Weekly merger, acquisition, deal update: November 16

This week Morrissey Goodale tracked five domestic deals and one international transaction. This brings the total year-to-date deal count in the United States to 160, equal to the domestic deals tracked through the same period in 2011. Including the U.S., the total global deal count is now 282, down 7% from the 303 global deals tracked through the same period last year.


This week Morrissey Goodale tracked five domestic deals and one international transaction. This brings the total year-to-date deal count in the United States to 160, equal to the domestic deals tracked through the same period in 2011. Including the U.S., the total global deal count is now 282, down 7% from the 303 global deals tracked through the same period last year.

To see a listing of the mergers and acquisitions that Morrissey Goodale has facilitated in 2012 click here

This week Morrissey Goodale tracked five domestic deals and one international transaction. This brings the total year-to-date deal count in the United States to 160, equal to the domestic deals tracked through the same period in 2011. Including the U.S.,

M&A Transactions


Leading geotechnical, environmental, construction materials and facilities services firm Terracon Consultants (Olathe, KS) acquired Earthtec (Roseville, CA), a provider of geotechnical, environmental, special inspection and construction materials testing services in central and Northern California.  Earthtec features a wide client portfolio, including experience within the commercial/retail, industrial, healthcare, telecommunications, education, government and A/E/C sectors. Link to details 


In its fourth transaction of the year, leading North American design firm Stantec (Edmonton, Alberta, Canada) signed a letter of intent to acquire the assets of 150-person engineering and design firm C3TS (Coral Gables, FL).  Featuring additional offices in Fort Lauderdale, Boca Raton, West Palm Beach and Orlando, C3TS provides transportation and civil engineering, architecture, and environmental engineering services to major transportation agencies, municipalities and education institutions across the state of Florida. The transaction is expected to close at the end of November and in particular will augment Stantec's multidiscipline engineering and environmental services in Florida and the southeast U.S., bolster its presence along Florida's Atlantic Coast, and bring its total staff in the state of Florida to more than 350 across 12 offices. Link to details 


Global engineering, architecture and science consulting firm Kleinfelder (San Diego, CA) acquired Omni Environmental (Princeton, NJ), a 16-person consultancy offering services in the areas of water quality management, environmental contamination, renewable energy and other expert services including the provision of strategic planning and regulatory compliance support to a wide variety of public and private sector entities throughout the country. Moving forward, Omni will operate under the co-branded name Kleinfelder/Omni. We also note that late last week Kleinfelder also acquired Alliance Environmental Engineering & Consulting (Alliance) (St. Kilda, Australia), a 30-person provider of environmental services focused on the assessment, investigation, and remediation of impacted land and water. In particular, Alliance provides environmental, project management, civil contracting and strategic advice services to clients in the petrochemical, manufacturing, construction and real estate/development industries. Link to details 


International environmental consulting firm specializing in industrial air quality issues Trinity Consultants (Dallas, TX) merged with Enviro One (Baton Rouge, LA), an air quality consulting firm focused largely on the chemical, ship building/stevedoring, and pulp and paper industries. The merger will complement Trinity's existing air quality consulting coverage in the Gulf Louisiana and Gulf Coast region, expand its expertise in certain select industries and better serve clients of both firms in the Baton Rouge market. Link to details   


Full-service, multi-discipline consulting engineering and planning firm Cameron Engineering & Associates (Woodbury, NY) acquired Laszlo Bodak Engineer (New York City, NY), a provider of heating, ventilation and air conditioning, electrical, sanitary, fire protection and site engineering design services for new and rehabilitation projects across numerous client/market sectors. Moving forward, Laszlo Bodak Engineer will become an affiliate of Cameron Engineering & Associates and will operate under the name of Bodak-Cameron EngineeringLink to details 


In an interesting note (though not considered a transaction for the purposes of this update), 150-person geosciences, engineering consulting and environmental remediation services firm INTERA (Austin, TX) completed a $5 million funding deal intended to finance a mergers and acquisitions strategy. INTERA, which specializes in providing environmental, water resources and waste isolation solutions, intends to apply the funds towards two separate acquisitions over the next three years with a design towards increasing its size to approximately 250-300 employees and bolstering its position in Europe as well as the Southwestern and Southeastern U.S. Link to details 


In another interesting note (though also not considered a pure transaction for the purposes of this update), multi-discipline architecture, building engineering, land development, water resources, survey, architecture, energy, environmental and transportation firm WHPacific (Anchorage, AK) announced a recent consolidation of environmental services provider Sivuniq (Anchorage, AK) into the overall WHPacific operations.  Both companies are owned by NANA Development Corporation.  Through the consolidation, WHPacific expands its level of comprehensive environmental services offered to public and private sector clients.  Further, WHPacific is now one of the largest multi-discipline architecture and engineering firms based in Alaska, with a staff of 400, 20 offices throughout the U.S. and annual revenue exceeding $60 million. Of note too is that despite its size, WHPacific'sAlaska Native Corporation ownership status allows federal prime contractors to still count subcontracts to the firm as Small Business (SB) and Small Disadvantaged Business (SDB) under their subcontracting plans. Link to details 


In an interesting and noteworthy transaction (though also not considered a transaction for the purposes of this update), energy and power infrastructure contractor Primoris Services Corporation (McKinney, TX) signed a definitive agreement to acquire Q3 Contracting (Little Canada, Minnesota), a 700-person, $84 million (revenue) company specializing in small diameter pipeline and gas distribution construction and featuring customers from the gas, oil, electric and telecommunications industry. Total consideration for the deal consisted of a $48.1 million cash payment at closing and up to an additional $10 million in incentive provisions based on EBITDA performance levels achieved over the next two years.  Moving forward, Q3 will operate as part of Primoris's West Construction Services segment. Link to details

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...
The true cost of lubrication: Three keys to consider when evaluating oils; Plant Engineering Lubrication Guide; 11 ways to protect bearing assets; Is lubrication part of your KPIs?
Contract maintenance: 5 ways to keep things humming while keeping an eye on costs; Pneumatic systems; Energy monitoring; The sixth 'S' is safety
Transport your data: Supply chain information critical to operational excellence; High-voltage faults; Portable cooling; Safety automation isn't automatic
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.

Maintaining low data center PUE; Using eco mode in UPS systems; Commissioning electrical and power systems; Exploring dc power distribution alternatives
Synchronizing industrial Ethernet networks; Selecting protocol conversion gateways; Integrating HMIs with PLCs and PACs
Why manufacturers need to see energy in a different light: Current approaches to energy management yield quick savings, but leave plant managers searching for ways of improving on those early gains.

Annual Salary Survey

Participate in the 2013 Salary Survey

In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.

Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.

2012 Salary Survey Analysis

2012 Salary Survey Results

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.