M&A Activity Report for the week of 2/20/2023 – 2/26/2023

Feb 27, 2023

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:


Structural engineering firm AG&E (Dallas, TX) acquired two structural design and detailing companies: Structural Detailing (Brentwood, TN) and Balata (Brentwood, TN). Link to Details.



NV5 (Hollywood, FL), a technology, conformity assessment, and consulting solutions provider, acquired Diversified Consulting Solutions (Denver, CO), an owner representation and program management consulting services firm. Link to Details.



NV5 (Hollywood, FL) acquired Axim Geospatial (Sun Prairie, WI), an end-to-end geospatial services and solutions provider. Link to Details.



Consulting and engineering firm Geosyntec (Boca Raton, FL) acquired marine geology, archaeology, and geotechnical engineering consulting firm Geoscience Earth and Marine Services (Houston, TX). Link to Details.



KCI (Sparks, MD), an engineering, consulting, and construction company, acquired Armeni Consulting Services (Suwanee, GA), a bridge construction and engineering services provider. Link to Details.



Plus Group (Cincinnati, OH), a group of firms that provides design and engineering services to clients in the pharmaceutical, food and beverage, agribusiness, chemical, consumer products, and renewable fuel industries, merged with Salas O’Brien (Santa Ana, CA), an engineering and technical services company. Link to Details.



Technology-enabled laboratory testing, inspection, and quality management services provider RMA Group (Rancho Cucamonga, CA) acquired geotechnical, environmental, building science, and construction materials testing services provider GeoTest Services (Bellingham, WA). Link to Details.



Sequoia Consulting Group (San Diego, CA), a technical and full life-cycle services provider for pharmaceutical and biotechnology clients, acquired 42 North Solutions (Scituate, MA), a firm that specializes in capital project execution and management, facilities engineering, commissioning and qualification, process engineering and facilities management for pharmaceutical and biotechnology clients. Link to Details.



Architecture, engineering, and surveying company Davis, Bowen & Friedel (DBF) (Salisbury, MD) acquired environmental services firm Environmental Resources (Selbyville, DE). Link to Details.


Global Transactions:


International construction engineering and mobility services group Egis (Guyancourt, France) acquired structural engineering, underground and tunneling engineering, and geotechnical services provider Italrom (Bucharest, Romania). Link to Details.



AFRY (Stockholm, Sweden), an engineering, design, and advisory services firm, acquired BLIX Consultancy (Utrecht, The Netherlands), a consultancy specializing in renewable energy solutions. Link to Details.



Hatch (Mississauga, Canada), a global design firm, integrated Wavelength (Fremantle, Australia), a consulting firm specializing in the coastal, maritime, and energy sectors, into its Ports and Terminals team. Link to Details.



Jensen Hughes (Baltimore, MD), a global leader in life safety, security, and risk-based engineering and consulting, acquired Brandgruppen (Taastrup, Denmark), a fire engineering consulting firm. Link to Details.



Global design firm Royal HaskoningDHV (Amersfoort, The Netherlands) acquired a minority share in architecture and engineering firm Studio IN-EX (Budapest, Hungary). Link to Details.



Marshall & Murray (London, Canada), a cost consulting specialist, joined BTY (Vancouver, Canada), an independent advisory services provider for real estate, infrastructure, and energy projects. Link to Details.


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.