Stv Group, Inc., Acquires American Engineers, Llc, A Civil Engineering Firm With A Strong Presence In Growing Georgia, Tennessee And Kentucky Markets

Jun 08, 2023•about 2 years ago

Acquiring Company

STV

Acquired Company

American Engineers

New YorkTransportationConstructionEnergyConsulting

Description

STV Group, Inc., a professional services firm that plans, designs and manages infrastructure projects across North America, today announced it has acquired American Engineers, LLC, a full-service civil engineering firm with a staff of more than 120 professionals in Kentucky and Georgia servicing clients throughout the southeast U.S.

Company Information

Company

STV

Location

New York, New York, United States

About

Founded in 1912, STV is a leading national infrastructure-focused professional services firm, providing engineering, architectural, planning, environmental, program management and construction management services for transportation systems, buildings, water and other facilities. Headquartered in New York City, the company has more than 60 offices across North America. The firm is ranked 37th in Engineering News-Record's Top 500 Design Firms survey and is 11th in its transportation category. In 2022, STV signed the Equity in Infrastructure Project (EIP) Pledge, becoming one of the first architecture, engineering and construction (AEC) firms to commit to advancing equity in infrastructure.

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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