PSMJ Advises on the Merger between Alfred Benesch and HWS Consulting

PSMJ Resources, Inc. announces the management teams of Alfred Benesch and Co. and HWS Consulting have recently merged. Through the combination of both firms’ expertise and extensive client lists in infrastructure engineering, PSMJ is confident that the combination will be a force to be reckoned with in the Midwest and beyond. PSMJ is proud to have advised both firms during the merger process.

Overview:

• Alfred Benesch and HWS Consulting merger to become a top infrastructure engineering firm in the Midwest
• PSMJ Resources served as exclusive financial advisor to both firms and rendered a fairness opinion
• PSMJ Resources assisted in conducting diligence, structuring the terms, and negotiating the transaction documents
• The Mergers and Acquisition team at PSMJ Resources relied on its sector expertise to advise Alfred Benesch and HWS on this merger strategy

Alfred Benesch employs more than 230 professional and support personnel at eight locations in four states: Illinois; Wisconsin, Pennsylvania and Michigan. Benesch designs complex highway interchanges, major river bridges, parking structures and structural systems for high-rise buildings. They inspect transit bus garages and thousands of railroad and highway bridges; prepare life cycle cost analyses; supervise the construction of miles of interstate highway and acres of railroad freight yards.

Benesch is consistently ranked among the top 500 consulting engineering firms in the United States by ENR, and was recently recognized for the third year in a row as one of the nation's Top 50 "Go-To" bridge design firms by Roads & Bridges magazine.

HWS Consulting employs more than 120 professionals and support personnel at six locations in four states: Nebraska, Kansas, Colorado and Iowa. Founded in 1944, HWS Consulting Group continually strives to provide its clients with "Solutions Through Service." For nearly seven decades, HWS has provided their clients with solutions that are sound, lasting and value-minded. HWS’ practice areas include: transportation, geotechnical, environmental, civil engineering and aviation.

About PSMJ Resources, Inc.

Since 1974, PSMJ Resources, Inc. has offered publications, educational programs, in-house training and consulting services to A/E/C professionals worldwide. Headquartered in Newton, MA, PSMJ provides more than 150 titles in book and audio, publishes three newsletters about A/E/C firm management, produces the industry’s preeminent annual surveys.