Weekly merger, acquisition, deal update: May 4

This week Morrissey Goodale tracked two domestic deals and six international deals. This most recent activity brings the total year-to-date deal count in the United States to 52, down 18% from the 64 domestic deals tracked through the same period in 2011. Beyond the U.S., the total global deal count is now 101, down 21% from the 129 global deals tracked through the same period last year.

05/04/2012


This week Morrissey Goodale tracked two domestic deals and six international deals.  This most recent activity brings the total year-to-date deal count in the United States to 52, down 18% from the 64 domestic deals tracked through the same period in 2011.  Beyond the U.S., the total global deal count is now 101, down 21% from the 129 global deals tracked through the same period last year.

As the 2012 First Quarter Review shows, industry consolidation slowed in the first quarter - contrary to forecasts.  However, as evidenced by this week's deals, the global mining, energy and power sectors show robust activity with no shortage of buyers looking to diversify their earnings via the addition new service lines, client types and geographies.


2012 Merger and Acquisition, Courtesy: Morrissey GoodaleM&A TRANSACTIONS   

5/2/2012

Consulting, engineering, program management, construction and technical services leader Tetra Tech (Pasadena, CA) signed a definitive agreement to purchase CRA Engenharia (Belo Horizonte, Brazil), a 310-person mining engineering practice that provides EPCM services focused primarily on iron ore and precious metal clients.  Link to details

4/30/2012

Middle-market private equity firm CIVC Partners (Chicago, IL) acquired EN Engineering (Woodridge, IL), a 350-person, leading energy-focused professional services firm providing engineering, consulting, automation and integrity management services to the natural gas, liquid petroleum and related industrial markets.  EN Engineering performs engineering and consulting services for most of the major natural gas transmission, distribution, and liquid pipeline companies.  Participating in the transaction were Madison Capital Funding (providing senior debt financing) and both Hartford Investment Management Company and Brookside Mezzanine Partners (providing mezzanine financing).  Link to details

5/3/2012

Community-based wind power development and management company Juhl Wind (Pipestone, MN) acquired Power Engineers Collaborative (PEC) (Milwaukee, WI), a multi-discipline engineering firm specializing in the power industry, renewable sector, heavy industry and building systems markets.  Link to details 

5/2/2012

In a very interesting and noteworthy initiative for the industry (though not considered a deal for the purposes of this update) global architecture and design firm NBBJ (Seattle, WA) entered into a 50/50 joint venture with American Shared Hospital Services (AMS) (San Francisco, CA), a leading provider of turnkey technology solutions for radio surgical and radiation therapy services, to commercialize and sell patented and patent-pending technologies designed to increase efficiency and improve patient outcomes in the operating room.  Link to details

5/1/2012

Engineering, construction services, planning and design firm Dessau (Laval, Quebec, Canada) acquired MG Ingenieros (Santiago, Chile), a 30-person engineering firm specializing in mining processes and industrial infrastructure, with a special focus on structures, mills, concentrators and foundries.  Link to details

4/26/2012

Global mining, metallurgical, energy and infrastructure engineering and construction services firm Hatch (Mississauga, Ontario, Canada) acquired MEK Engenharia (Rio De Janeiro, Brazil), a 120-person multi-discipline engineering firm to the energy and power sector, with particular experience in the design of hydropower stations and wind power.  Link to details

5/2/2012

Global renewable energy and risk management experts DNV (Oslo, Norway) acquired the oil spill preparedness company Norwegian Petro Services (NPS) (Harstad, Norway).  With the acquisition, DNV can combine its environmental risk and oil spill analysis services with NPS' specialist expertise in planning and organizing spill preparedness to provide a complete service portfolio to its client base.  Link to details

4/27/2012

Consulting engineering, environmental technology and architecture firm Sweco (Stockholm, Sweden) acquired 18-person residential architecture and housing design firm Brunow & Maunula Architects(Helsinki, Finland).  Link to details

4/24/2012

Venture capital firm EV (Birmingham, United Kingdom) backed a management buyout of 22-person engineering consultancy Health, Safety and Engineering Consultants (HSEC) (Leicestershire, United Kingdom).  Originally established in 1991 to provide engineering services for British Coal, HSEC now provides forensic investigation and expert witness services for law firms and insurance companies in cases involving dealing personal injury, commercial liability and health and safety.  Link to details 

4/27/2012

In another interesting and noteworthy initiative for the industry (also not considered a deal for the purposes of this update), leading provider of advanced positioning solutions and products Trimble(Sunnyvale, CA) entered into a definitive agreement to acquire 3D modeling tool SketchUp from Google.  As part of the SketchUp platform, Trimble will also partner with Google on running and developing SketchUp's 3D Warehouse, an online repository where users can find, share, store and collaborate on 3D models.  Link to details

 


Morrissey GoodaleContent provided by Morrissey Goodale.

 

 



No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
Each year, a panel of Control Engineering editors and industry expert judges select the System Integrator of the Year Award winners.
Control Engineering Leaders Under 40 identifies and gives recognition to young engineers who...
Learn more about methods used to ensure that the integration between the safety system and the process control...
Adding industrial toughness and reliability to Ethernet eGuide
Technological advances like multiple-in-multiple-out (MIMO) transmitting and receiving
Virtualization advice: 4 ways splitting servers can help manufacturing; Efficient motion controls; Fill the brain drain; Learn from the HART Plant of the Year
Two sides to process safety: Combining human and technical factors in your program; Preparing HMI graphics for migrations; Mechatronics and safety; Engineers' Choice Awards
Detecting security breaches: Forensic invenstigations depend on knowing your networks inside and out; Wireless workers; Opening robotic control; Product exclusive: Robust encoders
The Ask Control Engineering blog covers all aspects of automation, including motors, drives, sensors, motion control, machine control, and embedded systems.
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
News and comments from Control Engineering process industries editor, Peter Welander.
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
This is a blog from the trenches – written by engineers who are implementing and upgrading control systems every day across every industry.
Anthony Baker is a fictitious aggregation of experts from Callisto Integration, providing manufacturing consulting and systems integration.
Integrator Guide

Integrator Guide

Search the online Automation Integrator Guide
 

Create New Listing

Visit the System Integrators page to view past winners of Control Engineering's System Integrator of the Year Award and learn how to enter the competition. You will also find more information on system integrators and Control System Integrators Association.

Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Control Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.