M&A Activity Report for the week of 1/9/2023 – 1/15/2023

Jan 17, 2023

Banner Image

Zweig Group is the leading AEC Industry, advisory service provider. We blend industry and sector knowledge with experience across the M&A lifecycle to help you capture value for shareholders. Reach our Mergers & Acquisitions Advisory team here.

 

Domestic Transactions:

1/12/2023

Engineering, planning, science, and technical services firm Verdantas (Dublin, OH) acquired engineering, science, and business optimizing technology consultancy Borton-Lawson (Wilkes-Barre, PA) and its subsidiary Precise Visual Technologies. Link to Details.

 

1/9/2023

OceanSound Partners (New York, NY), a private equity firm, strategically invested in Gannett Fleming (Camp Hill, PA), an architecture, engineering, and construction firm. Gannett Fleming will continue to operate under its existing management team. Link to Details.

 

1/6/2023

Montrose Environmental Group (North Little Rock, AR), an environmental services firm, acquired Frontier Analytical Laboratories (El Dorado Hills, CA), an environmental laboratory specializing in high-resolution gas chromatography mass spectrometry analysis of dioxins/furans, polychlorinated biphenyls (PCBs), and other persistent organic pollutants (POPs). Link to Details.

 

1/5/2023

High-end consulting and engineering services company Tetra Tech (Pasadena, CA) acquired enterprise technology services, cybersecurity, and management consulting firm Amyx (Reston, VA). Link to Details.

 

1/6/2023

Tower Engineering Professionals (Raleigh, NC), an international telecom engineering firm, acquired Hudson Design Group (North Andover, MA), an engineering and architectural firm. Link to Details.

 

1/4/2023

Sunrise Engineering (Fillmore, UT), a civil engineering firm, acquired Savage Associates Engineering (Richfield, UT), a multidisciplinary engineering services firm. Link to Details.

 

1/10/2023

Integrated Water Services (Longmont, CO), a firm that provides design, permitting, and construction services for water and wastewater treatment plants, acquired membrane bioreactor (MBR) manufacturer and distributor M|MBR Systems (Austin, TX) through Sciens Water (New York, NY). Link to Details.

 

1/9/2023

Environmental, health, and safety (EHS), environmental, social, and governance (ESG), and sustainability consultancy Citadel EHS (Glendale, CA) acquired environmental consultancy RMD Environmental Solutions (Walnut Creek, CA). Link to Details.

 

1/9/2023

HRP Associates (Farmington, CT), an environmental consulting and engineering firm, acquired Progress Environmental Group (Winston-Salem, NC), an environmental and ecological consultancy. Link to Details.

 

1/5/2023

Chrisland Engineering (Lebanon, PA), a consulting engineering company which specializes in land planning, municipal consulting, structural engineering, and delegated design services, acquired Matthew & Hockley Associates (Lebanon, PA), an engineering and land surveying company. Link to Details.

 

1/4/2023

Aperture (Arlington, TX) a full-service forensic engineering and litigation dispute support services provider and portfolio company of middle market private equity firm Trinity Hunt Partners (Dallas, TX), announced its partnership with Sage Group (Denver, CO), a consulting and expert witness services provider for the construction industry. Link to Details.

 

1/9/2023

Architecture firm AXIS/GFA Architecture + Design (San Francisco, CA) acquired Caron Architecture (Seattle, WA). Caron Architecture will rebrand and become AXIS/GFA’s new Seattle studio. Link to Details.

 

12/31/2022

Expanding its healthcare capabilities, DBR Engineering Consultants (Houston, TX), a premier mechanical, electrical, and plumbing (MEP) engineering firm, acquired healthcare-focused MEP consulting engineering firm SW Associates Consulting Engineers (Dallas, TX). Link to Details.

 

Global Transactions:

1/10/2023

Through a Share Purchase Agreement, engineering and architecture firm Sweco (Stockholm, Sweden) acquired multidisciplinary design firm VK architects+engineers (Roeselare, Belgium). Link to Details.

 

1/10/2023

ACES (Amman, Jordan), a specialized engineering services firm, acquired Inspection Technology Company (Khobar, Saudi Arabia), a specialized, non-destructive testing (NDT) and inspection services firm. Link to Details.

 

1/9/2023

Global leader in sustainable solutions delivery RSK Group (Helsby, UK) acquired WysePower (High Wycombe, UK), the UK’s largest construction site solutions firm, which specializes in carbon-neutral building solutions. Link to Details.

 

1/10/2023

CECO Environmental (Dallas, TX), an environmentally focused, diversified industrial firm, acquired Wakefield Acoustics (Heckmondwike, UK), a design and manufacturing firm that provides advanced industrial, commercial, and environmental noise control systems. Link to Details.

 

1/3/2023

Cura Terrae (Sheffield, UK), an environmental group, acquired air pollution monitoring instrumentation firm Enviro Technology Services (Stroud, UK). Link to Details.

 

1/6/2023

Full-service engineering firm DeSimone Consulting Engineers (New York, NY) announced an agreement to acquire the global detailing, preconstruction, and building information modeling services business of Dowco Group (Langley, Canada).

 

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.