Zweig Group Closes Another M&A Deal

. May 30, 2017

FAYETTEVILLE, AR. May 30, 2017 - Zweig Group, a full-service AE consulting firm based in Fayetteville, Arkansas, has closed on its third Mergers & Acquisitions deal in the last two months.

The latest success - NV5 Global, Inc.'s acquisition of Orlando-based Lochrane Engineering, Inc. - closed earlier this month.

Zweig Group represented the seller, Lochrane.

“The firm built a strong brand and a solid reputation,” said Jamie Claire Kiser, Zweig Group's director of consulting. “We congratulate both Lochrane and NV5 on this partnership.”

Other recent Zweig Group deals include Eppstein Uhen Architects' acquisition of Burkettdesign, when Zweig Group represented the buyer; and Wold Architects and Engineers' acquisition of Ruck Pate Architecture, also where Zweig Group represented the buyer.

Lochrane, a transportation and civil engineering company with about $6.5 million in annual revenue and 48 full-time employees, was founded in 1979 by brothers Bob and Tom Lochrane. The NV5 acquisition was made entirely in cash with the exception of restricted stock granted to key employees, according to an announcement from NV5.

Two of Lochrane's most important clients include the Florida Department of Transportation, and Florida's Turnpike Enterprise.

NV5 Global, Inc., based in Hollywood, Florida, is a publicly traded provider of professional and technical engineering and consulting solutions. The firm had total Q1 revenues of $651.1 million.

Zweig Group's Mergers & Acquisitions team includes consultants Phil Keil, Noah Hunt, Brenden Sherrer, and Jordan Barrett. For more information, please contact Kiser at [email protected], or at 479 435 6521.

ABOUT ZWEIG GROUP

Three times on the Inc 500/5000 list, Zweig Group is the leading research, publishing, and consulting resource for architecture, engineering, planning, and environmental consulting firms. With a mission that focuses on improving the business performance of consulting firms in the industry, the Zweig Group consists of experts in strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search. The Zweig Group also provides a comprehensive suite of products including newsletters, industry reports, executive training, business conferences and more covering virtually every aspect of firm management. The firm is headquartered in Fayetteville, Arkansas. For more information, visit http://www.zweiggroup.com or call (800) 466-6275.

Press Contact:
Christina Zweig
Marketing Director
(800) 466-6275 corporate
Zweig Group
1200 N. College Ave
Fayetteville, AR 72703
[email protected]
www.zweiggroup.com

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