Selling your AEC firm
Will Swearingen & Jeff Adams | Preparing your firm early can strengthen value, build buyer confidence, and make an eventual merger or acquisition far less disruptive.
10 results found for “lower risk”
Will Swearingen & Jeff Adams | Preparing your firm early can strengthen value, build buyer confidence, and make an eventual merger or acquisition far less disruptive.
By Mark Zweig | Your firm is not worth what you think it is, but what a buyer is actually willing to pay.
By Brian Diehl | Leadership transitions succeed when firms communicate clearly, transfer knowledge intentionally, and protect trust through periods of change.
By Mark Zweig | When family enters the org chart, leaders must manage perception, opportunity, and accountability with far more discipline.
By Sara Grayum | AI is accelerating fast, but in AEC the real opportunity lies in using it to expand capacity, not replace people.
By Tristan Harper | Construction contracts are not professional services contracts, and confusing the two creates uninsured risk for AEC firms.
By Greg Sepeda | Many AEC leadership groups operate like golf teams – strong individuals, but little coordination – leaving collective results far short of potential.
By Ricardo Jesús Maga Rojas | The middle is where emerging talent either grow into leaders or quietly disengage.
By Zachary Strickland | Successful program managers anticipate risks, guide tough conversations, and create confidence amid complexity.
By Matt Cooper | Software should reduce friction, surface better information sooner, and free people up to do higher-value work.
By Nam Douglass | Operational lessons and compliance priorities for AEC firms in 2026.
By Mark Zweig | For AEC firm owners and top managers who say they care about value but keep acting like they don’t.
By Brad Wilson | ESOP success in AEC firms depends on financial discipline, clear governance, and treating employee ownership as a lasting cultural investment.
By Michael Sanderson | This is one of the most powerful tools we have to reduce risk, train effectively, grow sustainably, and do better work.
By Matt Cooper | These firms often rely on few clients, multitasking staff, and undocumented processes, creating volatility, inefficiency, and growth challenges.
By Janki DePalma | Recognition matters, but real growth happens when leaders value quiet progress, not just visible wins.
By Tom Godin | Innovation in AEC must create measurable value for owners through smarter, more sustainable solutions.
By Steve McAdams | Lessons from M&A show that leadership, culture, and client diversity drive sustainable growth and firm value.
By Kyle Ahern | Recent survey data reveals a surprising dip in satisfaction among mid-career professionals.
By Chris Connell | Purpose-built technical report management technology in AEC mergers drives cost savings, productivity, collaboration, standardization, and scalable growth.
By Travis White | The rise of nearshoring can reduce costs, address talent shortages, and enhance growth opportunities for AEC firms.
By Mark Zweig | Sparkplugs are the people in your business who make things happen – and they are essential if you want to grow beyond what you alone can ignite.
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 Kristin Kautz | In the rapidly evolving universe of AI, firms willing to “go big” will be at the forefront of transformation – with all of the risk and reward that implies.
By Mark Zweig | Leverage construction loans for AEC business real estate ownership, enhancing assets and financial health.
By Mark Zweig | Stand out by steering clear of cliches, as they make firms seem generic and may push clients away.
By Earl Bennett | Working within a safety-conscious culture contributes to the health and well-being of both employees and the organization.
By Will Swearingen, Kevin Johns & Alexis Martin | Finding extra deductions or credits will serve you now and when the time comes to transfer ownership.
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 Travis White | The benefits that come with being a growth-focused firm far outweigh the risks.
By Liisa Andreassen | CEO of Waggoner (Jackson, MS), a civil engineering firm of planners, designers, and engineers with a passion for helping communities realize their potential.
By Mark Zweig | Private equity firms that used to have no interest in AEC are now putting their money into companies in our industry.
By Ted Grace | This is a cost-effective alternative for AEC leaders seeking to manage enterprise risk.
By Kevin Johns | Despite the uncertainty and impact caused by potential tax law changes, inflation, and the pandemic, forecasts are strong overall for the AEC industry for 2022.
By Rob Hughes | Having a clear understanding of some key insurance concepts can help your firm navigate heightened requirements and hard insurance market conditions more effectively.
By Abdo Kardous | How an initial leap to the Middle East jump-started success around the globe for U.S.-based Hill International.
By Rob Hughes | With the market hardening for AEC professional liability insurance, an accurate and complete application may help keep your firm’s premium as low as possible.
By Julie Benezet | People have adapted to new ways of working and living, and in the process discovered new ways of thinking.
By Joan DeLorey & Jared Maxwell | All indications point to 2021 being a year when more buyers see higher rates for their professional liability insurance.
By Mark Zweig | Saying you want to buy another firm in this business is one thing – actually doing it is another.
By Mark Zweig | If you’re trying to buy or thinking about buying another company in this business, here are a few things that may be helpful to you.
Design firms in the process of renewing their professional liability insurance will find the marketplace generally stable and competitive, even amid uncertainty created by COVID-19.
Owner and managing partner at Batture, LLC (New Orleans, LA), a firm dedicated to delivering outstanding results while creating powerful social and environmental change.
By Mark Zweig | “If there’s a silver lining in this crisis it is that we may each have a chance to reevaluate our priorities and improve the quality of our lives from here on.”
Burnout prevention is the key to healthy, growing, and resilient organizations, especially now.
President and CEO of Westwood (Minneapolis, MN), a firm that’s been focused on enhancing communities with smart engineering for almost 50 years.
Believing in your value is the first step to success in winning on value. The next step is to walk away when clients don’t fit your new standards.
CEO of EDiS (Wilmington, DE), a fifth generation family-owned firm that has been thriving in the same region for more than a century.
As market conditions for professional liability insurance evolve, there’s a great deal you can do to position your firm for a more favorable renewal.
Managing a client’s expectations is a delicate art that requires planning, restraint, and diligence.
In an M&A deal, the seller’s professional liability insurance for legacy projects will likely come into play. Deal with it early on.
Using both sides of his brain, and with empathy, can-do man is engineering a great career in Seattle.
Considering a design project in the fledgling cannabis industry? Make sure your professional liability coverage won’t go up in smoke.
President of Reaveley Engineers, a national structural engineering firm based in Salt Lake City, Utah.
President of JCJ Architecture, a local, national, and global architecture, planning, and interior design firm based in Hartford, Connecticut.
If you’re like the rest of us, your firm is busy. But as the projects and revenue pour in, so do plenty of problems that you’ll have to deal with.
In today’s competitive market conditions, being able to spot red flags may prove helpful in knowing when to pull out of a discussion or for negotiating a more equitable transaction.
President and CEO of Kleinschmidt (Best Firm #34 Multi-Discipline for 2018), a 140-person environmental consulting firm.
CEO of SSOE Group (Hot Firm #44 for 2018), a global project delivery firm for architecture, engineering, and construction management based in Toledo, Ohio. By Liisa Andreassen Correspondent “All key positions within the company are...
By understanding the basics of performance-boosting behaviors, we can design a better approach to attract, develop, and retain top talent. Employee engagement is a powerful determinant of an organization’s success. Employee engagement is also central...
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...
AEC firms have new options for addressing the ‘Duty to Defend’ obligation in indemnification provisions. As clients continue to look for ways to transfer greater amounts of project-related risk to design firms, it has become...
As an industry, we generally leave a lot of money on the table and drive up costs with our lack of effectiveness in management and training. When we think of improving, we often turn to...
AEC firms must be diligent during design and construction to avoid becoming ‘responsible’ for worksite injuries or death. Although site safety generally is the responsibility of construction contractors and subcontractors, when injuries or deaths occur...
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...
Let’s face it. While there certainly has been an increase over the years in the number of architects, engineers, and other design professionals who have had formal business education, the solid majority of firm owners...
As the outlook for AEC firms remains bright and professional liability insurance rates stay competitive, the time is right to make sure your firm has adequate protection. Things are looking up for design firms. They...
Founder and CEO of GATE (Hot Firm #35 for 2017), a 300-plus person oil and gas engineering consulting company based in Houston. By Liisa Andreassen Correspondent “When clients/friends see what we post and comment to...
If you don’t want scope creep and unforeseen expenses to ruin your profit margins, try improving your estimating process. You planned for your project to make 14 percent, but you end up with 8 percent....
In states that adhere to the ELD, design professionals have a strong defense against third-party claims for economic damages. Know the law in your project state. Law books are full of various “doctrines” that have...
President and CEO of McAdams (Best Firm Civil #17 and Hot Firm #29 for 2017), a 180-person civil engineering firm based in Durham, North Carolina. By Liisa Andreassen Correspondent “There are many challenges with growth,...
President and CEO of VHB (Best Firm Civil #23 and Hot Firm #46 for 2017), a 1,400-person firm based in Boston, Massachusetts. By Liisa Andreassen Correspondent “Bottom line, when it’s the right move, and when...
You go to so much trouble to find the right person for your critical job opening. Sometimes, the process takes months. The higher level the job, the longer it takes to fill. Everyone is busy....
President and CEO of Universal Engineering Sciences (Hot Firm #85 for 2016), a 715-person multi-discipline firm based in Orlando, Florida. By Liisa Andreassen Correspondent “We make a distinction between marketing and sales,” Israel says. “We...
President of CMTA (Hot Firm #2 for 2017), a 250-person consulting engineering firm, and a leader in net-zero energy, based in Louisville, Kentucky. By Liisa Andreassen Correspondent “I think it’s important not to micro-manage people,”...
President of WestLAND Group, Inc. (Best Firm #41 Multi-discipline and Hot Firm #45 for 2017), a full-service civil engineering and land surveying firm based in Ontario, California. By Liisa Andreassen Correspondent “It’s important to identify...
You want your firm to be more valuable at the end of the project than it was at the beginning. Start to GRIPE. Many of our clients turn to us for assistance in providing project...
The first industries to adopt a new technology are the ones that succeed. Is your firm prepared for the age of artificial intelligence? According to Zweig Group’s 2016 Financial Performance Survey, net service revenue per...
A revamp of global bank capital standards is on hold during the change of administration in Washington, with U.S. and European Union negotiators locked in a “fundamental disagreement” over how to stop banks gaming the...
1. Stodge will continue to be the preferred cultural thrust for firms in 2017. Touting flexible hours, casual Fridays, and no tie Tuesdays, firms will continue to innovate as much for themselves as they do...
A trio of profound shifts in the A/E/P industry has made it much more difficult for firm owners to retire. As I enter my mid-50s (never thought it would happen) I have become privy to...
At $746 million, the EPA’s lowball price tag for cleaning up the Portland Harbor Superfund site is ‘wishful thinking,’ according to one important critic. By Richard Massey Managing Editor The Environmental Protection Agency recently released...
As the bumper sticker says, "Shit Happens." Unfortunately, it rarely occurs at the ideal time. Problems crop up that you didn't anticipate – health problems, a parent dies, a key employee quits, divorce, IRS audits...
By Jamie Claire Kiser, Director of M&A Services As experts in finding buyers and sellers for architecture, engineering, and environmental consulting firms, Zweig Group’s M&A team generally speaks with business owners at the inception of...
Smart investments and ability to effectively manage debt are key to success at these firms. By Christina Zweig What are fast-growth firms doing differently than their competitors in the A/E/P and environmental consulting industry? We...
Mark Zweig lists seven concerns, so it’s time to act. With the construction economy roaring back, it’s interesting to me to see some A/E and environmental firms cashing in on it and others that still...
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...
Press Release: December 30, 2010 The down economy presents many real estate options for the small business owner; but the tight A/E/P and banking climate might prove too difficult for many businesses to grasp the...
I am getting really tired of principals (and, in some cases, finance and accounting people) telling me that there’s no way they can do better than a 96-day, 105-day, or 119-day average collection period (ACP)...
I know it sounds corny, but the fact is, a client is precious. They are hard to get and harder to keep happy. We need to treat them as if they are as valuable as...
Air travel is at an all-time high for me. It’s always frustrating... so I couldn’t resist the opportunity to share some of my recent thoughts and observations: E-tickets. It always amazes me when I see...
I don’t want to be negative nor schizophrenic. Sure, there was panic after 9/11, but the fact is our industry (overall) has been remarkably healthy since then. The data still looks good in many sectors....
The idea came to me at 3:50 p.m. on Sunday, January 2, 2000. It was a balmy afternoon here in the Boston area— temperatures in the 60s, sunny and bright. I took out my wife’s...
These are the good old days for the A/E/P and environmental consulting business. Times are good. Firms are growing. Employment offers are going out weekly, daily, and in some cases, hourly. But did you ever...
The recent acquisition of Woodward-Clyde Group (Denver, CO) by URS Corporation (San Francisco, CA) is just one big deal among many, many other smaller deals that are going on weekly in the A/E/P and environmental...
There is a lot of merger and acquisition activity today. It seems like just about everybody is looking to buy or merge with someone else. We’ve never seen a higher level of interest in acquisitions....
A lot of firms in our business are going through some serious introspection. And if they aren’t, they probably should be. Change is occurring at an accelerating pace. Yesterday’s hot firm may be a dog...
When it’s time to hire, most A/E and environmental consulting firms do a pretty good job defining their needs in terms of education, registrations, experience, and so forth. But they don’t do a good job...