377 U.S. DEALS
LATEST 12 MONTHS
34%
551* GLOBAL DEALS
LATESTS 12 MONTHS
34%
*Including U.S. deals    
Percentages represent latest twelve months year-over-year increase or decrease in deal activity.
M&A Update – U.S. M&A up 34%; Eight domestic deals
COMMENTARY & INSIGHT

U.S. M&A is up 34% year-over-year. 2021 is on track to be the most active year ever for industry consolidation. Join the Morrissey Goodale team this October in Houston, TX, for the 7th Texas M&A Symposium and connect with over 100 buyers, sellers, and investors from around the country while learning about M&A best practices and trends – including the most current deal pricing metrics.
DOMESTIC TRANSACTIONS

7/29/2021
Fast-growing Universal Engineering Sciences (UES) (Orlando, FL) (ENR #85) announced that BDT Capital Partners (Chicago, IL) has entered into an agreement to make a significant strategic investment in the company through an affiliated fund. BDT will become the majority shareholder of UES. Link to details >

7/23/2021
Engineering, architecture, and land surveying firm Abonmarche Consultants (Benton Harbor, MI) acquired engineering and surveying firm Milanowski & Englert (Grand Haven, MI). Link to details >

7/20/2021
ENR's #17 ranked global design firm, Mott MacDonald (Croydon, UK), acquired The Kercher Group (Newark, DE), a firm specializing in transportation asset management and engineering with extensive expertise in pavement, bridge, and maintenance management. Link to details >

7/21/2021
In the firm's second deal announcement of the week, Mott MacDonald (Croydon, UK) continued its U.S. expansion through the acquisition of Pacific Groundwater Group (Seattle, WA), a hydrogeology, groundwater/surface water interactions, modeling, soil, sediment, water chemistry, and regulatory strategy services firm. Link to details >

7/28/2021
PHASE Associates (Livingston, NJ), an environmental, health, and safety (EHS) services provider, acquired the assets of Atlantic Environmental (Dover, NJ), a consulting firm with expertise in EHS solutions. Link to details >

7/23/2021
Third-party testing and inspection services firm Quality Built (Fort Lauderdale, FL) announced the acquisitions of DuctTesters (Ripon, CA), a sustainability, engineering, testing, and inspection services provider, and SkyeTec Engineering (Jacksonville, FL), an MEP inspection services firm. Link to details >

7/23/2021
RL Property Management (Columbus, OH), a full-service residential property management firm, acquired Criterium-Liszkay Engineers (Gahanna, OH), an engineering firm specialized in home and building inspections. Link to details > 

GLOBAL TRANSACTIONS

7/27/2021
Commercial real estate services firm CBRE (Los Angeles, CA) announced a definitive agreement to acquire a 60% ownership interest in and enter into a strategic partnership with ENR's #7 ranked construction management-for-fee firm Turner & Townsend (Leeds, UK). Link to details >

7/27/2021
Industry icon Tetra Tech (Pasadena, CA) (ENR #4) acquired Hoare Lea (London, UK), a consultancy provider of mechanical, electrical, and public health engineering, environmental, and sustainability services. Link to details >

7/20/2021
International consulting firm AHT GROUP (Essen, Germany) announced the transfer of ownership from RSBG Infrastructure & Technologies (Essen, Germany) to ENR's #64 ranked global design firm Dorsch Holding (Frankfurt, Germany). Link to details >

7/8/2021
Oakville Enterprises Corporation (Oakville, Canada), a provider of energy and infrastructure solutions, completed the acquisition of DPM Energy (Vaughan, Canada), an engineering firm that offers electrical power grid and distribution design, installation, and utility rehabilitation services. Link to details >

7/23/2021
Gateley Vinden (Bolton, UK), a multi-disciplinary quantity surveying firm, acquired the business and assets of Tozer Gallagher (Manchester, UK), a surveying and construction services firm. Link to details >

7/27/2021
APEM (Manchester, UK), an environmental firm focused on freshwater and marine ecology and aerial surveys, acquired Woodrow (Ballisodare, Ireland), an environmental consulting firm that provides ecology, energy, sustainable construction, environmental education, and training. Link to details >
UPCOMING EVENTS
OCT 21-22, 2021
TEXAS M&A SYMPOSIUM
Houston, TX

Now in its seventh year! The ONLY M&A Symposium that brings together leaders of Texas A/E and environmental firms with M&A decision-makers from national and global buyers and industry investors.

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.

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.

M&A Advisory Services

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

Nick Belitz, CVA, Principal, at 
303-656-6151 or

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

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

Jon Escobar, CM&AA, Consultant, at
224-577-8595 or
Executive Search Services

To inquire about our Executive Search Services, contact:

Lisa Elster, Executive Recruiter, at
508-758-0191 or

Virtual Reality Services

To inquire about our Virtual Reality Services, contact:

Brendon Cussio, Principal Consultant, at 720-309-0704 or
Strategic Planning Services

To inquire about our Strategic Planning Services, contact:

Mark Goodale, Principal, at 
508-283-9357 or
Leadership Training & Development

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

Mark Goodale, Principal, at 
508-283-9357 or
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.

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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!
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About Morrissey Goodale

Morrissey Goodale LLC is a leading management consulting and research firm serving the Architecture, Engineering, and Construction (AEC) industry. 
Headquarters: 
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209 W. Central Street, Suite 317
Natick, MA, 01760
508-650-0040
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585-738-0667
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Chicago, IL 60611
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Houston, TX 77056
857-524-2211
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714.592.0557
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