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...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Additive manufacturing advancements; Machine vision enhances robotics; Fieldbus evolution; Process safety; Advice from System Integrators of the Year; Road to IANA
Salary and career survey: Benchmarks and advice; Designing controls; Remote data collection, historians; Control valve advances; Hannover Messe; Control Engineering International
System integration: Best practices and technologies to help; Virtualization virtues; Cyber security advice; Motor system efficiency, savings; Product exclusives; Road to Hannover
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
PLCs, robots, and the quest for a single controller; how OEE is key to automation solutions.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Digital oilfields: Integrated HMI/SCADA systems enable smarter data acquisition; Real-world impact of simulation; Electric actuator technology prospers in production fields
click me