Santa Ana, Calif.-based Salas O'Brien, a national facilities design and planning firm, has merged with Columbus, Ohio-based Varo Engineers, creating a combined firm with 16 offices and 460 employee-owners.
Acquisition transactions in the engineering sector last year had a double-digit falloff to the lowest level since 2013 and the sharpest decline rate since the recession, according to a new analysis by one sector consultant and deal broker.
