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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-12-23 Vara 3D
Engineering
Murray, Utah
www.vara3d.com

Vara 3D is an area surveying and 3D mapping company that specializes in commercial, residential, and solar energy firm projects with a broad base of recurring clients. Their services include land surveying, 3D mapping, and construction staking, as well as commercial and utility-scale solar facility and solar array planning. Vara 3D is based in Murray, Utah.

Add-on Acquisition

ZenaTech
Company
Information Technology
Vancouver, British Columbia
www.zenatech.com

-
Deal Article Deal Link  
2025-12-18 BRS
Engineering
Riverton, Wyoming
www.brsengineering.com

BRS is a U.S. engineering and consulting firm that provides civil, structural and environmental engineering services for public-sector and private-sector infrastructure projects. The Company supports clients across transportation, water resources, site development and municipal projects, offering services that include planning, design, permitting and construction support. BRS is based in Riverton, Wyoming.

Add-on Acquisition

Anfield Energy
Company
Metals/Mining
Burnaby, British Columbia
www.anfieldenergy.com

-
Deal Article Deal Link  
2025-12-16 DLB Associates
Engineering
Neptune, New Jersey
www.dlbassociates.com

DLB Associates is a U.S. engineering and consulting firm that provides mechanical, electrical, plumbing (MEP), and technology design, planning, construction-management, and commissioning services for data centers, mission-critical facilities, and other technically intensive built environments. The Company combines adaptive problem-solving with advanced modeling, graphical communication, and project delivery support to optimize indoor environments for a range of occupants and functions. DLB Associates was founded in 1980 and is based in Neptune, New Jersey.

Add-on Acquisition

Accenture
Company
Business Services
Dublin, Ireland
www.accenture.com

-
Deal Article Deal Link  
2025-12-15 TRC
Engineering
Windsor, Connecticut
www.trcsolutions.com

TRC is a global firm providing environmentally focused and digitally powered solutions that address the local needs of clients in consulting, construction, engineering, and management services, combining science with the latest technology to devise solutions that stand the test of time. TRC was formed in 1969 and is based in Windsor, Connecticut.

Advisors: Paul, Weiss, Rifkind, Wharton & Garrison , UBS Investment Bank , Houlihan Lokey , AEC Advisors , Harris Williams
Add-on Acquisition
Value

$3,300

WSP
Company
Business Services
Montreal, Quebec
www.wsp.com

Advisors: Skadden, Arps, Slate, Meagher & Flom , Stikeman Elliott , CIBC Capital Markets , J.P. Morgan Securities

Warburg Pincus
Investor
Private Equity Firm
New York, New York
www.warburgpincus.com

Deal Article Deal Link  
2025-12-15 Faller, Davis & Associates
Engineering
Tampa, Florida
www.fallerdavis.com

Faller, Davis & Associates is a civil engineering consulting firm providing transportation design, operations, planning, and environmental services to public-sector clients statewide. Faller, Davis & Associates is based in Tampa, Florida.

Add-on Acquisition

PRIME AE
Company
Engineering
Baltimore, Maryland
www.primeeng.com

-
Deal Article Deal Link  
2025-12-01 Signature Automation
Engineering
Dallas, Texas
www.signature-automation.com

Signature Automation is an engineering consulting firm that provides innovative, cost-effective solutions in electrical engineering, instrumentation and controls, control system programming, and IT infrastructure design for clients in the municipal, water/wastewater, correctional, and manufacturing industries. Signature Automation was founded in 2012 and is headquartered in Dallas, Texas.

Add-on Acquisition

McKim & Creed, Inc.
Company
Construction
Raleigh, North Carolina
www.mckimcreed.com

-
Deal Article Deal Link  
2025-11-26 Magma Build Studios
Engineering
Baltimore, Maryland
www.magmabuild.com

Magma Build Studios, a custom fabricator known for architectural finishes, custom metalwork, lighting, and one-of-a-kind sculpture. Magma Build Studios is based in Baltimore, Maryland.

Add-on Acquisition

Hatch X
Company
Engineering
Elkridge, Maryland
www.hatchx.com

-
Deal Article Deal Link  
2025-11-18 Rampart Surveys
Engineering
Woodland Park, Colorado
www.rampartls.com

Rampart Surveys is a land-surveying firm that provides boundary surveys, ALTA/NSPS land title surveys, topographic and design surveys, subdivision plats, construction staking, and drone aerial topo services. Rampart Surveys was formed in 1997 and is based in Woodland Park, Colorado.

Add-on Acquisition

ZenaTech
Company
Information Technology
Vancouver, British Columbia
www.zenatech.com

-
Deal Article Deal Link  
2025-11-17 MKN
Engineering
Arroyo Grande, California
www.mknassociates.us

MKN specialises in water and wastewater engineering services for municipalities and government agencies. MKN was founded in 2012 and is based in Arroyo Grande, California.

Add-on Acquisition

Ardurra
Company
Engineering
Tampa, Florida
www.ardurra.com

-
Deal Article Deal Link  
2025-11-10 C2AE
Engineering
Lansing, Michigan
www.c2ae.com

C2AE provides architecture, engineering, and infrastructure design services for public and private sector clients. C2AE’s expertise includes water systems, transportation, recreation, education, manufacturing, and municipal facilities projects. C2AE was founded in 1966 and is headquartered in Lansing, Michigan.

Add-on Acquisition

AtkinsRéalis
Company
Energy Services and Equipment
Montreal, Quebec
www.atkinsrealis.com

-
Deal Article Deal Link  
2025-11-04 Pearce Services
Engineering
Paso Robles, California
www.pearce-services.com

Pearce Services provides engineering, operations, and maintenance services for mission-critical telecommunications and renewable energy infrastructure across the United States. The Company serves sectors including wireless and wireline networks, solar and wind energy, EV charging, and energy storage systems. Pearce Services is based in Paso Robles, California.

Advisor: Ropes & Gray
Add-on Acquisition
Value

$1,200

CBRE
Company
Real Estate
Dallas, Texas
www.cbre.com

Advisors: Sullivan & Cromwell , J.P. Morgan Securities

New Mountain Capital
Investor
Private Equity Firm
New York, New York
www.newmountaincapital.com

Advisor: Ropes & Gray

Deal Article Deal Link  
2025-11-03 SWAT
Engineering
Gonzales, Louisiana
www.swatservice.com

SWAT is a provider of specialty welding and other highly technical services to the oil and gas refinery, biodiesel, petrochemical, and industrial markets. SWAT was founded in 2014 and is based in Gonzales, Louisiana.

Advisors: Kirkland & Ellis , Lazard
Add-on Acquisition

Brown & Root Industrial Services
Company
Engineering
Baton Rouge, Louisiana
www.brownandroot.com

Advisor: Baker & McKenzie

ORIX Capital Partners
Investor
Private Equity Firm
New York, New York
www.orixcapitalpartners.com

Advisors: Sidley , KPMG Corporate Finance

Deal Article Deal Link  
2025-11-03 TRIA
Engineering
Boston, Massachusetts
www.tria.design

TRIA is an architecture and interior design firm that serves clients in the science, technology, and workplace sectors. TRIA provides design, planning, and branding services, creating laboratory, manufacturing, and corporate environments tailored to client needs. TRIA was founded in 2015 and is headquartered in Boston, Massachusetts.

Add-on Acquisition

Harrison French & Associates Ltd.
Company
Engineering
Bentonville, Arkansas
www.hfa-ae.com

-
Deal Article Deal Link  
2025-11-03 Cooper Robertson
Engineering
New York, New York
www.cooperrobertson.com

Cooper Robertson is an architecture and urban design firm that provides planning and design services for cultural, educational, residential, and civic projects. The Firm’s work includes museums, universities, and master plans that integrate architecture with landscape and urban context. Cooper Robertson was founded in 1979 and is headquartered in New York, New York.

Add-on Acquisition

Corgan
Company
Engineering
Dallas, Texas
www.corgan.com

Advisor: Morrissey Goodale

-
Deal Article Deal Link  
2025-10-31 ADG Architecture
Engineering
Fort Myers, Florida
www.adgarchitecture.com

ADG Architecture is a full-service architecture and interior design firm offering creative and functional design solutions for commercial, educational, religious, and public-sector projects. ADG Architecture was founded in 1990 and is based in Fort Myers, Florida.

Advisor: Generational Group
Add-on Acquisition

Stonewall Group
Company
Engineering
Lafayette, Louisiana
www.stonewallco.com

-
Deal Article Deal Link  
2025-10-21 Innerlight Engineering
Engineering
Miramar Beach, Florida
www.ieceng.com

Innerlight Engineering specializes in providing comprehensive engineering services tailored to meet the unique needs of each project. Innerlight Engineering is based in Miramar Beach, Florida.

Add-on Acquisition

Pape-Dawson Engineers
Company
Engineering
San Antonio, Texas
www.pape-dawson.com

-
Deal Article Deal Link  
Avg $552
9.1x EBITDA
1.0x REVENUE

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