M&A Update - Allied Resources Group makes a power play; Eleven other deals

340 U.S. DEALS

LATEST 12 MONTHS

14%

496* GLOBAL DEALS

LATESTS 12 MONTHS

14%

*Including U.S. deals

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

M&A Update - Allied Resources Group makes a power play; Eleven other deals

HEADLINE TRANSACTION

MAY 2021: Allied Resources Group (Exton, PA), a family of companies providing turnkey critical infrastructure services, acquired RTR Energy Solutions (Fairchance, PA), a project management services provider to the power delivery systems industry. Link to details >

Morrissey Goodale initiated the transaction and advised Allied Resources Group >

COMMENTARY

The A/E industry is consolidating at a record pace - up 14% year-over-year. This year we will see more design and environmental firms transact than ever before. Find out what's driving this change in our industry, get the most up-to-date deal pricing metrics and network with potential buyers, sellers and investors at our Texas M&A Symposium in Houston this October. Early bird registration is open now.

DOMESTIC TRANSACTIONS

5/25/2021

The Kaizen Company (Washington, D.C.), a provider of development advisory and management consulting services with more than 150 staff globally, joined industry icon Tetra Tech (Pasadena, CA) (ENR #4). Link to details >

5/26/2021

Healthcare design firm Salus Architecture (Seattle, WA) joined DLR Group (Minneapolis, MN) (ENR #60). The merger expands the array of specialty design services for both firms’ healthcare clients. Link to details >

5/24/2021

Architecture and urban planning firm Mainstreet Architects + Planning (Ventura, CA) joined 100% employee-owned firm RRM Design Group (San Luis Obispo, CA). The acquisition creates a fifth office location in California for RRM. Link to details >

5/21/2021

Marleon Capital (New York, NY) acquired CLS Planning and Construction Services (Guilford, CT), a construction management and owner's representative firm specializing in construction and capital improvement projects. Link to details >

5/27/2021

Architecture and planning firm Tonkin Architecture (Seattle, WA) joined SMR Architects (Seattle, WA). The combined Seattle-based firm of 39 employees will continue to be named SMR Architects. Link to details >

GLOBAL TRANSACTIONS

5/20/2021

Environmental consulting and services firm RSK Group (Helsby, UK) acquired four businesses: Stephenson Halliday (Kendal, UK), QSI (Hawke's Bay, New Zealand), Waldrams (London, UK), and Althoff & Lang (Cologne, Germany). Link to details >

5/25/2021

Project and construction management firm PMKConsult (Abu Dhabi, UAE) acquired ACS (Dubai, UAE), a regional value management and cost consultancy. Link to details >

5/25/2021

Buro Happold (Bath, UK) strengthened its consultancy capabilities with the acquisition of acoustics and audio-visual consultancies Vanguardia Limited (Surrey, UK) and its subsidiary Crowd Dynamics International (Surrey, UK). Link to details >

UPCOMING EVENTS

OCT 21-22, 2021

TEXAS M&A SYMPOSIUM

Houston, TX

THE event for Texas A/E or environmental consulting firm leaders and firms that want to grow in the Texas market. Registration is now open!

Early bird registration now open >

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.

Keep me updated >

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 >

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

To inquire about our Executive Search Services, contact:

Lisa Elster, Executive Recruiter, at

508-758-0191 or

Email Lisa Elster >

Virtual Reality Services

To inquire about our Virtual Reality Services, contact:

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

Email Mark Goodale >

THE RECAPITALIZATION OF THE A/E INDUSTRY BY PRIVATE EQUITY

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

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.

Get your copy of the book that's revolutionizing the AEC industry.

Order today!

Mastering Lean Leadership for the A/E industry is all about helping current and future A/E firm leaders blow the lid off their companies. Start learning your way toward your goals and achieving outcomes you previously thought impossible!