M&A Deal Summary

SOCOTEC Acquires Russo Barr Associates

On December 6, 2022, SOCOTEC acquired engineering company Russo Barr Associates

Acquisition Highlights
  • This is SOCOTEC’s 4th transaction in the Engineering sector.
  • This is SOCOTEC’s 4th transaction in the United States.
  • This is SOCOTEC’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2022-12-06
Target Russo Barr Associates
Sector Engineering
Buyer(s) SOCOTEC
Deal Type Add-on Acquisition

Target

Russo Barr Associates

Woburn, Massachusetts, United States
Russo Barr Associates is a engineering consulting firm that specializes in building envelope technology with a focus in the repair and renovation of building exterior components related to water and air infiltration. Russo Barr Associates is based in Woburn, Massachusetts.

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Buyer(S) 1

Buyer

SOCOTEC

Guyancourt, France

Category Company
Founded 1953
Sector Business Services
DESCRIPTION

SOCOTEC is a provider of inspection and risk management services in the fields of quality, health, safety and environment. Socotec has gradually and successfully diversified its product offering and is today present in a wide range of TIC ('Testing, Inspection and Certification') segments, focussing on asset preservation: equipment inspection, real estate diagnostics and testing and inspection within the Energy sector (notably Nuclear and Oil & Gas). SOCOTEC was founded in 1953 and is based in Guyancourt, France.


DEAL STATS #
Overall 9 of 19
Sector: Engineering M&A 4 of 4
Type: Add-on Acquisition M&A Deals 9 of 19
State: Massachusetts M&A 1 of 1
Country: United States M&A 4 of 14
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-11 Trinity|ERD

Seattle, Washington, United States

Trinity|ERD is an architecture and engineering company specializing in building envelope consulting, forensic investigation, and litigation support. Trinity|ERD was formed in 1986 and is based in Seattle, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-18 Spinnaker Group

West Palm Beach, Florida, United States

Spinnaker Group is an energy efficiency and sustainability consulting firm has built a reputation for delivering high-quality sustainable building projects, with more than 150 LEED Certified projects, over 700 million sf. of commissioned building space, and more than $10 billion in project values worldwide. Spinnaker Group was founded in 2003 and is based in West Palm Beach, Florida.

Buy -