10 results found for “capitalization”
Zweig Group is the leading advisory firm for the AEC industry, providing expert guidance across the entire M&A lifecycle. With deep industry knowledge and decades of experience, we help firms navigate transactions, maximize value, and...
By Morgan Stinson | AEC firms win when purpose, not profit, drives client experience.
By Stuart McLendon | When economic data grows less reliable, long-term AEC planning becomes a far riskier bet.
The leading source of business management insights, research, and strategies tailored specifically for leaders of AEC firms.
By Tom Godin | In AEC M&A, the real risk isn’t finding deals; it’s being unprepared to integrate them.
By Gerry Devine | Industry lines are blurring as AEC firms evolve from service providers into strategic partners guiding investment, risk, and long-term value.
Zweig Group has announced the release of its 2026 Valuation Report of AEC Firms.
By Mark Zweig | For AEC firm owners and top managers who say they care about value but keep acting like they don’t.
Zweig Group is the leading advisory firm for the AEC industry, providing expert guidance across the entire M&A lifecycle. With deep industry knowledge and decades of experience, we help firms navigate transactions, maximize value,...
By Will Swearingen | A new era of AEC growth is emerging, driven by value creation and strategic expansion.
Zweig Group is the leading advisory firm for the AEC industry, providing expert guidance across the entire M&A lifecycle. With deep industry knowledge and decades of experience, we help firms navigate transactions, maximize value,...
By Duncan Robertson | Being able to turn challenges into lasting opportunities requires sacrifice, strategic risk, and strong teams.
September 1 – RESPEC (Rapid City, SD), an innovative geoscience, engineering, and technology firm, acquired Albertson Engineering (Rapid City, SD), a structural firm experienced in civic buildings, public art, commercial spaces, and industrial facilities. [More...
By Jeremy Clarke | Independent directors give AEC boards the objectivity, capacity, and perspective insiders can’t provide.
August 1 – LJA Engineering (Houston, TX), an employee-owned engineering firm, acquired G&R Surveying (Austin, TX), a land and civil construction surveying services firm. [More information] August 1 – HFA (Bentonville, AR), an architecture and...
July 1 – IMEG Corp. (Rock Island, IL) acquired HP Engineering (Rogers, AR), a multidisciplinary engineering firm providing MEP, fire protection, structural, lighting, low-voltage, energy modeling, and commissioning services. [More information] July 1 – Pennoni...
By Will Swearingen | Selling your firm requires early, intentional prep to maximize valuation, avoid risks, and ensure successful transition.
By Jennifer Nelson | New tax law creates major planning opportunities – R&D, bonus depreciation, and corporate rates shift, with key deadlines looming.
By Mark Zweig | Stop procrastinating on this issue and start searching in earnest for some outside directors to help you be more successful.
By Mark Zweig | It’s time to take some action inside your business; do these 10 things now to be ready for whatever lies ahead.
By Stuart McLendon | In uncertain waters, let strong financial leadership be your north star.
Zweig Group is the leading advisory firm for the AEC industry, providing expert guidance across the entire M&A lifecycle. With deep industry knowledge and decades of experience, we help firms navigate transactions, maximize value, and...
By Leisbel Lam | Harnessing the power of a growth mindset and the S-curve of learning to transform human capital in the AEC industry.
By Mark Zweig | Having little understanding of banking could result in missed opportunities for growth or thorny problems that could put your firm out of business.
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...
By Mark Zweig | Don’t turn yours into a joke by getting the wrong help and taking the wrong direction with revising your strategic plan.
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...
KP Reddy, founder and CEO of Shadow Ventures, discusses the transformative potential of artificial intelligence (AI) in the architecture, engineering, and construction industry.
By Alec Russell | M&A activity in the AEC industry surged in 2024, driven by private equity, regulatory investments, and strategic acquisitions.
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of Q3 2024.
By Mark Zweig | This person is at the core of what makes your business successful, however not all financial managers are competent.
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...
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...
Zweig Group is proud to announce the release of its 2024 Recruitment & Retention Report of AEC Firms, which covers all areas of recruitment and retention from the search process, integrating a new candidate into a firm, HR...
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...
By Eric Tuthill & Jordan Wilson | It’s become increasingly apparent that Section 174 may be around longer than anyone believed possible.
By Mercedez Thompson | Win themes should tell a compelling story about why your firm should win a client’s work, but without the right strategy they can inadvertently lose you the deal.
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...
By Mark Zweig | Firm owners should consider adding key employees to ownership for motivation, transition planning, and financial strength – before it’s too late.
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...
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of Q2 2024.
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...
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...
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...
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...
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...
This comprehensive report offers insights into fees, billing rates, chargeability/utilization rates, project contracts, and billing practices.
By Mark Zweig | At some point leadership has to take action and act like leaders versus just talk a good game.
By Luke Carothers | Zweig Group experts share their insights on the unique challenges and opportunities faced by small, entrepreneurial AEC firms.
By Mark Zweig | Exploring common questions – and their answers – from firm leaders about the buying and selling process.
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of Q1 2024.
By Will Swearingen | The 2024 Valuation Report highlights strong AEC industry performance and essential metrics for firm leaders.
By Ezequiel Tovar | In turbulent times, strategic capital allocation is crucial for firm survival.
Zweig Group announces the release of its 2024 Valuation Report of AEC Firms, marking more than three decades of commitment to providing the AEC industry with comprehensive valuation data and analysis.
This report details some of the biggest trends and movements regarding M&A activity in the AEC industry as of the end of 2023.
By Adrian De la Garza | CEO of UES, an industry leader with more than six decades of experience in geotechnical engineering, materials testing, environmental consulting, and more.
By Luke Carothers | Our industry must look to places like Cairo as an example of how ambition can shape the built environment.
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...
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...
By Liisa Andreassen | Board chair and CEO of Lochner, a firm that specializes in planning, environmental, design, construction engineering and inspection, and right-of-way services.
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...
By Ryan Belyea | Utilizing AI as a partner will increase our ability to design effectively, be creative, and capitalize on the possibilities of this technology now and in the future.
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...
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. ...
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...
By Alec Russell | The Zweig Index reports on 11 of the AEC industry's leading firms on a monthly basis. This installment details the financial standing of Jacobs.
Chad Clinehens, Zweig Group CEO, discusses how attending the ElevateAEC Conference & Awards Gala can help you make meaningful connections, acquire valuable knowledge, and celebrate the accomplishments of the industry.
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...
By Liisa Andreassen | President and partner at Hoefer Welker (Kansas City, MO), an interdisciplinary architecture, planning, and interior design firm.
By Alec Russell | The Zweig Index reports on 11 of the AEC industry's leading firms on a monthly basis. This installment details the financial standing of Bowman.
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...
By Adrian De la Garza | Insights and considerations that can help you decide if you’re ready to buy another firm.
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. ...
By Mark Zweig | There are some things AEC professionals must learn about business in order to be successful.
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. ...
By Alec Russell | The Zweig Index reports on 11 of the AEC industry's leading firms on a monthly basis. This installment details the financial standing of NV5.
Zweig Group – the leading research, publishing, and advisory services resource for firms in the AEC industry – represented Bullock Tice Associates in this transaction.
Venture Capital Meets Design: Exploring Opportunities with Shadow Ventures and Nick Durham "You want to be a part of building something that's really important to lots of people." - Nick Durham Get ready to...
By Andy Chavez | The Zweig Index reports on 11 of the AEC industry’s leading firms on a monthly basis. This installment details the financial standing of Stantec.
By Andy Chavez | The Zweig Index reports on 11 of the AEC industry’s leading firms on a monthly basis. This installment details the financial standing of AECOM.
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...
Domestic Transactions: 2/1/2023 International engineering, architecture, surveying, and geospatial solutions firm Merrick & Company (Greenwood Village, CO) acquired water/wastewater engineering specialist Mountain Waterworks (Boise, ID). Link to Details. 1/31/2023 Infrastructure and environmental solutions provider Atlas Technical Consultants (Austin, TX) entered...
By Andy Chavez | The new and improved Zweig Index will report on 11 of the AEC industry’s leading firms on a monthly basis. This installment details the financial standing of Atlas Technical Consulting (ATCX) as of...
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...
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...
By Kart Vaith | Provide added value to your clients and approach every project with an emphasis on building trust and exceeding expectations.
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...
Domestic Transactions: 11/8/2022 Full-service, multidisciplinary consulting firm LJA Engineering (Houston, TX) acquired multidisciplinary engineering and surveying company Alliance Engineering & Planning (Alpharetta, GA). Link to Details. 11/9/2022 Pennoni (Philadelphia, PA, a multidisciplinary consultancy, acquired civil engineering and land surveying firm CH...
By Mark Zweig | Private equity firms that used to have no interest in AEC are now putting their money into companies in our industry.
Bernhard Capital has launched a dedicated AEC platform with an investment in Zweig Group client Grace Hebert Curtis Architecture. GHC will continue to be led by CEO Jerry Hebert and its current management team, which will retain...
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:...
By Luke Carothers | It’s fitting that we seek out this highly engineered desert oasis as a place of celebration.
By Mark Zweig | A few of the reasons a great, successful firm can falter and experience a fall from grace.
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:...
By Todd Perry | Lessons learned after taking a big risk to launch a new firm in an up-and-coming sector.
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...
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...
By Mark Zweig | There are so many positive aspects of this industry, and it’s important that we keep reminding ourselves and our people why this is such a great business.
Burke Pemberton, CFO and principal with Stok, discusses his firm's focus on the built environment, sustainability as a good business practice, equitable governance, and why Stok invests so much in its company culture.
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:...
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. Please...
By Justin Smith | When done well, this approach allows you to create a lean, flexible process that empowers your project managers to focus on maximizing value.
By Stephanie Warino | Improve your win rate by listening to what your clients say they want, instead of pushing the services you want to sell the most.
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:...
By Andy Chavez | Who are these private equity extraterrestrials, what do they want, and how long will they be here?
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. -...
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...
Happy New Year! 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...
By Will Anderson | Five ways that inflation could be eating away at your firm’s growth and what you can do about it.
By Mark Zweig | If you’re running a business, you have to pick and choose carefully what information you consume and how you process and employ it in your own business.
Domestic Transactions: Bernardon (West Chester, PA), a full service architecture, interior design and landscape architecture firm has announced that they have joined the Core States Group of Companies (Duluth, GA). Core States Group is a leading national provider...
By Liisa Andreassen | President of Universal Engineering Sciences (Orlando, FL), a firm that has provided essential engineering services throughout the United States for nearly six decades.
By Brian Rice | Starting early with your ownership transition planning provides ample time to position your staff and firm to maximize your firm’s value.
Domestic Transactions: Leading multi-disciplinary firm that provides consulting, technical, scientific, and project delivery services, Jacobs (Dallas, TX), has entered into a definitive agreement to acquire BlackLynx (Rockville, MD). BlackLynx is an industry leader in the...
Domestic Transactions: Erdman Anthony (Rochester, NY), a multidisciplinary engineering firm with offices across the Eastern U.S., has acquired Dwyer Engineering (Hoboken, NJ). Dwyer Engineering is a mechanical, electrical, plumbing, and refrigeration engineering firm. Link to...
By Mark Zweig | The AEC industry is facing unprecedented demand for what we do. If there was ever a time to say that slow-paying clients are not acceptable, it is now.
Domestic Transactions: Chen Moore and Associates (Fort Lauderdale, FL) expanded their professional engineering consulting services by acquiring Fred Wilson & Associates (Jacksonville, FL). With this acquisition, Chen Moore and Associates now has electrical capabilities and...
Domestic Transactions: STV Group, Inc. (Douglassville, PA), has acquired an employee-owned engineering, architectural, and field services consulting firm, CP&Y, Inc. (Dallas, TX). Link to Details RESPEC (Rapid City, SD), a mining, energy, water, environment, and...
By Mark Zweig | If you truly want “best practices” for your firm, you need to look for real innovation versus following the pack.
Domestic Transactions: Burgess & Niple (Columbus, OH) has entered into a definitive agreement to purchase CMA Engineering, Inc. (Austin, TX). CMA provides land development and civil engineering services focused on utility design in the central...
By Christina Zweig Niehues | This year’s Hot Firms achieved incredible success at a time of great change and uncertainty.
Domestic Transactions: Investment funds managed by Morgan Stanley Capital Partners (New York, NY) have acquired a controlling interest in Alliance Technical Group (Decatur, AL) from Align Capital Partners (Dallas, TX). Alliance Technical Group is the...
FAYETTEVILLE, Ark. (July 22, 2021) – Zweig Group, a leading provider of advisory services, research, and education for the AEC industry, announced that Dathan Gaskill has joined the firm as Managing Director of Zweig Group...
By Mark Zweig | There are many variables to consider when planning for an ownership transition in an AEC firm.
Domestic Transactions: Salas O'Brien (Santa Ana, CA) has acquired SIA Solutions, LLC (Houston, TX). SIA Solutions is a professional services engineering and consulting firm specializing in program and project specific solutions in Environmental Consulting and...
Facility planning, design, construction management and commissioning firm, Salas O'Brien, (Santa Ana, CA) has acquired PCI Skanska (Evansville, IN) from Skanska USA. The acquisition of PCI Skanska adds an engineering team focused on power and...
Endurance Partners, a leading investment group that partners with exceptional management teams for the long-term, has made a strategic investment in Westwood Professional Services, Inc., a national award-winning AEC firm. Zweig Group, a full-service AEC...
Domestic Transactions HDR, (Omaha, NE) a leading design firm has acquired WKE (Santa Ana, CA). WKE has expertise in design and construction management for streets and highway corridors, bridges, runway structures, trail and transit facilities,...
Domestic Transactions Tetra Tech, Inc., (Pasadena, CA) a leading provider of high-end consulting and engineering services has announced that The Kaizen Company (Washington, DC) has joined its international development practice. The Kaizen Company is an...
By Lillian Minix | The pandemic has changed the way we network, opening doors to many more opportunities than we could have imagined.
Engineering News-Record Top 500 firm, Adurra Group, (Tampa, FL) a consulting and engineering services to public and private entities throughout the United States has acquired and merged with Infrastructure Engineering Corporation (Poway, CA). IEC is...
Long Point Capital (New York, NY) has sold its investment in Woolpert (Dayton, OH) in connection with a new strategic investment by MSD Partners, who are partnering with the Woolpert management team. With its exit,...
Industry leader Terracon (Olathe, KS) acquired Sport Environmental Services (Midland, TX), a provider of environmental services and consulting to energy production/oil and gas clients in the Permian Basin. Link to Details Employee-owned engineering, environmental, and...
By Mark Zweig | An experienced and competent financial manager could make a huge difference in your company’s and your personal financial well-being.
Sentinel Capital Partners (New York, NY), a private equity firm that invests in lower mid-market companies, recapitalized iconic transportation EA firm TranSystems (Kansas City, MO). Link to Details SAM Companies (Austin, TX) acquired R&S Digital...
By Mark Zweig | Firm owners need to be thinking about and planning for the huge wave of business that’s coming just around the corner.
4 S.T.E.L. Engineering (Mission Viejo, CA), an engineering firm with a broad range of expertise focused on structural and electrical design and engineering, acquired structural engineering firm Bushra Tsai (Anaheim, CA). Zweig Group represented 4...
By Julie Benezet | Mentors do not fight for candidates’ advancement opportunities. That is the job of champions.
We don’t know what this year will bring, but by focusing on existing relationships and building stronger relationships, we can ensure long-term success.
By Will Swearingen | Management incentives can be used to motivate key staff and to build capital and liquidity for individuals in the event of a transition.
CEO of Olsson (Lincoln, NE), an employee owned 1,300-person firm that is working to leave the world better than they found it.
If your firm has the following characteristics, the more likely an ESOP is a good and viable option for your firm.
By Will Swearingen | Don’t let the concept of treasury stock cloud your transition strategy.
Parametrix (Seattle, WA) has acquired Civil FX (Las Vegas, NV), a company that blends civil engineering with visualization and immersive reality. The acquisition will expand the firm’s visualization as well as augmented and virtual reality...
By giving employees the opportunity to own company stock, you can develop a culture in which employees have a greater stake in the company and more opportunities to reap the rewards of capital ownership.
Marketing has a role in building brands, developing strategies, winning work, and more – and the firms that invest heavily in marketing reap the rewards.
WSP(Montreal, Canada) and Altus Group Limited(Toronto, Canada), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, officially joined forces to form the combined entity, GeoVerra Inc....
WGI (West Palm Beach, FL) strengthened it's civil engineering, transportation planning, land planning, landscape architecture, structural engineering service lines with the acquisition of Team Better Block (Dallas, TX). Team Better Block will retain its branding...
By Jamie Claire Kiser | Despite the challenging environment, there are tremendous opportunities to be had.
Wunderlich-Malec (Eden Prairie, MN), a provider of advanced technology, software and engineering solutions for a variety of industries across the globe, is acquiring the staff and patented mGrid technology of IPP Connect (Elmhurst, IL), a...
By Jamie Claire Kiser | Discarding an entire year’s worth of results may be an even greater barrier to future success than our current circumstances.
RESPEC (Rapid City, SD), a consulting company that specializes in mining, energy, water, environment, and technology, announced the acquisition of PDC Engineers (Fairbanks, AK). The combined entities will operate from 25 offices in 14 states...
By Jamie Claire Kiser | Addressing questions about the impact of COVID-19 through the lens of the Great Recession.
By Phil Keil | Recommendations for how your firm can adjust budgets and make smart investments of your money, your time, and your energy.
Montrose Environmental Group (Irvine, CA) has acquired CTEH (Little Rock, AR), a scientific consulting firm that specializes in emergency preparedness, response and recovery. Montrose partnered with funds managed by Oaktree Capital Management to finance the...
Salas O’Brien (Santa Ana, CA) has announced its acquisition of Global Engineering Solutions (GES) (Bethesda, MD), creating a combined firm of 33 offices with more than 800 team members and 180 registered professionals. Link to...
“[These tactics] can help you keep control of your business while creating a culture that leads to continued growth and success.”
ESOPs are becoming an increasingly common tool for succession planning among AEC firms.
“If you have lofty ambitions for the growth of your firm, but aren’t exactly sure of what you need to do to accomplish it, here is my best advice.”
Implement these tips to decrease tension and drastically increase the utility of your feedback.
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...
It’s important to understand your business model and the various outside factors that can affect the execution of an ESOP transaction.
STV (New York, NY), a national leader in design, planning, and construction management, signed a definitive agreement with The Pritzker Organization (Chicago, IL) to recapitalize the ownership of STV and position the company for future...
“What causes AEC firms to fail? I have been a student of this business for 39 years now. Here’s what I have seen.”
If you’re looking to grow your firm, be diligent and adaptable in finding the IT system that suits your needs.
Industry leader WSP (Montreal, Canada) announced that it has entered into a definitive merger agreement in connection with its proposed acquisition of environmental firm, Ecology and Environment (Lancaster, NY). Link to details EN Engineering (Warrenville,...
“Sometimes in business you just have to do something that generates results NOW. There’s no time to waste. You need action and something good to happen. Your prosperity depends on it.”
Parsons Corporation (Centreville, VA) entered into an agreement to acquire QRC Technologies (Fredericksburg, VA) from private equity firm DC Capital Partners (Alexandria, VA) for $215 million in cash. Link to details EN Engineering (Warrenville, IL),...
Pond & Company (Peachtree Corners, GA) has partnered with private equity investment firm DC Capital Partners (Alexandria, VA). The partnership is intended to provide capital to allow Pond to grow and create greater value for...
Learn from attorneys, business advisors, and other professional service providers on how to avoid commoditization in the AEC industry.
Lamar Johnson Collaborative (Chicago, IL), a design and architecture subsidiary of Clayco (Chicago, IL), announced that it will combine with Clayco-owned architecture firm BatesForum (St. Louis, MO), creating one firm of more than 240 professionals....
“We need to collect our money sooner. With dragged out collection periods, most companies don’t have the working capital they need without borrowing.”
President of JCJ Architecture, a local, national, and global architecture, planning, and interior design firm based in Hartford, Connecticut.
“It’s a balancing act. Deal with problems – big ones – urgent ones. But don’t forget to invest in your future.”
Ownership transition is a complex and ever-changing problem for the majority of AEC firms. No two firms are alike – so no universal formula or methodology will work in every situation. Creators of internal ownership...
President and CEO of LACO (Best Firm Multi-discipline #46 for 2018), a California firm with a famously branded shirt.
For S-corps and C-corps, ESOPs offer different, but significant, tax benefits to both the selling shareholder and the surviving company.
Firm managers run a production process. If the deliverables get out the door, great. If not, cash flow – and company value – could be harmed. Over my career, I have had some disappointed clients....
Undisciplined growth, poor people focus, low financial performance, and a weak capital structure can sink a firm – even big ones with brand names. I’ve been working with several colleagues for the past four years...
A lot of people leave their jobs because they hate their bosses. They stay because the C-suite listens to what they have to say. The results of the Best Small and Medium Workplaces 2018 present...
President and CEO of Tectonic Engineering & Surveying Consultants P.C. (Hot Firm #89 for 2018), a 500-person multifaceted engineering firm based in Mountainville, NY. By Liisa Andreassen Correspondent “Years ago we tried the sales force...
If you don’t identify and address your firm’s problems, you could increase the measure of risk while decreasing value. There is a four-letter word floating around out there that’s probably the first that comes to...
Giving your clients a say in the layout of their new healthcare space will improve that client’s processes, enhancing overall flow. Why is LEAN-based space planning so important in healthcare facilities? It’s a simple answer:...
Chairman and CEO of NV5 (Hot Firm #1 for 2018), a 2,000-person global engineering firm headquartered in Hollywood, Florida. By Richard Massey Editor “I must convey to every employee that we are in this together,”...
We all like and need profits, but there’s more to doing business than the bottom line, and the A/E industry should take heed. I’ve previously written about a group I’ve become active with here in...
President and founder of McCarthy Engineering Inc. (Hot Firm #74 for 2016), a 41-person firm based in Wyomissing, Pennsylvania. “Our philosophy is that no one can be perfect on their own, but together as a...
Take this quick 15 question survey to receive $150 off any Zweig Group research product and a FREE report of the findings from this quick survey. Over the last ten years technology has provided numerous...
If you want entrepreneurship in the DNA of your firm’s culture, a top-down commitment to innovation and risk is essential. How important is culture? Since it’s the amorphous, intangible, and mysterious thing that drives your...
Digital is critical, but don’t fixate on having an army of followers. Instead, use social channels to build your brand equity. What is the first thing you do when you wake up in the morning?...
President and CEO of EAPC Architects Engineers (Marketing Excellence #3 Website and #1 Holiday for 2017), a 140-person firm based in Grand Forks, North Dakota. Editor’s note: EAPC, founded in 1967, is celebrating its 50th...
President of Ross & Baruzzini (Hot Firm #57 for 2017), a 270-person international design and consulting company based in St. Louis. By Liisa Andreassen Correspondent “We’ve offloaded some of our IT functions to the cloud...
This is the second installment of the Modern Marketing for the AEC Industry series. Click here to read the first installment. What is the first thing you do when you wake up in the morning?...
Eroding profitability. Never good. Never fun. The result is less and less money to go around. I’m not going to talk about the obvious things such as labor costs that are too high, overly lavish...
President and CEO of Hargrove Engineers + Constructors, a Mobile, Alabama-based company with 1,200-teammates in 11 states. By Liisa Andreassen Correspondent For Hargrove, success starts with company culture. In fact, he says, culture to a...
If we want to make this world a better place to live, it’s up to us, and not elected officials, to make it happen. Leadership is the single characteristic of behavior that determines a person’s...
FAYETTEVILLE, Ark. (April 14, 2017) –Zweig Group recently released the 2017 Financial Performance Survey of Architecture, Engineering, Planning and Environmental Consulting Firms. This annual publication is based on a survey of industry firms, and is...
So you’re thinking about acquiring an A/E firm? You’ve got a lot of questions to ask yourself, and you need to have honest answers. In a recent article, I wrote about how important it was...
If we want to make this world a better place to live, it’s up to us, and not elected officials, to make it happen. Leadership is the single characteristic of behavior that determines a person’s...
Book about elevating sustainability as a national strategic imperative is an impressive guide on how the US can shape a prosperous future. My daughter was at a sustainability conference in Santa Clara, California recently. She...
President and CEO of Jones|Carter (Best Firm Multidiscipline #17 and Hot Firm #18 for 2016), a 465-person engineering firm based in Houston, Texas. By Liisa Andreassen Correspondent “The board must conduct itself as a board...
Should you buy a firm or sell yours? That’s the question, and regardless of the answer, there’s a lot that goes into a successful merger or acquisition. In the ever-evolving AEC industry, both large and...
President and one of the founding partners of San Diego-based Rincon Consultants, Inc. (Hot Firm #35 for 2016), a 115-person environmental planning and engineering firm. By Liisa Andreassen Correspondent Mike Gialketsis shares his insights on...
Science, technology, engineering, and math are great, and adding art to the mix can elevate all of them. It’s an age-old debate: Right brain or left? Science or art? Or today’s version: STEM or the...
Do whatever it takes to get your foot in the door, and then keep your foot on the gas pedal if you want to compete in a big market. Had I known in 1995 what...
Georgia firm grew by nearly 38 percent last year and is poised to start working nationally, and even internationally. By Liisa Andreassen Correspondent Before founding the Foresite Group (Best Firm #18 Multidiscipline for 2016) in...
Through enlightened business practices, young firm leaders are embracing a world of freedom, harmony, prosperity, and compassion. It’s energizing to be around young entrepreneurs with exciting ideas. My wife and I are honored to be...
As a matter of personal “policy” and business philosophy, I don’t get into politics in these pages or any of the other publications or social media outlets used by me or my businesses. Just seems...
An influx of foreign capital and an acute housing crisis have created a surge in tall buildings, and in an ancient, low-slung city, that’s controversial. By Richard Massey Managing Editor Once dominated by landmarks like...
Complex redevelopment of a blighted area prompts team to be creative across the board – design, personnel, technology, and funding. While having a glass of wine with colleagues from New York, we reflected on the...
Zweig Group’s 2016 Financial Performance Survey of Architecture, Engineering, and Environmental Consulting Firms, gives firm leaders a clear view into industry trends and financial metrics that can help firms effectively manage their resources. The best...
In a recent article, I wrote about how important it was to prepare your firm for sale even if you are not thinking about an external ownership transition. You can read that article here. This...
A lot of A/E/P firms complain, but in fact, they’re not really trying to grow. As an executive in residence teaching entrepreneurship in the Sam M. Walton College of Business at the University of Arkansas,...
Leaders in the A/E/P and environmental consulting industry need to know their firm’s value. Many architecture, engineering, planning, and environmental consulting firm leaders don’t have a solid grasp on their firm’s value. But, if you’re...
FAYETTEVILLE, AR (December 22, 2015) – Zweig Group congratulates Westwood Professional Services on their acquisition of Pogue Engineering and Development Company of McKinney Texas. Zweig Group has provided ongoing consulting services to Westwood Professional Services...
M&A really isn’t all about the valuation and the payout terms. For sellers, there is usually a strong emotional attachment to the company that they’ve devoted years, resources, and their career to growing. A concern...
(The following is an excerpt from the book Successful Project Management for A/E/P and Environmental Consulting Firms, by Ernest Burden) Client service. Client-focused. Client-driven. Client-centered. Every A/E/P and environmental consulting firm includes these words in...
Press Release: November 8, 2011 FAYETTEVILLE, Ark. (November 8, 2011) – Take cue Apple. Holding on to too much cash can be perilous for business enterprises, not the least design firms. An article in the...
By W. Hobson Hogan Principal, Investment Banking ZweigWhite Owners often ask me when is the best time to sell their firms. It’s a common question. The answer that they are seeking typically hinges on valuation...
Press Release: July 22, 2011 FAYETTEVILLE, Ark. (July 22, 2011) –ZweigWhite has consolidated and branded its internal consulting team which manages mergers, acquisitions, valuations, and ownership transition under the new moniker, MAVALOT. Right now these...
By W. Hobson Hogan ZweigWhite Principal, Investment Banking I have represented many businesses in M&A processes and I have analyzed both great and not-so-great firms. In all of these M&A processes, I have witnessed some...
By Hobson Hogan Just as the proverbial third wheel, the statement of cash flows gets summarily skipped over by management. In earnings calls, CFOs spend time talking about sustainable earnings and strong balance sheets. Where...
By Tracey D. Jeffers There is a four letter word floating around out there in the atmosphere that is likely the first formed in the mind of an investor when determining whether or not an...
1. Buy-Side Representation ZWEIGWHITE has been focused on business management services, research and information for architecture, engineering and environmental consulting firms since 1988. As such, we are uniquely qualified to find the right business(es) to...
Press Release: February 16, 2011 Economists are pointing to a halting recovery in the nonresidential construction sector, holding back on their earlier predictions of a recovery this year. The Zweig Letter, ZweigWhite’s weekly management journal,...
Press Release: February 5, 2011 How firms value their enterprises has far-reaching implications that impact both the firms and their shareholders on a financial, organizational and cultural level and is, according to ZweigWhite Valuation Consultant...
Press Release: December 22, 2010 New Management How-To Book Helps Every Business Manager. Management From A to Zweig, Revised Edition, is the one book to own if you are serious about your firm’s success. Want...
A “gloom and doom” economic outlook is still seen by many in the A/E and environmental business, even after the recent pronouncement that the recession officially ended in June 2009. This offers opportunities— as well...
As many firms in our industry are still reeling from a tough market for what they do, it is becoming almost blasphemous to suggest that they get back to a growth philosophy. It’s not that...
If you aren’t worried about your banking relationship right now, you are deluding yourself. Besides the fact that we have already had firms in our business— large firms— put out of business by their banks,...
Probably no one warned you before you started your A/E/P or environmental consulting firm about the slipperiest of slippery slopes— one you don’t want to go down— that of not paying your bills on time....
I first predicted the recession on Aug. 13, 2007, in an article in The Zweig Letter, Issue No. 724, entitled, “Many have been lulled…” (referring to the false sense of security about the economy that...
After 28 years of working with architects and engineers who are either sole or part owners in their firms, I can honestly say that these folks are deficient in their knowledge of rudimentary finance and...
Most of us know that it isn’t really hard to start an A/E or environmental firm. You don’t need a lot of capital or other resources to hang a shingle and make a run for...
I’ve often thought what it would have been like to live at the turn of the century (1900). Change must have been coming so fast— electricity, indoor plumbing, telephones, and automobiles, along with so many...
I had a lengthy conversation the other day with someone who is currently in the throes of helping his company design a new incentive compensation plan. This fellow is a smart guy. He had done...
Here’s one thing we can all agree on. No one likes a whiner. Complainers suck you down. They are depressing. And when they work in our firms in key roles, they are like a cancer....
Friday afternoon finally rolled around. Joe Jetson gathered up everything he needed to work at home over the weekend and tossed it all into his briefcase. This was the worst week Joe could remember in...
Curt Robinson closed his middle desk drawer with a resounding thud. “This is the last time I’ll be sitting here,” he thought to himself as he threw last year’s calendar into the cardboard box of...
No! I refuse to let pop culture permeate this temple of good management! It doesn’t matter to me whether it’s Jerri, Mad Dog, Kel, or Edna who gets booted off of the island. What I...
You start your A/E/P or environmental firm with a great business plan. Your marketing strategy pays off and you get lots of projects. Your recruitment approach works and qualified employees are lined up at your...
Opportunity is all around us. A lot of how successful you are depends on how you see things. The fact is, most A/E/P or environmental firms could do a better job cashing in on assets...
Why do some firms grow, have happy employees, keep satisfied clients, and make their owners rich, while others start up, muddle along, and then either continue to muddle along or fizzle out completely? If you...
We just got back from the 15th Annual Inc. 500 Conference and Award Ceremony held in Philadelphia. Zweig White & Associates made it onto Inc. magazine’s list of 500 fastest-growing privately held firms for the...
One of the principals of a firm I have been acquainted with for a couple of years called the other day to tell me he had just left a board of directors’ meeting where they...
There’s truth to the old adage that “the seeds of destruction are sown along with the spoils of success.” We see it all the time, but that doesn’t make it any more palatable. I’m talking...
Every so often, it becomes necessary for principals and managers of A/E/P and environmental consulting firms to remind certain staff members that theirs is much more than a technical service business. It is a consulting...
There really is something to the notion that you do your best work when you feel good about what you are doing. This is especially true when you are under stress. Any professional working in...
Because marketing really is “where it’s at” for firms in this business, it’s hard for me to keep from writing about it. You see, an A/E/P or environmental consulting firm can solve just about any...
Several recent experiences with consulting engineering firms lead me to believe that it’s time all of us looked at our compensation schemes and put some incentive back into the business— especially for principals. The desire...
Many of our readers are already reflecting back on a year that was not so great, financially speaking. But in 1993, some firms will find this cloud really does have a silver lining. Many firms...