Here’s a recap of some of the latest AEC mergers and acquisitions that have been announced in recent weeks.
October 23, 2019 – Multi-Disciplinary engineering firm Hydrock (Almondsbury, United Kingdom) acquired MRB Consulting Engineers (Yorkshire, United Kingdom), a building services design and environmental engineering consultancy. Dr Brian McConnell, Hydrock’s CEO, said: “This is a great strategic move for both Hydrock and MRB. It provides us with a base in a key geographic location giving access to the strong property development market in and around Leeds and across Yorkshire.
October 16, 2019 – Engineering firm DJ&A (Missoula, MT) acquired the assets of Ecosystem Research Group (Missoula, MT). “We serve a very large number of federal clients, and one of the needs they have is environmental compliance through the National Environmental Policy Act,” Christopher Anderson, president and CEO of DJ&A, said. “ERG provides those services at a very high level. The marriage made a lot of sense when we started looking at it.”
Merger & 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 AE 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 AE Firm Leaders.
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