flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

M&A activity at U.S. AEC firms up slightly

M&A activity at U.S. AEC firms up slightly

Total mergers and acquisitions in the AEC industry hit 171 in 2012, up slight from the 169 deals in 2011.


By Posted by BD+C Staff | January 2, 2013

Total mergers and acquisitions in the AEC industry hit 171 in 2012, up slight from the 169 deals in 2011, according to consulting firm Morrissey Goodale, Newton, Mass. (www.morrisseygoodale.com).

One recent acquisition: Gantt Huberman Architects, a 26-person architecture/interiors firm in Charlotte, N.C., by Bergmann Associates, an architecture-engineering-planning firm headquartered in Rochester, N.Y. This makes the twelfth office for Bergmann and gives it a toehold in the Carolinas, according to Morrissey Goodale. Bergman now has 375 employees.

Meanwhile, supergiant Canadian A/E design firm Stantec, Edmonton, Alb. (2011 revenues: $463,300,000) was set to close on the acquisition of Greenhorne & O’Mara, a 520-employee engineering firm in Laurel, Md. Stantec also said it would pick up 21-person Architecture 2000, Moncton, N.B.

Other recent M&A activity of note:

  • Moseley Architects (Richmond, Va.), known as a specialist in public-sector work, merged with BeeryRio (Springfield, Va.), a specialist in the design of senior housing.
  • Haskell, an integrated designer, engineering, and construction firm based in Jacksonville, Fla., purchased H.R. Gray (Columbus, Ohio), a program management and construction services firm specializing in municipal projects.
  • Canadian giant IBI Group (Toronto) finalized the deal for M-E Companies (Columbus, Ohio), an 80-member CE firm. +

Related Stories

Government Buildings | Dec 11, 2017

Is this the world’s most humane prison?

The C.F. Møller-designed prison’s architecture supports the inmates’ and staff’s mental and physical well-being.

Architects | Dec 7, 2017

Snow Kreilich Architects receives the 2018 AIA Architecture Firm Award

Julie Snow, FAIA, founded the firm in Minneapolis in 1995, and later was joined by partner Matt Kreilich, AIA.

Architects | Dec 7, 2017

2018 AIA Gold Medal awarded to James Stewart Polshek

In 1963 Polshek started his first architecture firm, James Stewart Polshek Architect.

Architects | Dec 4, 2017

Architects to Congress: ‘You're making a terrible mistake’

House and Senate gut historic building credits and penalize architecture firms.

Architects | Dec 1, 2017

The third wave of urban waterfront development

The nature of waterfront redevelopment has been evolutionary, in the truest sense of the word.

Multifamily Housing | Nov 29, 2017

First Porsche, now Aston Martin: Sports car maker co-develops Miami condo tower *UPDATED

The 391-unit Aston Martin Residences will feature seven penthouses and a duplex penthouse, all with private pools and terraces overlooking Biscayne Bay.

Industry Research | Nov 28, 2017

2018 outlook: Economists point to slowdown, AEC professionals say ‘no way’

Multifamily housing and senior living developments head the list of the hottest sectors heading into 2018, according a survey of 356 AEC professionals.

Multifamily Housing | Nov 28, 2017

Elementary school, daycare campus will serve Toronto’s skyrise neighborhood

The $65 million Canoe Landing Campus brings much needed social infrastructure to the 20,000 residents of Toronto’s CityPlace towers.

Architects | Nov 28, 2017

Adding value through integrated technology requires a human touch

To help strike that delicate balance between the human and the high-tech, we must first have an in-depth understanding of our client’s needs as well as a manufacturer’s capabilities.

Architects | Nov 17, 2017

How to leverage historic tax credits

About 90% of the time prospective clients are not aware of historic tax credits.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021