logo
logo

Modjeski And Masters Acquires Flanders Engineering Group

Aug 29, 2022almost 3 years ago

Acquiring Company

Modjeski and Masters

Acquired Company

Flanders Engineering Group

ConstructionConstruction

Description

Acquisition bolsters firm’s moveable bridge expertise and continued expansion in Florida

Company Information

Company

Modjeski and Masters

Location

Us 100 Sterling Parkway

About

Modjeski and Masters is one of the world’s leading bridge engineering firms, with a reputation for technical excellence and innovation that goes beyond current standards. Established more than 125 years ago, the firm is responsible for the design and maintenance of some of our nation’s most recognizable structures. Services include fixed and movable bridge design, inspection and rehabilitation, and all facets of life-cycle maintenance, research and code development. For more information, including in-depth videos of Modjeski and Masters at work, please visit http://www.modjeski.com.

Company

Modjeski and Masters

Location

Us 100 Sterling Parkway

About

Modjeski and Masters is one of the world’s leading bridge engineering firms, with a reputation for technical excellence and innovation that goes beyond current standards. Established more than 125 years ago, the firm is responsible for the design and maintenance of some of our nation’s most recognizable structures. Services include fixed and movable bridge design, inspection and rehabilitation, and all facets of life-cycle maintenance, research and code development. For more information, including in-depth videos of Modjeski and Masters at work, please visit http://www.modjeski.com.

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