Zweig Group M&A: West Texas Swing
DBR Engineering Consultants, Inc. expands El Paso footprint with acquisition of Borunda & Associates
After three years of success in the El Paso market, DBR Engineering Consultants, Inc. cemented its presence in West Texas with the acquisition of Borunda & Associates, Inc. The deal increases DBR’s capabilities in both K-12 and Higher Education markets.
Zweig Group, a full-service AEC management advisory firm, represented DBR. Phil Keil, Director of Strategic Services at Zweig Group, was the firm’s PM and sourced the selling firm.
“DBR’s acquisition of Borunda & Associates enables DBR’s expansion of their footprint in Texas, their expertise in education, and has strengthened their team so it can better serve the evolving needs of their clients,” Keil said.
In 2016, DBR opened its first El Paso office. DBR is currently working on projects with El Paso ISD, Socorro ISD, and El Paso University Medical Center. Borunda & Associates had served the El Paso area since 1984.
“We are excited about our increased presence in El Paso through our recent acquisition,” said Randy Curry, PE, Chief Executive Officer of DBR. “The El Paso office will be led by Robert Borunda, PE, who has a long and well respected reputation with his existing clients in terms of service, quality and integrity. Our charge is to continue to provide those values while continuing to remain focused on our commitment to growth.”
ABOUT ZWEIG GROUP
Zweig Group, three times on the Inc. 500/5000 list, is the leading research, publishing, and consulting resource for the built environment. The firm provides strategy, mergers and acquisitions, business valuation, ownership transition, marketing, business development, market research, financial management, project management, recruiting and executive search services nationwide. Zweig Group also provides a comprehensive suite of products including industry reports and surveys, executive training, and business conferences covering virtually every aspect of AEC firm management. Headquartered in Fayetteville, Arkansas, the firm has offices in Dallas and Houston, Texas as well as Salt Lake City and the Washington, D.C. area.
The firm’s mission, elevate the industry, has five tenets: promote, diversify, educate, change, and celebrate. Zweig Group’s vision is to facilitate action in pursuit of elevating individuals, firms, and thus the industry. More than a mission, this is a movement to advance the AEC profession, creating a world that celebrates the built environment and recognizes its impact on individuals, communities, and commerce.
For more information, visit http://www.zweiggroup.com or call (800) 466-6275.