Newton, MA (PRWEB) March 23, 2008
Morrissey Goodale LLC tracked 3 deals in the AE industry over the past week-- each with an international twist. Details on these 3 deals are below. We have now seen 64 deals this year, putting the pace of consolidation approximately 10% ahead of 2007.
Opus International Consultants (New Zealand) is continuing its global expansion with the purchase of UK engineering consultancy Joynes Pike Group.
New Zealand Herald
Jacobs Engineering Group Inc. (Pasadena, CA) and Zamel & Turbag Consulting Engineers announced that Jacobs purchased a 60% ownership position in the Saudi Arabian firm, which has been renamed as Jacobs, Zamel and Turbag Consulting Engineers (Jacobs ZATE).
Stantec (Edmonton, Alberta) significantly enhanced the commercial development services of its UrbanLand practice with the acquisition of RHL Design Group Inc. (RHL), a Petaluma, California based firm.
A full listing of all transactions recorded in 2007 and 2008 can be found on the AEC M&A Monitor at the firm's website http://www.morrisseygoodale.com. You may also sign up to receive email updates as deals occur.
About Morrissey Goodale LLC
Morrissey Goodale LLC is a leading management consulting firm to the Architecture Engineering and Construction (AEC) industry. Headquarters are located at Riverside Center 275 Grove Street, Suite 2-400, Newton MA, 02466. The company can be reached at 508-650-0040 or on the web at http://www.morrisseygoodale.com