attitude."
FINLEY is particularly well-known for the development and implementation of BrIM (Bridge Integration Modeling) that integrates bridge information databases into the planning, design, and construction process using advanced engineering software.
"We expect to see many business opportunities in North America within all aspects of transportation infrastructure – bridges, tunnels, and highways, among others needing modernization and replacements,” Dahlgreen added. “There is a lot of work to do, and digitalization is incredibly important to us so that we can ensure best practice processes. COWI and FINLEY are a good match, because both focus on high-quality solutions and want to cultivate innovation. Together, we have a strong team in place for the job ahead of us, which is now also in Florida."
ABOUT ZWEIG GROUP
Zweig Group, three times on the Inc. 500/5000 list, is the leading research, publishing, and consulting resource for the built environment. The firm provides strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search services nationwide. Zweig Group also provides a comprehensive suite of products including industry reports and surveys, executive training, and business conferences covering virtually every aspect of AEC firm management.
The firm’s mission, Elevate the Industry, has five tenets: promote, diversify, educate, change, and celebrate. Zweig Group’s vision is to facilitate action in pursuit of elevating individuals, firms, and thus the industry. More than a mission, this is a movement to advance the AEC profession, creating a world that celebrates the built environment and recognizes its impact on individuals, communities, and commerce.
For more information, visit zweiggroup.com or call (800) 466-6275.