The Kleinfelder Group Inc., the San Diego transportation and environmental engineer, announced on Nov. 23 it has acquired S E A Consultants Inc., Cambridge, Mass., to create a new New England regional hub. The deal was financed through a stock transaction, says a spokesman. The purchase price was undisclosed. S E A becomes part of employee-owned Kleinfelder’s eastern division and S E A President and CEO Anthony Zuena becomes a Kleinfelder senior vice president. Kleinfelder ranks 47 on ENR’s list of the Top 500 Design Firms, with $305.4 million in 2008 revenue. S E A is ranked 370 on that
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.