AEC M&A Update

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Morrissey Goodale LLC tracks AEC industry mergers and acquisitions on a daily basis and reports them weekly if any deals were tracked. This press release includes deals tracked during the previous week.

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.

3/19/2008
Opus International Consultants (New Zealand) is continuing its global expansion with the purchase of UK engineering consultancy Joynes Pike Group.
New Zealand Herald

3/18/2008
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).
Reuters

3/17/2008
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.
Marketwire

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

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MARIE KELFER

Mick Morrissey
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