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, 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.