Engineering Inc - January/February 2012 - (Page 32)

Mergers and Acquisitions T International Expansion Into U.S. Fuels Surging M&A Marketplace By m i k e cau l ey and environmental services hree hundred global • RPS Group (Abingdon, firm RBF Consulting (Irvine, industry deals had been U.K.), an energy, environmenannounced through tal management, planning Calif.). 2011 at the time this article and development consultant, • Jacobs Engineering Group, Inc. (Pasadena, was written (Nov. 29, 2011), announced the acquisition of compared with 226 through the oceanographic and metocean Calif.), acquired architecsame period a year earlier—an consulting firm Applied Sciture, engineering and inteence Associates (South increase of almost 33 percent. Of riors firm KlingStubbins these transactions, 157 involved Kingstown, R.I.) and Espey (Philadelphia). Consultants (Austin, Texas), • RESPEC (Rapid City, S.D.), a U.S.-based seller—a 12 percent increase over the 140 deals an environmental, water and an energy and mining, water for the same period last year. civil engineering company. and natural resources firm, These are heady times for • GHD (Perth, Australia), an acquired Moser & Associates Engineering (Denver), engineering, architecture and domestic M&A, and we expect environmental consulting which specializes in stormwato see continued heightened firm, merged with Winzler & ter design services, channel activity through the new year, as Kelly (Santa Rosa, Calif.) and restoration and floodplain all the fundamentals remain in water and wastewater engimanagement. place. International expansion neering firm Commonwealth • Parsons (Pasadena, Calif.) into the U.S. market is also likely Engineering & Technology entered into a definitive to continue, despite a temporary (Harrisburg, Pa.). agreement to acquire Sparta slowdown in 2011. (dba Cobham Analytics SoluSeveral deals involving ACEC • Michael Baker Corporation (Moon Township, Pa.) tions) (Lake Forest, Calif.), a Member Firms have contributed acquired planning, surveying provider of advanced systems to this trend: engineering, cybersecurity and mission support services primarily to the U.S. intelligence community. • S&ME (Raleigh, N.C.), an engineering and environmental services firm, acquired BBC&M Engineering (BBCM) (Dublin, Ohio), a civil engineering firm specializing in the provision of geotechnical engineering, geodesign, environmental, materials testing and construction observation services throughout the Midwest. Mike Cauley is principal consultant at Morrissey Goodale, LLC, a strategy, M&A and human capital solutions firm serving the A/E/C industry. He can be reached at mcauley@ morrisseygoodale.com. US vs Int’l Sellers: Total US Sellers Total Int’l Sellers US Sellers to Int’l Firms Int’l Sellers to US Firms 157 143 17 18 2011 MERGER AND ACQUISITION ACTIVITY Firm Sales by State through November 29, 2011 States by Total Activity: 21 or more Transactions 16 to 20 Transactions 11 to 15 Transactions 6 to 10 Transactions 1 to 5 Transactions No Transactions 8 WA MT 1 2 ND 3 ME VT 6 7 1 OR 2 1 2 MN WI NH MA ID SD 7 NY MI 7 2 NJ WY CT RI 1 3 1 16 NV CA 1 NE 7 IA 4 1 6 PA UT CO 1 2 IL IN 2 OH WV 10 MD DE DC MD 3 KS 1 MO VA 7 KY 2 6 2 AZ OK 1 TN 5 1 2 NC NM AR MS AL GA SC 1 14 2 AK TX LA 6 FL © Morrissey Goodale LLC 2011 All Rights Reserved HI 32 ENGINEERING INC. JaNuaRy / FEbRuaRy 2012

Table of Contents for the Digital Edition of Engineering Inc - January/February 2012

Engineering Inc. - January/February 2012
Contents
From ACEC to You
News and Notes
Legislative Action
A Capitol Investment
A Brighter Light
Professional Liability Insurance Survey of Carriers
2012 Annual Convention Preview
Business Insights
Risk Management
Members in the News
Mergers and Acquisitions

Engineering Inc - January/February 2012