OCT 2017: Andregg Geomatics (Auburn, CA) joined Psomas (Los Angeles, CA) (ENR #143) >

OCT 2017: Andregg Geomatics (Auburn, CA) joined Psomas (Los Angeles, CA) (ENR #143).  Andregg Geomatics is a leading Northern California surveying and mapping firm that offers geomatics and geospatial services for water, transportation, energy, public works, land use, and land conservation projects. Morrissey Goodale initiated the transaction and advised Andregg Geomatics.

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OCT 2017: CHA Consulting (Albany, NY) (ENR #61) acquired PDT Architects (Portland, ME) >

OCT 2017: CHA Consulting (Albany, NY) (ENR #61) acquired PDT Architects (Portland, ME), an architectural, interior design, and planning firm that specializes in design services for K-12 schools, health care facilities, corporations, municipalities, colleges and universities, and auditoriums and theaters. Morrissey Goodale initiated the transaction and advised PDT Architects.

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Deal-Making Stays Strong; Some Buyers Behaving Badly

Mergers and acquisition activity in the A/E industry has somewhat lessened since the back-to-back record-setting years of 2014 and 2015. However, as measured by the number of transactions, overall interest in deal-making in the sector remains high. The 2015 high-water mark of 352 global deals—which came after 2014’s then-record tally of 341 deals—was followed by […]

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OCT 2017: Hatch (Mississauga, Canada) merged with Shrader Engineering (Houston, TX)>

OCT 2017:  Hatch (Mississauga, Canada) merged with Shrader Engineering (Houston, TX) to create Hatch Shrader.  The merger creates Hatch’s US center for innovation in digital technologies for power, automation, controls, communication, physical and cyber security, and smart city solutions. Morrissey Goodale provided financial and M&A advisory services to Shrader Engineering.

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US design firm deals down slightly through the first three quarters of 2017 compared to 2016; California most active state for M&A

Morrissey Goodale tracked 153 US deals in the first nine months of 2017, compared to 156 over the same period the previous year, representing a decrease of 1.9%. Deals reported in the first nine months of the year fell for the second year in a row; in 2015, the first nine months of the year […]

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