Weekly merger, acquisition, deal update: February 7
This week Morrissey Goodale reported six deals in the United States and two international deals involving Australia, New Zealand, and the United Kingdom.
This week Morrissey Goodale reported six deals in the United States and two international deals involving Australia and the United Kingdom.
Atlantic Engineering (Kinnelon, NJ) has merged with industry leading, employee-owned Johnson, Mirmiran & Thompson (JMT) (Sparks, MD). Atlantic Engineering provides services related to underwater inspections, as well as the investigation, repair design and construction inspection of structures such as bridges, dams, piers, bulkheads, ferry terminals, platforms, and water tanks. Link to details
Engineering, architecture, and environmental services firm Halff Associates (Dallas, TX) acquired 20-person oil and gas engineering design firm TriTex Technologies (Dallas, TX). This acquisition will result in the formation of Halff TriTex, LLC and will provide natural gas processing design, safety and hazard analysis, pipeline design, and production facility design services. Link to details
Energy-focused design and construction firm Zachry Holdings (San Antonio, TX) acquired substantially all of the assets of full-service engineering, procurement and construction management firm, Commonwealth Engineering & Construction (Houston, TX). Commonwealth provides process evaluations and studies, detailed engineering, procurement and construction management services. Link to details
Architecture and engineering consultancy Mead & Hunt (Madison, WI) acquired H2O in Motion (Marquette, MI), a specialist in water and wastewater treatment focusing on the operation and management of treatment facilities for municipal, industrial and mining clients. Link to details
Full-service engineering and architecture firm Farnsworth Group (Bloomington, IL) acquired 14-person architecture firm SEM Architects (SEM) (Denver, CO). SEM's services include architectural, master planning, entitlements, and interior design services for clients in mixed-use, retail, office and build-to-suit markets. Link to details
Professional and technical engineering and consulting firm NV5 (Hollywood, FL) acquired Air Quality Consulting (AQC) (Brandon, FL), a provider of occupational health, safety and environmental consulting services. Link to Details
Natural resources and infrastructure engineering services company Calibre Group (Perth, Western Australia) announced that its wholly owned civil and urban infrastructure services business, Brown Consulting (Stirling, Western Australia) acquired 120-person consulting, engineering and surveying firm Spiire NZ (Dunedin, New Zealand) from the Downer EDI Group. Link to details
Planning consultancy Hives Planning (Reading, United Kingdom) has merged with chartered surveying and property consulting firm Smiths Gore (Peterborough, United Kingdom). Link to details
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey