M&A Activity Report (12/8/19-12/15/19)

Dec 16, 2019

  • PRIME AE Group (Baltimore, MD) entered into a strategic partnership with long-term investment holding firm NewHold Enterprises (New York, NY). The partnership will serve to provide investment in PRIME AE’s long-term growth and success in the AE industry. Link to details
  • Kleinfelder (San Diego, CA) completed an asset purchase agreement with Advantage Engineers (Columbia, MD) to acquire its geotechnical engineering, environmental consulting, construction observation and materials testing services division. Link to details
  • Jensen Hughes (Baltimore, MD), a global leader in safety, security, and risk-based engineering and consulting, acquired IFIC Forensics (Glasgow, UK), a forensics firm specializing in fire, explosion, chemical spill, and water escape investigations across marine and other commercial industries. Link to details
  • K-12 education specialist Bray Architects (Milwaukee, WI) acquired architectural design and planning firm Bracke.Hayes.Miller.Mahon (Moline, IL). Link to details
  • Davey Tree Expert Co. (Kent, OH) subsidiary, Davey Resource Group (Kent, OH), acquired Amy S. Greene Environmental Consultants (Flemington, NJ). Greene provides environmental consulting services with an emphasis on natural resource analysis, permitting, and environmental planning. Link to details
  • Epoch (South Bend, IN), an 11-person architecture design firm, joined Shive-Hattery (Cedar Rapids, IA). The integration complements design capabilities for both firms and creates a stronger Indiana presence for Shive-Hattery. Link to details
  • BDC Capital’s Growth & Transition Capital division (Montreal, Canada) provided mezzanine financing to support a management buyout of telecommunications engineering firm Varcon (Fredericton, Canada). Link to details
  • Artelia Group (Lyon, France), acquired MOE (Copenhagen, Denmark), a multidisciplinary engineering firm of more than 900 employees. 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.