M&A Activity Report for the week of 2/6/2023 – 2/12/2023

Feb 13, 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:

2/8/2023

Private equity firm AE Industrial Partners (Boca Raton, FL) entered into a definitive agreement to sell multidisciplinary engineering and environmental services firm Enercon Services (Kennesaw, GA) to funds managed by Oaktree Capital Management (Los Angeles, CA). Link to Details.

 

2/6/2023

Pennoni (Philadelphia, PA), a multidisciplinary consulting engineering firm, acquired certain assets of Andersen Engineering Associates (Sellersville, PA), a full-service civil engineering and land surveying firm. Link to Details.

 

2/6/2023

GZA GeoEnvironmental (Norwood, MA), a geotechnical, environmental, ecological, water, and construction management services provider, acquired Equity Environmental Engineering (Mount Olive, NJ), an integrated planning and environmental consulting services firm. Link to Details.

 

2/7/2023

Expanding its presence in the telecommunications industry, KCI (Sparks, MD), a professional services firm for mobility, land development, preservation, and infrastructure projects, acquired National Telecom Design (Fredericksburg, VA), a telecom engineering and inspection firm. Link to Details.

 

2/7/2023

ISG (Mankato, MN), an architecture, engineering, environmental, and planning firm, acquired ETHOS Design Group (Ankeny, IA), an architecture and interior design services specialist. Zweig Group advised ISG on the transaction. Link to Details.

 

2/2/2023

Growing its equipment consulting services, global consultancy J.S. Held (Jericho, NY) acquired failure analysis, prevention, and damage assessment firm Failure Analysis & Prevention (North Kingstown, RI). Link to Details.

 

2/8/2023

Civil engineering firm PRD Land Development Services (Pearland, TX) acquired engineering design and environmental consultancy American Civil Engineering Services (Conroe, TX). Link to Details.

 

2/1/2023

Civil engineering, surveying, and environmental permitting firm Cape & Islands Engineering (Mashpee, MA) merged with land surveying and civil engineering firm Holmes & McGrath (Falmouth, MA). Link to Details.

 

Global Transactions:

2/6/2023

Turner & Townsend (Leeds, UK), a global professional services firm for the real estate, infrastructure, and natural resources sectors, reached an agreement to join forces with alinea (London, UK), a cost consultancy. Link to Details.

 

2/2/2023

RSK Group (Helsby, UK), an environmental consulting and services firm, acquired BMG Research (Birmingham, UK), a social research and insight firm. Link to Details.

 

2/2/2023

Konkret (Helsinki, Finland), an architectural designer for commercial, residential, industrial, and renovation and conversion projects, joined AINS Group (Tampere, Finland), an infrastructure consultancy. Link to Details.

 

2/1/2023

Adler and Allan (Harrogate, UK), an environmental services firm, acquired Aqua Consultants (Bradford, UK), a professional services provider for the water, energy, and environmental sectors. 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.