Weekly merger, acquisition, deal update: May 18

This week Morrissey Goodale tracked three domestic deals and two international deals. This most recent activity brings the total year-to-date deal count in the United States to 58, down 15% from the 68 domestic deals tracked through the same period in 2011.


This week Morrissey Goodale tracked three domestic deals and two international deals.  This most recent activity brings the total year-to-date deal count in the United States to 58, down 15% from the 68 domestic deals tracked through the same period in 2011.  Beyond the U.S., the total global deal count is now 111, down 19% from the 137 global deals tracked through the same period last year.  Be sure to click here for Morrissey Goodale's 2012 First Quarter Review of industry M&A activity.

2012 Merger and Acquisition Activity, Courtesy: Morrissey GoodaleM&A TRANSACTIONS   


Multi-discipline engineering and land surveying firm KC Engineering (New York, NY) merged with Eustance & Horowitz (E&H) (Circleville, NY), a consulting engineering and surveying firm specializing in water and sewer work in the tri-state area.  The merger is expected to be complete by the end of May.  Link to details


International professional services firm Versar (Springfield, VA) reached an agreement to acquire Charron Construction Consulting (Dulles, VA), a national construction management firm providing agency construction management and LEED/sustainability consulting services in the office, retail, industrial, civic and government facilities sectors.  The transaction is expected to close within 30 days.  Link to details


Engineering, environmental and consulting services firm Wenck Associates (Maple Plain, MN) acquired Emergency Planning & Incident Consultants (EPIC Group) (Bismark, ND), a provider of emergency preparedness consulting to a wide variety of national, regional, state and local emergency service, government, and private sector entities.  Link to details 


International engineering and construction company M+W Group (Stuttgart, Germany) signed a contract to acquire Reliable Plant Solutions (RPS) (Schkeuditz, Germany), a 60-person engineering company involved in the design and construction of power plants fired by both conventional and renewable fuels and located in Europe, Asia and the Middle East.  The transaction is subject to approval by Germany's Federal Cartel Office.  Link to details


Engineering, procurement and construction company China CAMC Engineering (CAMCE) (Beijing, China) acquired 60% of the stock of Procon Holdings (Vancouver, British Columbia, Canada), a contract mining and tunnel engineering services firm to the mining and water conservancy sectors.  The acquisition is part of CAMCE's efforts to expand into the North American engineering market.  Link to details


In an interesting initiative (though not considered a deal for the purposes of this update) multi-discipline engineering, surveying and environmental services firm Provost & Pritchard Consulting Group (Fresno, CA) picked up a lease on an engineering office in Los Banos, CA, after global architecture and engineering design firm AECOM Technology Corporation (Los Angeles, CA) decided to not renew it.  Provost & Pritchard also hired the five engineering and support staff members that worked from that office and is looking to enhance its ability to serve their water and public works clients in the San Joaquin Valley through the initiative.  Link to details 


Morrissey GoodaleContent provided by Morrissey Goodale.


No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2013 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
A cool solution: Collaboration, chemistry leads to foundry coat product development; See the 2015 Product of the Year Finalists
Raising the standard: What's new with NFPA 70E; A global view of manufacturing; Maintenance data; Fit bearings properly
Sister act: Building on their father's legacy, a new generation moves Bales Metal Surface Solutions forward; Meet the 2015 Engineering Leaders Under 40
Cyber security cost-efficient for industrial control systems; Extracting full value from operational data; Managing cyber security risks
Drilling for Big Data: Managing the flow of information; Big data drilldown series: Challenge and opportunity; OT to IT: Creating a circle of improvement; Industry loses best workers, again
Pipeline vulnerabilities? Securing hydrocarbon transit; Predictive analytics hit the mainstream; Dirty pipelines decrease flow, production—pig your line; Ensuring pipeline physical and cyber security
Upgrading secondary control systems; Keeping enclosures conditioned; Diagnostics increase equipment uptime; Mechatronics simplifies machine design
Designing positive-energy buildings; Ensuring power quality; Complying with NFPA 110; Minimizing arc flash hazards
Building high availability into industrial computers; Of key metrics and myth busting; The truth about five common VFD myths

Annual Salary Survey

After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.

The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.

Read more: 2014 Salary Survey: Confidence rises amid the challenges

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.