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
| Mar 29, 2012
Construction completed on Las Vegas’ newest performing arts center
The Smith Center will be the first major multi-purpose performance center in the U.S. to earn Silver LEED certification.
| Mar 29, 2012
Apartments provide permanent housing for California homeless
Gonzalez Goodale Architects designed complex to embrace community and engender sense of pride among residents.
| Mar 28, 2012
40 Under 40, the Class of 2012
Chosen from 223 applicants, these 40 young AEC professionals represent the Class of 2012 in Building Design+Construction’s “40 UNDER 40” competition.
| Mar 28, 2012
Milestone reached for LEED-certified buildings?
Total number of major global green buildings now stands at 12,000.
| Mar 28, 2012
Holden Cancer Center opens at University of Iowa Hospitals and Clinics
The new cancer clinic provides a significant increase in patient space from the prior facility, which was located in an adjacent building.
| Mar 28, 2012
Meridian Design Build Begins work on 38 acre redevelopment project
The project includes construction of a new 150,585-sf cross dock facility that will include full service truck maintenance and repair bays, a truck wash, and approximately 20,000-sf of corporate office space.
| Mar 28, 2012
Tsoi/Kobis & Associates developing master plan for UT Southwestern Medical Center
Firm will spearhead strategies for transforming existing in-patient hospital into state-of-the-art ambulatory care facility.
| Mar 28, 2012
Ideas and input drive stories in online community, noraXchange
Community designed to help building and design professionals address challenges they face in their jobs.
| Mar 27, 2012
Bank of America Plaza becomes Atlanta's priciest repo
Repo will help reset market prices for real estate, and the eventual new owner will likely set rental rates at a new or near the bottom and improve the facilities to lure tenants.
| Mar 27, 2012
Skanska hires aviation construction expert Bob Postma
Postma will manage Skanska’s nationwide in-house team of airport construction experts who lead the industry in building and renovating airport facilities and their essential features.
