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Podcast Discussion: Mick Morrissey on the Inflow of Private Equity into Engineering Firms

ACEC News / Business Management
March 31, 2021

Podcast Discussion: Mick Morrissey on the Inflow of Private Equity into Engineering Firms

Why is private equity investing in engineering firms and what makes a firm attractive to these investors? On the latest Engineering Influence podcast, Mick Morrissey, managing principal of Morrissey Goodale, discusses the reasons behind the accelerating flow of private equity capital into engineering firms.

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Net Zero Buildings Week Celebrates Clean Energy Future

Industry News
March 30, 2021

Net Zero Buildings Week Celebrates Clean Energy Future

During Net Zero Buildings Week (March 29-April 2), building industry organizations are showcasing and promoting the benefits of net zero buildings for a clean energy future.

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Early Bird Discount for 2021 ACEC Annual Convention Extended Through Friday, April 2

ACEC News / Convention
March 29, 2021

Early Bird Discount for 2021 ACEC Annual Convention Extended Through Friday, April 2

ACEC has extended the early-bird discounts for the virtual 2021 ACEC Annual Convention and Legislative Summit to Friday, April 2 Save on both individual and group registrations.

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Government Affairs Update Podcast: Infrastructure Action and Earmarks

ACEC News / Advocacy
March 26, 2021

Government Affairs Update Podcast: Infrastructure Action and Earmarks

On this week's Government Affairs Update on the Engineering Influence podcast, ACEC Transportation Programs Vice President Matt Reiffer covers new congressional action on infrastructure as well as the possible return of earmarks in the House.

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Industry News / Infrastructure
March 25, 2021

DOT Secretary Buttigieg to Congress: "Now is the Time" to Invest in Transformational Infrastructure

Testifying before the House Transportation and Infrastructure Committee today, U.S. Secretary of Transportation made an impassioned call for "a national commitment to fix and transform America's infrastructure."
 

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Member Firm News
April 6, 2021

Langan Engineering & Environmental Services announced the acquisition of Adams Consulting Engineers, Inc. headquartered in Dallas with additional offices in Austin and Tyler, Texas. The acquisition, only the second in Langan’s 50-year history, helps accelerate the firm’s growth in Texas, where Langan has operated since 2015 in Houston. With this move, Langan now has more than 1,300 employees across 36 offices.

https://www.langan.com/em


March 30, 2021

The recently finalized partnership of Confluence Networks, LLC and MasTec, Inc. has selected WSP USA to assist in completing its Confluence-1 fiberoptic cable system.

https://www.wsp.com/en-US


March 23, 2021

Burns & McDonnell has promoted Leon Harden as the firm’s first diversity, equity and inclusion (DEI) strategy manager. After three years working in recruitment at Burns & McDonnell, in his new role Harden will work closely with executive leaders and business diversity teams globally to provide strategic guidance for creating and integrating DEI initiatives and programs into all aspects of the 100% employee-owned engineering, construction and architecture firm.

https://www.burnsmcd.com/


Market Indicators
Indicators

Engineering Employment
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1,539,400 (March)
1,532,000 (February)

Construction Spending
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$1,516,900,000 (February)
$1,529,000,000 (January)

Dodge Momentum Index
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151.4 (March)
148.8 (February)

Morrissey Goodale U.S. M&A Index
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313 Deals--Down 2 percent year-over-year

AIA Billings Index
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53.3 (February)
44.9 (January)

Engineering Career Opportunities

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