Jacobs Completes CH2M Acquisition

Jacobs (ENR #2) completes the acquisition of CH2M (ENR #3).    This marks another mega M&A deal in the AE industry in 2017.  In the first nine months of 2017, 10 deals involved a seller on Engineering News-Record’s (ENR) Top 500 Design Firms list. Other notable deals included Wood Group (ENR #28) acquiring Amec Foster Wheeler (ENR #7), New Mountain Partners […]

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Why Attracting Top Talent Should Be a Key Element of Your Strategic Plan

Why Attracting Top Talent Should Be a Key Element of Your Strategic Plan

“In 2010, Construction industry unemployment was at 20%. Today, it’s closer to current overall U.S. unemployment of 4.2.%.” – Source: AIA And let’s face it, even in 2010, the best engineers, architects, and environmental professionals managed to keep working. These people don’t go unemployed for extended periods, in good times, or bad. Using in-house recruiters or online […]

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Five Potential Areas of Improvement for Design Firms to Reduce Unnecessary Turnover

The U.S. economy grew faster than initially thought in the second quarter, notching its quickest pace in more than two years, and there are signs that the momentum was sustained at the start of the third quarter. Source – Reuters Given that, the economy is humming along, combined with current U.S. unemployment rates, hovering around […]

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Two Human Capital Strategies to Grow Profits: Executive Search and Acquisition

Acquisitions in the design industry happen all the time.  They are great tools to use for firms interested in growing revenues by moving into new markets, or adding additional services. When done effectively, acquiring firms get backlogs of work, client lists, and talented people who possess the knowledge and skills needed to profitably manage and […]

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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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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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