Engineering Services Acquisitions in 2016

Surveying and Mapping, LLC (SAM), a geospatial solutions firm headquartered in Austin, Texas, acquired So-Deep, Inc., a subsurface utility engineering (SUE) firm based in Manassas, Virginia. The acquisition expands SAM's service capabilities in SUE and provides immediate geographic entry into the Mid-Atlantic and Southeast markets.

Yenni Capital has acquired Steven Feller P.E., a Fort Lauderdale-based engineering design services firm, via Yenni Income Opportunities Fund I. The transaction, executed in partnership with the company's founder Steve Feller and Braga Investment & Advisory, will keep Steve Feller as President and aims to accelerate geographic expansion and strengthen financial and project management controls.

Spanish engineering and multi-technology services group Dominion acquired New Hampshire-based Commonwealth Dynamics, Inc. for approximately $6.0 million. The deal expands Dominion's specialist engineering capabilities and strengthens its presence in the United States and other industrial markets where Commonwealth operates (including Mexico, Peru and India).

Cambridge Consultants, part of the Altran group, has entered a definitive agreement to acquire Synapse, a US West Coast product development firm headquartered in Seattle, to expand its US footprint and consumer-technology capabilities. The deal (acquiring Synapse's business assets) will strengthen Cambridge Consultants' presence on both US coasts and is expected to grow Altran's Innovative Product Development revenues by ~50% on a pro forma basis.

Computer Aided Technology (CATI), a portfolio company of Mangrove Equity Partners, has acquired MCAD Technologies, a Denver-based reseller and services provider for SolidWorks and 3D printing solutions. SDR Ventures served as exclusive sell-side advisor to MCAD. The acquisition expands CATI’s geographic presence into the Rocky Mountain region and adds MCAD’s sales, support, training and additive manufacturing capabilities to CATI’s platform.