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Lochner Acquires K Friese + Associates Adding Water, Drainage And Municipal Services To Infrastructure Portfolio

May 04, 2023about 2 years ago

Acquiring Company

H.W. Lochner

Acquired Company

K Friese + Associates

ChicagoAustinConstructionCivil EngineeringCivil EngineeringConstructionConsulting

Description

H.W. Lochner, Inc. (Lochner), a leading provider of transportation infrastructure planning and engineering services, is expanding its professional talent and service offering in Texas with the acquisition of K Friese + Associates (KFA).

Company Information

Company

H.W. Lochner

Location

Chicago, Illinois, United States

About

H.W. Lochner, Inc. (Lochner) is a leading provider of infrastructure planning and engineering services, founded in 1944. The company offers planning, environmental, design, construction engineering, and inspection services for surface transportation, aviation, and water clients across the US.

DealWatch™ Score

86
High M&A Activity

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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