M&A Update – Erdman Anthony acquires MEP/Refrigeration firm; M&A up 24 percent

389 U.S. DEALS

LATEST 12 MONTHS

24%

588* GLOBAL DEALS

LATEST 12 MONTHS

35%

*Including U.S. deals

Percentages represent latest twelve months year-over-year increase or decrease in deal activity.

M&A Update – Erdman Anthony acquires MEP/Refrigeration firm; M&A up 24 percent

HIGHLIGHTED TRANSACTION

OCT 2021: Erdman Anthony (Rochester, NY) (ENR #385) acquired Dwyer Engineering (Leesburg, VA), an M/E/P and refrigeration engineering firm that serves the food store, restaurant, retail, and office building markets. Link to details >

Morrissey Goodale initiated the transaction and advised Dwyer Engineering >

DOMESTIC TRANSACTIONS

10/19/2021

The A/E industry's most prolific buyer J.S. Held (Jericho, NY) acquired substantially all of the assets of Atlantic Environmental Solutions (Hoboken, NJ), an environmental consulting firm. Link to details >

10/15/2021

Multidisciplinary consulting firm Bowman Consulting Group (Reston, VA) (ENR #144) acquired BTM Engineering (Louisville, KY), a diversified professional services firm. Link to details >

GLOBAL TRANSACTIONS

10/21/2021

ENR's #12 ranked global design firm Stantec (Edmonton, Canada) acquired the North America and Asia Pacific engineering and consulting groups of Cardno Limited (Fortitude Valley, Australia), ENR's #45 ranked global design firm. The acquisition adds approximately 2,750 professionals in regions and sectors that align with Stantec's growth objectives. Link to details >

10/20/2021

Specialty engineering and environmental services firm Englobe (Quebec City, Canada) acquired Protostatix Engineering Consultants (Edmonton, Canada), a structural engineering firm. Link to details >

10/18/2021

IPS-Integrated Project Services (Blue Bell, PA) (ENR #123) acquired Linesight (Dublin, Ireland), a multinational consulting firm. IPS is a subsidiary of Alleghany Capital Corporation (New York, NY). Link to details >

UPCOMING EVENTS

JAN 19-20, 2022

SOUTHEAST STATES M&A SYMPOSIUM

Miami, FL

If you are an A/E firm interested in expanding into the Southeast through acquisition, or you are based in the Southeast and considering a sale or merger, this is the event for you.

Early Bird Registration >

JUNE 8-9, 2022

WESTERN STATES M&A SYMPOSIUM

San Francisco, CA

If you are an A/E firm leader interested in expanding into the West through acquisition, or you are based in the West and considering a sale or merger, this is the event for you.

Keep me updated >

WHO IS THE LEADING M&A ADVISOR SERVING THE TEXAS A/E MARKET?

We are. Click here to see the industry-leading 25 transactions we have advised on in the Lone Star state.

If you are a Texas firm interested in M&A or a firm looking to grow in Texas through acquisition we can help. Contact Mick Morrissey at 508-380-1868 or mmorrissey@morrisseygoodale.com.

M&A Advisory Services

To inquire about our M&A Advisory Services, contact:

Nick Belitz, CVA, Principal, at

303-656-6151 or

Email Nick Belitz >

Jeff Lookup, CM&AA, Principal Consultant, at 585-738-0667 or

Email Jeff Lookup >

Brendon Cussio, Principal Consultant, at 720-309-0704 or

Email Brendon Cussio >

Jon Escobar, CM&AA, Consultant, at

224-577-8595 or

Email Jon Escobar >

Executive Search Services

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Lisa Elster, Executive Recruiter, at

508-758-0191 or

Email Lisa Elster >

Virtual Reality Services

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Brendon Cussio, Principal Consultant, at 720-309-0704 or

Email Brendon Cussio >

Strategic Planning Services

To inquire about our Strategic Planning Services, contact:

Mark Goodale, Principal, at

508-283-9357 or

Email Mark Goodale >

Leadership Training & Development

To inquire about our Leadership Training & Development services, contact:

Mark Goodale, Principal, at

508-283-9357 or

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THE RECAPITALIZATION OF THE A/E INDUSTRY BY PRIVATE EQUITY

(The most downloaded episode of the Engineering Influence Podcast!)

Mick Morrissey, Managing Principal at Morrissey Goodale, visits the Engineering Influence podcast for its most downloaded edition EVER! to discuss the reasons behind the accelerating flow of private equity capital into engineering firms. Click here to listen.

2021 AE INDUSTRY M&A: MID-YEAR REVIEW

Check out Jon Escobar’s commentary about some of the most important M&A trends and highlights from the first half of the year in our 2021 AE M&A Mid-Year Review and corresponding infographic.

Congratulations to the over 125 clients Morrissey Goodale has helped achieve their M&A goals!

Click here to take a look at some of the transactions that we have assisted our clients with over the years.

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