Latest A/E/C Mergers and Acquisitions in the News

PSMJ Resources, Inc.
Posted on: 06/15/18
Written by: PSMJ Resources, Inc.

 new_header_concept-1.jpg

merger_image-2.jpg

Here’s a recap of some of the latest A/E/C mergers and acquisitions that have been announced in recent weeks.

June 14, 2018 – Structural engineering firm Thornton Tomasetti (New York, NY) acquired 60-person technical consulting firm MMI Engineering (Warrington, UK) that specializes in the oil and gas, nuclear, utilities and infrastructure markets.

 June 1, 2018Summit Design and Engineering (Hillsborough, NC) acquired Community Planning Partners (Richmond, VA).  “We are extremely excited to welcome CPP’s employees and clients to the Summit team,” said Jim Parker, PE, PLS, president and CEO of Summit. “We have been long-time partners with CPP and have always admired and respected their work and expertise.”

May 10, 2018 – Architecture and design firm GraceHebert Architects (Baton Rouge, LA) acquired New HMS Architects (New Orleans, LA).  “The acquisition of HMS Architects stems from a mutually respectful and collaborative working relationship,” said President of GraceHebert Architects Jerry Hebert. “HMS Architects’ outstanding reputation and long-standing legacy in the Greater New Orleans area coupled with our resources and presence in a wide variety of industries will endow both entities with new growth opportunities.”

M&A Survival Tips_Ebook.jpgMerger & Acquisition (M&A) activity in the architecture and engineering space is certainly on the upswing and well on its way to reaching pre-recession levels. But, how ready are you for taking on the task of buying or selling an A/E firm?  If you are looking for tips to help your firm navigate through the M&A process, check out PSMJ's complimentary ebook M&A Survival Tips for A/E Firm Leaders.Learn More Now!

 

Other M&A Related Posts:

Getting Ready to Sell? Think Like a Buyer!

What You Must Know About Private Equity

Growing Revenue = Growing Valuation?  Be Careful What You Wish For!

6 Ingredients For M&A Success

 

 

 

SUBSCRIBE TO BLOG:
March 15, 2024

A.I. STRENGTHS & WEAKNESSES in AEC Applications

If there’s so much confusion about what A.I. is, does it really matter whether a machine actually exhibits artificial intelligence if it does the job it’s asked to do? In many..

Read More
March 11, 2024

Accelerating cash flow with automation: Your guide to greater efficiency and control

Are your finance operations slowed by manual data entry and paper trails? For the architecture, engineering, and construction (AEC) industries, where transparency and efficiency..

Read More
February 29, 2024

50 AEC Predictions for the Next 50 Years

To recognize and celebrate 50 years of improving the business performance of AEC organizations worldwide, we’re already looking forward to how we can help you grow and prosper..

Read More