M&A Activity Report for the week of 3/27/2023 – 4/2/2023

Apr 04, 2023

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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:

3/29/2023

WGI Ventures (West Palm Beach, FL), the infrastructure technology arm of design and professional services firm WGI, established a strategic partnership with AKULAR (McLean, VA), a technology and product development firm that enables 3D Building Information Modeling (BIM) use during construction. Link to Details.

 

3/28/2023

Field Group (Oslo, Norway), a digital reality services firm for the infrastructure, construction, environment, and public sectors, acquired PrecisionHawk (Raleigh, NC), an artificial intelligence and drone technology firm for the infrastructure management market. Link to Details.

 

3/23/2023

Haley Ward (Bangor, ME), a professional engineering, environmental, and surveying consultancy, acquired Final Draft CAD (Portland, ME), a full-service BIM firm. Link to Details.

 

3/17/2023

Parent company to insurance services businesses Cor Partners (Atlanta, GA) acquired building and construction consulting services firm DBI Construction Consultants (New York, NY). Link to Details.

 

3/23/2023

Architectural firms Charles Vincent George Architects (Naperville, IL) and Newman Architecture (Naperville, IL) merged, combining their professional staff and design portfolios in a strategic transition of resources and clients. Link to Details.

 

Global Transactions:

3/24/2023

Environmental consulting and services firm RSK Group (Helsby, UK) acquired geotechnical engineering consulting services firm 4AP-Geoteknik (Hadsten, Denmark). Link to Details.

 

 

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.