Announced
Financials
Sources
Tags
Private
Pending
Friendly
Single Bidder
Canada
professional services
engineering consultancy
Domestic
Majority
Engineering Consulting
Acquisition
Synopsis
Stantec, a sustainable design and engineering firm, agreed to acquire Morrison Hershfield, an employee-owned professional services firm providing engineering and management consulting services. Financial terms were not disclosed. “We are thrilled to bring a firm of Morrison Hershfield’s stature into the Stantec fold. Our firms have shared a mutual admiration over many years. Stantec and Morrison Hershfield have a similar history from our roots in the Canadian market, growing and diversifying services both by geography and service line. And, importantly, our values and culture are very well aligned,” Gord Johnston, Stantec President and CEO.
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