M&A Update – Five more domestic deals; U.S. M&A up 30%

380 U.S. DEALS

LATEST 12 MONTHS

30%

561* 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 – Five more domestic deals; U.S. M&A up 30%

COMMENTARY & INSIGHT

Infrastructure engineering firm Beam, Longest & Neff's (ENR #353) merger with McIntosh Perry marks the 15th ENR Top 500 design firm to be sold or recapitalized this year. Thirteen of these transactions have been completed by private equity (PE) or family office-backed buyers. Hear the reasons behind the accelerated flow of PE capital into the AE industry by listening to Mick Morrissey in Engineering Influence's most downloaded podcast episode EVER!

DOMESTIC TRANSACTIONS

8/18/2021

Architecture and engineering firm EVstudio (Denver, CO) merged with neUdesign Architecture (Meridian, ID). The combined firm will continue to operate under the EVstudio brand name. Link to details >

8/18/2021

Bowie Gridley Architects (Washington, D.C.), a firm that specializes in master planning and design for K-12 independent school clients, joined DLR Group (Minneapolis, MN) (ENR #60). Link to details >

7/16/2021

SJB Group (Baton Rouge, LA), a planning, surveying, site development, and subsurface utility engineering firm, announced that GWS Engineering (Baton Rouge, LA) leadership and staff have joined the firm. Link to details >

8/15/2021

SAM Companies (Austin, TX) (ENR #98) acquired Johnson Surveying and Mapping (Jacksonville, FL), a land surveying firm that serves the utilities and land development markets and other public sector clients. Link to details >

8/18/2021

Consulting engineering firm McIntosh Perry (Ottawa, Canada) merged with infrastructure engineering firm Beam, Longest & Neff (BLN) (Indianapolis, IN) (ENR #353). The partnership will carry on business in Canada as McIntosh Perry and continue as BLN in the U.S. Link to details >

GLOBAL TRANSACTIONS

8/13/2021

KBR (Houston, TX) entered into a definitive agreement with Babcock International Group (London, UK) to acquire Frazer-Nash Consultancy (Dorking, UK), a provider of systems engineering, assurance, and technology advisory services. Link to details >

8/16/2021

ENR's #20 ranked global design firm, AFRY (Stockholm, Sweden), acquired Cubiq Analytics Oy (Helsinki, Finland), a data and analytics consulting firm. Link to details >

8/16/2021

ENR's #64 ranked global design firm, Royal HaskoningDHV (Amersfoort, Netherlands), acquired a majority interest in Hydroinformatics Institute (H2i) (Singapore), a water information firm that applies digital solutions to the world’s climate and water-related challenges. Link to details >

8/14/2021

Electrical engineering firm CJK Engineering (Dublin, Ireland) acquired McGrattan & Kenny (Dublin, Ireland), a provider of building services for commercial and industrial establishments. 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.

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

(The most popular 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.

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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