The New Environment for Consolidation

by Paul J. Zofnass, Pres.; Environmental Financial Consulting Group Inc., New York,


Serial Information: Civil Engineering—ASCE, 1998, Vol. 68, Issue 10, Pg. 80-83


Document Type: Feature article

Errata: (See full record)
Errata: (See full record)

Abstract: Environmental consulting firms are planning more acquisitions–and to acquire more companies each time they do–in 1998 than in previous years. This finding, from an exclusive survey by Environmental Financial Consulting Group–shows the merger trend continues, but for changing reasons. Whereas environmental firms once bought other firms to offer a wider array of services to clients, they're now doing so to reduce costs and benefit from increased purchasing power, or to move into more commercially marketable services.

Subject Headings: Consulting services | Costs | Mergers and acquisition

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