Arcadis, a Netherlands-based design, engineering, and management consulting firm, has entered into an agreement to acquire IBI Group Inc. (IBI Group), a Canada-based architecture, engineering, planning, and technology firm. The acquisition of IBI Group will strengthen Arcadis' digital leadership, complement its position in North America, and drive global growth of its combined solutions. Arcadis has agreed to acquire all issued and outstanding shares at a price of C$19.50 per share, representing a 30% premium to IBI Group's closing share price on July 15. The acquisition of IBI is set to be accretive to Arcadis' 2022E adjusted earnings per share and operating profit margins.

Ardurra Group, Inc. (Ardurra), a Florida-based provider of consulting and engineering services and portfolio company of RTC Partners, LP (RTC Partners), has acquired 300 Engineering Group, P.A. (300 Engineering), a Florida-based provider of water, wastewater, civil engineering, transportation, business solutions, and consulting services. The acquisition of 300 Engineering will allow Ardurra to expand its service offerings and presence in the Southeast United States. Ardurra's President and CEO, Ernesto Aguilar, stated: "300 Engineering has an exemplary reputation of providing great service and engineering solutions to their clients. We are thrilled to welcome them to Team Ardurra as we share the same vision to build a powerhouse company delivering opportunities for staff and provide great service to our clients."

Godspeed Captial Management LP (Godspeed), a Washington D.C.-based lower middle-market Defense & Government services, solutions, and technology-focused private equity firm, has proposed to acquire Hill International, Inc. (Hill), a Pennsylvania-based construction consulting firm, for approximately $143.9 million, or $1.85 in cash per share. In a letter to Hill’s Board of Directors, Godspeed said it intends to operate Hill as a private firm once it merges with Godspeed Capital’s portfolio company Huckabee Architects through the planned acquisition. The purchase offer represents a 11.4% premium over the 30-day average closing stock price of Hill on Monday, July 18. In the letter to Hill’s Board of Directors, Douglas Lake, Managing Partner of Godspeed and Chairman of Huckabee wrote, “We look forward to beginning discussions immediately and are willing to execute a confidentiality agreement. At this time, we are interested in a consensual transaction in which the parties enter into a short exclusivity period during which time we can finalize our confirmatory due diligence and negotiate the definitive agreements.”

Terracon Consultants Inc. (Terracon), a Kansas-based multi-discipline engineering consulting firm specializing in environmental, facilities, geotechnical, and materials services, has acquired Drilling Engineers Inc. (DEI), a Colorado-based provider of subsurface drilling services to public and private sector clients. The acquisition of DEI will allow Terracon to expand its drilling capabilities, with all DEI employees planning to join the new company. Gayle Packer, CEO, Chair, and President of Terracon, added, "With the largest drilling fleet of any engineering consulting firm in the United States, the addition of DEI further enhances our ability to quickly mobilize to support changes in workload and project demands and we are excited to welcome their team to Terracon."