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Home » Topics » Business » Companies

Companies
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Strategies

APi Group CEO Sees Elevator Services as Future Profit Source

The company brands include numerous mechanical and fire safety firms
Richard Korman.jpeg
Richard Korman
June 20, 2024
No Comments

A secondary stock offering will help pay for acquisitions.


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Companies

What's Different About Gensler, the Largest Global Architect?

Richard Korman.jpeg
Richard Korman
Jonathan Keller
Jonathan Keller
June 17, 2024
No Comments

List leader on the latest Architectural Record Top 300 architecture firms survey, ranked by revenue, has expanded use of co-chiefs for its top two executive roles.



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Companies

In Reversal, Wood Group Agrees to Negotiate New $2B+ Buyout Bid

Debra K. Rubin
Debra K. Rubin
June 9, 2024
No Comments

After rejecting three acquisition offers from Dubai-based AE consolidator Sidara, formerly Dar Group, energy-industrial services firm agrees to talks related to latest sweetened bid.


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Ten Minutes With Contruent's Andy Verone

Aileen Cho
Aileen Cho
June 6, 2024
No Comments

Construction industry veteran sees potential to transform project delivery with high-tech tools.


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Power Transmission

Feds, States Launch Joint Grid Upgrade as Data Center Power Demand Soars

Debra K. Rubin
Debra K. Rubin
June 4, 2024
No Comments

The Biden administration propels efforts to upgrade U.S. grid infrastructure as new reports show big power demand from data centers, AI and planned hydrogen fuel production.


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electrical line repair.jpg

Southwest Gas Sells Part of Contracting Unit Centuri in IPO

Richard Korman.jpeg
Richard Korman
June 3, 2024
No Comments

Activist investor Carl Icahn holds a substantial investment in the large constructor ranked at No. 9 on ENR's Top 600 Specialty Contractors list.


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Companies

Autodesk Names New CFO After Audit Reveals Accounting Discrepancies

Questions loom over how software giant booked revenue from new subscription model
Jeff Yoders
Jeff Yoders
June 3, 2024
No Comments

The company will change how it books multiyear software subscriptions after audit finds revenue from such deals was accounted for incorrectly.


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Mergers & Acquisitions

GISI Adds Program Manager Gafcon to Its Collection of Companies

Richard Korman.jpeg
Richard Korman
May 30, 2024
No Comments

The acquisition puts Gafcon under the same corporate roof as Structure Tone.


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Companies

Australia Giant Lendlease Sells US, UK Assets—With One Deal Done

Firm will refocus on home market, ending US operations under way since 1979
Jeff Yoders
Jeff Yoders
May 28, 2024
No Comments

Developer-contractor exits U.S. markets after 45 years to refocus operations in home country. 


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Companies

Top 500 Design Firms Say DEI Is Key to Improved Operations, Business Development

Emell Adolphus
Emell D. Adolphus
May 28, 2024
No Comments

Investments in diversity, equity and inclusion are helping top design firms cast a wider net to recruit the next generation of design professionals.




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