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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, Inc.
Company
Burnaby, British Columbia
www.anfieldenergy.com

-
Deal Article Deal Link  
2025-12-16 Greenray Turbine Solutions
Engineering
Lincoln, United Kingdom
www.greenray.com

Greenray Turbine Solutions provides a comprehensive range of products and technical services to the industrial gas and steam turbine market sectors. Greenray Turbine Solutions is based in Lincoln, United Kingdom.

Add-on Acquisition
Value

$72

Flowserve
Company
Energy Services and Equipment
Irving, Texas
www.flowserve.com

Endless
Investor
Private Equity Firm
Leeds, United Kingdom
www.endlessllp.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  
2025-12-09 R&K Ingenieure
Engineering
Walow, Switzerland
www.rki-holding.de

R&K Ingenieure specialises in construction supervision and site management, project management and controlling, consulting, and quality control, particularly in the areas of bridge and tunnel construction, rail and road construction, power lines, offshore infrastructure, and other complex infrastructure projects. R&K Ingenieure is based in Walow, Switzerland.

Secondary Buyout

Invision
Investor
Private Equity Firm
Zug, Switzerland
www.invision.ch

BWK
Investor
Private Equity Firm
Stuttgart, Germany
www.bwku.de

Deal Article Deal Link  
2025-12-09 Casado Design
Engineering
Weston-super-Mare, United Kingdom
www.casadodesign.co.uk

Casado Design provides comprehensive and precise design solutions supporting the full lifecycle of telecom infrastructure, from building and upgrading to decommissioning. Casado Design was founded in 2010 and is based in Weston-super-Mare, United Kingdom.

Add-on Acquisition

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

-
Deal Article Deal Link  
2025-12-04 Landguard Engineering
Engineering
Harwich, United Kingdom
www.landguardengineering.co.uk

Landguard Engineering is a UK-based engineering and fabrication firm that designs, manufactures, and installs bespoke steelwork and precision-engineered solutions for industrial, construction, marine, and offshore applications. The Company offers a range of products and services including structural steelwork, acoustic and ventilation systems, industrial enclosures, exhaust-gas solutions and support steel structures from in-house design (2D/3D CAD and CFD analysis) through fabrication and on-site installation. Landguard Engineering serves sectors such as data centres, power generation, infrastructure, and marine, combining bespoke fabrication with project management and technical support. Landguard Engineering was formed in 2013 and is headquartered in Harwich, Essex.

Add-on Acquisition

Northern Industries
Company
Metals/Mining
Copenhagen, Denmark
www.northernindustriesgroup.co.uk

-
Deal Article Deal Link  
2025-12-02 Burns
Engineering
Philadelphia, Pennsylvania
www.burns-group.com

Burns provides specialized engineering, technical design, and consulting services to the aviation, rail, power, utility, higher education, mission-critical, and healthcare end markets. The Company’s capabilities span electrical, mechanical, and technology systems engineering – core disciplines that support the existing modernization and buildout of next-generation infrastructure. Burns was formed in 1960 and is based in Philadelphia, Pennsylvania.

Advisors: Venable , Chesapeake Corporate Advisors
Growth Capital

OceanSound Partners
Investor
Private Equity Firm
New York, New York
www.oceansoundpartners.com

Advisor: Skadden, Arps, Slate, Meagher & Flom

-
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  
2025-12-01 DS Consultants
Engineering
Vaughan, Ontario
www.dsconsultants.ca

DS Consultants provides engineering consulting services in the areas of geotechnical engineering, environmental services, hydrogeology, materials inspection and testing, instrumentation and monitoring, and building science. DS Consultants was founded in 2017 and is based in Vaughan, Ontario.

Add-on Acquisition
Value

$23

BluMetric
Company
Environmental
Ottawa, Ontario
www.blumetric.ca

-
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  
Avg $577
9.2x EBITDA
1.1x REVENUE

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