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EFCG Connect: 2022 Q3 Updates

It was a busy yet exciting third quarter at EFCG! We just closed our 10th M&A deal of 2022 and hosted our 33rd annual CEO Conference with record attendance in September. We would like to thank all of our attendees for joining us and providing incredibly valuable insights an

d perspectives. It was a pleasure getting to see both familiar and new faces, and to connect with and learn from one another. Complimentary access to the on-demand recordings and presentations will remain available to conference attendees until January 6, 2023. If you were not able to attend, but would like to view these, please reach out to Dimitri Milionis at

And just over two months away is EFCG’s 2023 Rising Leaders Conference in New York City on January 26-27 - our annual two-day event that helps develop future leaders across the industry. We utilize our insights, data, and experience in advising C-suite teams to provide attendees with an overview of the financial state of the AEC Industry and the major trends influencing AEC firm decisions. Keep reading for more details, and be sure to register your rising leaders soon, before we reach capacity!

Finally, we wish you our very best as we head into the end of the year and, for many, the holiday season. We are extremely thankful for the AEC community and are privileged to work with such inspiring clients.


The EFCG Team

2023 EFCG Rising Leaders Conference

Rising Leaders Conference January 26 - 27, 2023 | New York City, NY

Modeled after EFCG’s premier CEO Conference, this event develops your next generation of leaders.

About the Conference:

  • Utilizes EFCG’s leading industry insights and expertise advising engineering & consulting executives to provide your future leaders with valuable content that they can learn from and leverage in their positions

  • Offers tailored sessions on topics such as M&A strategy, taking the lead with technology, and taking your career to the next level

  • Shares lessons learned from risen leaders who graduated from past EFCG Rising Leaders Conferences to become the executives of their firms

  • Invaluable networking opportunities to meet and learn from peers

Featured M&A Transactions

November 2, 2022: EFCG is pleased to announce that our client,, a New York-based nonprofit organization providing carbon reduction and climate solutions to individuals and businesses, has been acquired by ClimeCo, a global full-service environmental commodity firm that focuses on developing, trading, and advising on emerging environmental markets and sustainability solutions. The acquisition of will support ClimeCo’s mission of advancing the low-carbon future by providing complementary products and solutions that help clients maximize their environmental assets, minimize regulatory costs, and enhance their sustainability impact.

EFCG initiated and advised, Inc. in the transaction.

September 14, 2022: EFCG is pleased to have served as financial advisor to Sanborn on its acquisition of Applied Geographics, Inc. (AppGeo), a 40-person Massachusetts-based geospatial information technology innovator that provides strategic and technical consulting for all aspects of geospatial IT, data modernization, and location-based systems transformation. The acquisition of AppGeo will enable Sanborn to provide its customers with end-to-end GIS products and services, from developing strategic plans for geospatial information systems to full implementation of geospatial analytical systems with custom data sets.

EFCG advised Sanborn Map Company in the transaction.

2023 EFCG Conferences: Save the Dates and Register!

2023 EFCG Conference Bundles

EFCG is pleased to offer discounted conference ticket bundles for our 2023 conferences. As most firms attend multiple conferences a year, you can take advantage of our new 5-Conference or 3-Conference bundle and save up to 25% off the normal ticket prices. Available on each conference registration page, at checkout, simply select the ticket bundle you would like and we will follow up on specific details for each event. For more information about our 2023 conferences, email Dimitri Milionis at

EFCG Featured Articles

Thank you to Liz Trew from Environment Analyst on this content-rich article summarizing EFCG's CEO Conference in September. Key themes highlighted here include staff turnover, inflation, ESG, the inevitability of tech, and valuations.

  • Bob Pragada, President and CEO-elect of Jacobs, emphasized the importance of making changes at the C-suite level to make substantive progress on diversity.

  • EFCG’s data shows that even with all the challenges facing the AEC industry, internal net revenue growth is expected to be the highest since 2007.

EFCG was glad to honor Kate Harris, BCEEM, Chair and CEO of Stanley Consultants, as the 2022 CEO of the Year, for her outstanding leadership, innovative approach, and steadfast focus on ethics and integrity.

Additional Articles:

EFCG Team Speaking Engagements

Speaker: Rebecca Zofnass, Managing Partner

Event: FIDIC Global Infrastructure Conference

Speaker: Julie Hasiba, Managing Partner Event: TRANSEARCH Executive HR Roundtable

Speaker: Jessica Barclay, Managing Partner

Event: EA Global Business Summit

Speaker: Vishal Menon, Advisory Team Event: ACEC Finance Forum

Speaker: Clay Han, Advisory Team

Event: SMPS New York ESG Series

Upcoming EFCG Speaking Engagements:

2022 EFCG Conferences: On-Demand Access

EFCG360: A Real-Time Interactive Benchmarking Tool

Watch a demo video of the EFCG platform!

EFCG360 is an online interactive dashboard that shows comprehensive trends on A/E/C industry performance. The charts are populated with data from hundreds of A/E/C firms, yet each firm’s data is kept completely confidential as only aggregate numbers (i.e. medians and averages) are displayed. The data includes growth, profit, turnover, utilization, revenue multiplier, and staff diversity. Additionally, the dashboard allows users to filter the data by a peer group to narrow your analysis. You may choose from a certain revenue size bucket (ex: $50-$100 million) and/or a certain geographic focus (ex: US-focus) to display information more relevant to your firm. EFCG360 enables you to see a snapshot of how the industry, or a selected peer group, is performing across a variety of metrics. Your teams can use the data from the dashboard to assess how your firm stacks up in comparison and inform future decision-making. Since the charts are continuously updated as new data becomes available, you can ensure that your company benefits from real-time information. For more information, or if you have any questions, email Vishal Menon at

EFCG Industry Surveys & Reports

Every year, EFCG conducts multiple in-depth surveys to assess the latest trends from across the industry. Each response is kept completely confidential and no firm-identifiable data is shared. All survey participants, however, do receive a copy of the aggregated results once available. For any questions, email Dimitri Milionis at

EFCG Weekly Briefings

The EFCG Weekly Briefing summarizes the week's key news in the A/E/C industry, including M&A updates, and micro- and macro-trends, aggregated from industry-focused and global news sources.


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