Recent analyst reports for design, construction and equipment firms note signs of recovering demand and still solid profit based on reduced expenses, but also warn on overestimating growth
Vertical integration, labor shortages and increasing interest from private equity firms are among key drivers of mergers and acquisitions, new survey says.
Construction project management software vendor InEight signed a deal on March 18 to purchase assets of QA Software, Melbourne, Australia, including TeamBinder, its flagship, cloud-based document management and collaboration system for engineering and construction.
Santa Ana, Calif.-based Salas O'Brien, a national facilities design and planning firm, has merged with Columbus, Ohio-based Varo Engineers, creating a combined firm with 16 offices and 460 employee-owners.