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

The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
Each year, a panel of Control Engineering and Plant Engineering editors and industry expert judges select the System Integrator of the Year Award winners in three categories.
Pipe fabrication and IIoT; 2017 Product of the Year finalists
The future of electrical safety; Four keys to RPM success; Picking the right weld fume option
A new approach to the Skills Gap; Community colleges may hold the key for manufacturing; 2017 Engineering Leaders Under 40
Control room technology innovation; Practical approaches to corrosion protection; Pipeline regulator revises quality programs
The cloud, mobility, and remote operations; SCADA and contextual mobility; Custom UPS empowering a secure pipeline
Infrastructure for natural gas expansion; Artificial lift methods; Disruptive technology and fugitive gas emissions
Power system design for high-performance buildings; mitigating arc flash hazards
VFDs improving motion control applications; Powering automation and IIoT wirelessly; Connecting the dots
Natural gas engines; New applications for fuel cells; Large engines become more efficient; Extending boiler life

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

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.
The maintenance journey has been a long, slow trek for most manufacturers and has gone from preventive maintenance to predictive maintenance.
This digital report explains how plant engineers and subject matter experts (SME) need support for time series data and its many challenges.
This digital report will explore several aspects of how IIoT will transform manufacturing in the coming years.
Maintenance Manager; California Oils Corp.
Associate, Electrical Engineering; Wood Harbinger
Control Systems Engineer; Robert Bosch Corp.
This course focuses on climate analysis, appropriateness of cooling system selection, and combining cooling systems.
This course will help identify and reveal electrical hazards and identify the solutions to implementing and maintaining a safe work environment.
This course explains how maintaining power and communication systems through emergency power-generation systems is critical.
click me