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

PSMJ Resources, Inc.
Posted on: 10/30/23
Written by: PSMJ Resources, Inc.

Here’s your look at some of the latest A/E/C mergers and acquisitions making headlines.

September 18, 2023 – Horrocks (Pleasant Grove, UT) announced a strategic partnership with Trilon Group (Denver, CO), a family of infrastructure consulting businesses across the United States. Through this partnership, Trilon will support Horrocks by investing in their trusted brand of leadership and credibility. “As we looked for a strategic partner, alignment on a people-first culture was critical,” said Bryan Foote, President of Horrocks. “I believe we found that alignment with Trilon and its family of outstanding firms.”

October 4, 2023 – SK Capital (New York, NY) acquired Milestone Environmental Services (Houston, TX). SK Capital has taken a controlling stake in Milestone in partnership with President and CEO Gabriel Rio, who will continue to serve in that role and retain significant ownership in the Company. Jack Norris, a Managing Director of SK Capital, stated, “We are highly impressed with the market-leading, sustainability-driven business that Gabriel and the Milestone management team have built. It is well-positioned to further grow its core business in difficult-to-abate industries as environmental regulations become more stringent and Milestone’s customers are increasingly focused on meeting ambitious decarbonization targets. We are excited to partner with management to capture this growth opportunity as well as support its further progress towards becoming a leader in CCS and other related markets.”

October 9, 2023 – DeSimone Consulting Engineering (New York, NY) acquired construction consultancy firm, Decipher (Cheshire, England). Decipher now joins DeSimone’s worldwide network of offices, amplifying DeSimone’s extensive Construction Consulting Services arm in the United Kingdom. Stephen DeSimone, Chairman and CEO of DeSimone Consulting Engineering, shared, “DeSimone has a proud Consulting Services legacy across the globe that has delivered superlative services to our clients for years. We welcome Paul, Bill, and the Decipher team as we continue to undertake transformative projects in new and exciting locations.” The acquisition of Decipher follows the recent addition of Hebden Bridge-based structural engineering firm DP Squared to DeSimone’s international team. The move reaffirms DeSimone’s commitment to growing its presence in the UK and its commitment to excellence and superior service within the construction and engineering industry.

October 10, 2023 – Ardurra Group (Miami, FL) acquired Inwood Consulting Engineers, Inc. (Orlando, FL). Ardurra’s President & CEO, Ernesto Aguilar, explained, “We are excited about having the talented professionals at Inwood join Ardurra and foresee a strong partnership given a shared entrepreneurial spirit and complementary firm values. We look forward to the significant growth opportunities that can be unlocked in Florida under the two businesses’ combined expertise and experience.” David Coleman, President of Inwood adds, “The growth opportunity for our firm and staff attracted us to Ardurra, but their leadership and culture matched ours so well that we didn’t know where Inwood ended and Ardurra began. The fit couldn’t have been better, and we see an incredible future together.”

October 16, 2023 – SSOE Group (Toledo, OH) acquired Integrated Engineering Services (Santa Clara, CA). SSOE CEO Vince DiPofi, PE, expressed enthusiasm for joining of the two firms, "We are excited about this opportunity and the benefits it will bring to our clients and employees. This acquisition allows us to broaden our expertise, expand our service offerings, and deepen our resources for project execution. Together, as a combined firm, we will be able to provide even more value and support to our clients." Jeremy Woodgate, PE, SE, the firm's Chief Operating Officer, added, "SSOE and IES share a common commitment to client service and complex problem-solving, as well as a dedication to making our clients successful. IES brings impressive expertise in areas that are critical to our clients including cleanroom design, industrial and lab ventilation, specialty and toxic gas distribution piping systems, process and bulk chemical distribution systems, purity water and wastewater treatment, hazardous building codes, fire codes, and regulatory compliance and permitting."

October 16, 2023 –Stengel Hill Architecture (SHA) (Louisville, KY), a full-service architecture and interior design firm specializing in complex healthcare facilities, received a strategic investment from Godspeed Capital (Washington, DC) a lower middle-market Defense & Government services, solutions, and technology-focused private equity firm. Through this investment, Godspeed Capital will partner with SHA leadership to establish a leading architectural, engineering, and consulting services platform with a core focus on serving the U.S. healthcare facilities market through organic expansion and strategic add-on acquisitions.

October 16, 2023 – BHDP Architecture (Cincinnati, OH) acquired RGG Architects PLLC (Raleigh-Durham, NC). “We are thrilled to welcome the RGG team to our BHDP family,” said David Johnson, President & COO at BHDP Architecture. “Their expertise in healthcare architecture is a valuable addition to our team, and we are confident that working together will allow us to provide our clients with even more impactful services to achieve their strategic results.” The acquisition of RGG Architects is part of BHDP Architecture's ongoing strategy to expand its capabilities and offer its clients more valuable and diversified services. BHDP is committed to designing for people, and the firm believes that adding the expertise of RGG Architects will allow it to better deliver on that promise.

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