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

| Mar 14, 2012

Plans for San Francisco's tallest building revamped

The glassy white high-rise would be 60 stories and 1,070 feet tall with an entrance at First and Mission streets.

| Mar 14, 2012

Hyatt joins Thornton Tomasetti as VP in Chicago

A forensic specialist, Hyatt has more than 10 years of experience performing investigations of structural failures throughout the U.S.

| Mar 14, 2012

Tsoi/Kobus and Centerbrook to design Jackson Laboratory facility in Farmington, Conn.

Building will house research into personalized, gene-based cancer screening and treatment.

| Mar 13, 2012

China's high-speed building boom

A 30-story hotel in Changsha went up in two weeks. Some question the safety in that, but the builder defends its methods.

| Mar 13, 2012

Commercial glazer Harmon expanding into Texas

Company expanding into the Texas market with a new office in Dallas and a satellite facility in Austin.

| Mar 13, 2012

Worker office space to drop below 100-sf in five years

The average for all companies for square feet per worker in 2017 will be 151 sf, compared to 176 sf, and 225 sf in 2010.

| Mar 12, 2012

Improving the performance of existing commercial buildings: the chemistry of sustainable construction

Retrofitting our existing commercial buildings is one of the key steps to overcoming the economic and environmental challenges we face.

| Mar 9, 2012

2012 Giants 300 survey due Friday, April 13

See how your firm ranks among the AEC industry leaders. 

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

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