TZL 933

THE ZWEIG LETTER | OCTOBER 31, 2011, ISSUE 933

T R A N SAC T I ON S

TEC Inc. merges with Cardno: TEC Inc. (Charlottesville, VA) has joined international firm Cardno , both companies announced. The merger with Cardno, a professional services firm founded in 1945 with headquarters in Brisbane, Australia, means that TEC, a 330-person environmental and infrastructure consulting firm, becomes a key part of an international industry leader with a combined resource base of more than 4,600 staff working on projects in more than 85 countries. Richard Heiderstadt, president of TEC, said the merger marks an important step in the next chapter of growth for TEC. “Our motivation to seek a partnership with an international firm like Cardno was three- fold. First to provide our clients with a wider range of services and locations; second to provide our talented staff with additional opportunities for career development; and third to accelerate the growth of TEC across the U.S. and overseas,” Heiderstadt said. TEC brings to Cardno specialized expertise in environmental management, asset management and infrastructure management. The firm has 15 mainland U.S. offices and five off-shore offices in Hawaii, Guam, Germany, Belgium and Italy. Major clients of TEC include U.S. government clients such as the Department of Defense, Department of Homeland Security, National Park Service, and the General Services Administration. Cardno brings to TEC a broader range of environmental, natural resource management, engineering, international development assistance, project management, and planning services across many countries, including Australia, New Zealand, United States, United Kingdom, Ecuador, Peru, Colombia, Indonesia, Kenya, Sri Lanka, China, and United Arab Emirates. Additionally, Cardno’s leadership in social

Clark Nexsen buys: Clark Nexsen (Norfolk, VA), a 550-person architecture, engineering, interior design, planning, and landscape architecture services firm, announces that it has acquired the three offices of Technicon Engineering, Inc. , a Georgia- based engineering, architecture design, and construction management firm that works for government and industrial clients. “We are very excited to have Technicon joining the Clark Nexsen family,” said Thomas Winborne, Clark Nexsen CEO. “Although our companies have separate histories, we have always shared a common commitment to provide unparalleled client satisfaction, and remain dedicated to this commitment now that we are operating as one. The depth of our resources and the breadth of our reach are now stronger than ever. We take pride in our reputation as a company with whom it is easy to do business.” Perkins Eastman merges with Janson Tsai Design: The Board of Directors of Perkins Eastman (NewYork, NY), a 500-person international design and architecture firm, announced a merger with JansonTsai Design (Ridgefield, CT), an architectural, interior and acoustical design firm with an international practice in the design of television and film studios; broadcast, recording, and production facilities; and media and entertainment venues. “Janson Tsai Design brings unique expertise in broadcast design that will be a valuable complement to our other established specialized practice areas,” said Bradford Perkins, Perkins Eastman chairman and CEO. “Janson Tsai Design provides the technical expertise, knowledge, talent and experience needed to meet the demands of in-depth, technical projects around the world – a fitting addition to a firm practicing in more than 30 countries,” said Janson Tsai Design principal Dennis Janson. knowledge to provide that leadership. It is time to speak up and engage in the public and political conversations that abound in our country at all levels of government. This is not a “sky is falling” analysis, but rather a wake-up call to act with vi- sion and foresight. It is our time, our turf, and our op- portunity to lead our country’s struc- tural transformation on behalf of the public’s welfare.

infrastructure work was a compelling reason for TEC to consider this relationship. Cardno provides opportunities for TEC staff to become part of a committed, global focus to help developing nations and countries adversely affected by natural disasters and conflict to build and implement social and physical infrastructure programs. Managing director of Cardno, Andrew Buckley, said that the Cardno and TEC union follows the successful business model Cardno has implemented in other countries. “TEC will now be a platform for the expansion of both Cardno and TEC throughout the Americas and Europe,” Buckley said. With the addition of TEC, Cardno’s American operations now comprise 2,400 staff across 115 offices with branch offices in the Canada, Ecuador, Peru, United Kingdom, Germany, and Belgium. Cardno’s other U.S. businesses include Cardno ENTRIX, Cardno ERI, Cardno WRG, Cardno TBE, Cardno Emerging Markets, and XP Solutions. Michael Renshaw, president of Cardno USA, said the merger with TEC will significantly expand Cardno’s environmental capabilities and will provide access to U.S. government clients, an expanded geographic footprint in the U.S. and Europe and mutual opportunities to enhance service delivery to clients. “TEC’s business culture and growth potential make it an ideal platform for further expansion of our combined businesses across North and South America in providing a wide range of environmental consulting services. With the addition of TEC, around 55 percent of Cardno’s 4,600 staff are currently deployed or reside outside Australia,” Renshaw said. Following Cardno’s normal strategy, TEC’s key management will become Cardno shareholders and remain active in the company. Embracing responsible leadership. The Urban Land Insti- tute and Ernst & Young published a report titled “Infrastructure 2011: A Strategic Priority” that outlines the hurdles we face to ensure the sustain- ability of our nation’s future economic success and global competitiveness. Interviewees in this report believe that the United States is likely to wal- low in self-pity or wait until our de- cline becomes too obvious to ignore. I believe it is time to embrace re- sponsible leadership, and leaders of the design industry have the skills and

LUCY, from page 1

“env isi on.” The env isi on Rating System incorporates a “triple bottom line” concept of sustainability that includes environmental, economic, and societal considerations. It identifies the benefits of sustainable practice for owners, regulators, and practitioners. The ISI is soliciting your feedback and insights on the draft env isi on document, available online at www.sustainableinfrastructure.org. I encourage you to review and comment on it.

Stephen Lucy is managing principal at JQ Dallas LLP (Dallas, TX). Contact him at slucy@jqeng.com.

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