M&A Deal Summary

Vertex Acquires Neptune

On April 14, 2022, Vertex acquired engineering company Neptune

Acquisition Highlights
  • This is Vertex’s 1st transaction in the Engineering sector.
  • This is Vertex’s 3rd transaction in the United States.
  • This is Vertex’s 1st transaction in Florida.

M&A Deal Summary

Date 2022-04-14
Target Neptune
Sector Engineering
Buyer(s) Vertex
Deal Type Add-on Acquisition

Target

Neptune

Jacksonville Beach, Florida, United States
Neptune provides expertise in fire protection engineering, including fire suppression system design, forensics, loss prevention, and owner’s representation services to clients across a variety of end markets. Neptune was founded in 2005 and is based in Jacksonville Beach, Florida.

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Buyer(S) 1

Buyer

Vertex

Weymouth, Massachusetts, United States

Category Company
Founded 1995
Sector Engineering
DESCRIPTION

Vertex is a multidisciplinary engineering and consulting firm that provides forensic consulting, engineering design, construction management, claims & dispute resolution, environmental, and digital solutions to insurance carriers, sureties, law firms, real estate owners, property managers, public agencies, and commercial clients. Clients rely on Vertex to deliver solutions for complex situations with a high cost of failure. Vertex was founded in 1995 and is based in Weymouth, Massachusetts.


DEAL STATS #
Overall 3 of 9
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 9
State: Florida M&A 1 of 1
Country: United States M&A 3 of 8
Year: 2022 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-27 Lockwood Kessler & Bartlett

Syosset, New York, United States

Lockwood, Kessler & Bartlett, Inc. is a premier engineering design and construction administration firm widely recognized for its services in the transportation, environmental, and energy sectors and its 132-year legacy of service. Lockwood, Kessler & Bartlett, Inc. was founded in 1889 and is based in Syosset, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-29 Fulcrum

Scottsdale, Arizona, United States

Fulcrum is a premier construction management consulting services firm that serves clients by providing due diligence, pre-construction, construction, and operations support. Fulcrum is based in Scottsdale, Arizona.

Buy -