Acquisition Opportunity Fagen Engineering LLC has been acquired by Larson Engineering, Inc. as of February 20, 2025, which may open opportunities for cross-sell of larger scale plant design, project management, and engineering services through the combined entity.
Revenue Size With reported revenue in the $10M–$25M range and a lean staff (2–10 employees), there is potential to offer scalable, cost-effective engineering software, lean implementation, and phased capital projects that align with smaller to mid-market project scopes.
Technology Footprint Existing tech stack includes AutoCAD Plant 3D, AutoCAD, Google Cloud, Cloudflare, Microsoft 365, Office 365, and Nginx. Opportunity to provide integration services, cloud-based CAD collaboration tools, cybersecurity hardening, and managed hosting to optimize design workflows.
Industry Fit Operating in Food and Beverage Manufacturing, there is demand for process optimization, sanitary design compliance, modular equipment integration, and scalable automation solutions that can be packaged as repeatable playbooks for similar mid-market food producers.
Growth Focus The combination of small team size and recent acquisition suggests a strategic shift toward scalable services, partnerships, and extended project scopes; target expansion into broader EPC, civil/industrial design, or multi-site rollouts with Larson Engineering as a channel partner.