Cha Acquires North Carolina-Based Frazier Engineering

Oct 13, 2022•almost 3 years ago

Acquiring Company

CHA Consulting

Acquired Company

Frazier Engineering P.A

Civil EngineeringProject ManagementBuilding MaintenanceConstructionConsultingBuilding MaintenanceConstruction

Description

CHA Consulting, Inc. (CHA), an innovative engineering design, consulting and construction management firm, announced today it has acquired Frazier Engineering, a leading civil engineering firm focused on sewer system assessment and rehabilitation. Frazier Engineering is based in the Charlotte, North Carolina area, with 45 employees. Frazier is known for highly specialized work on sewer system condition assessment, flow monitoring, rehabilitation design and construction management, and sewer system planning and design. The firm also has two offices in South Carolina and provides services in Virginia and Tennessee

Company Information

Company

CHA Consulting

About

CHA Consulting, Inc. is an innovative, full-service engineering design, consulting and construction management firm providing a wide range of technology-enhanced planning and design services to public, private and institutional clients. CHA was ranked the 61st largest engineering firm in the United States in 2022 by Engineering News-Record. With technical personnel and offices throughout the United States and Canada, CHA offers engineering, architecture, survey, asset management, construction, project management, and other services necessary to complete projects on time and within budget. For more information, please visit www.chacompanies.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