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New Deal


Announced

Stantec to acquire Morrison Hershfield.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

Friendly

Single Bidder

Canada

professional services

engineering consultancy

Domestic

Majority

Engineering Consulting

Acquisition

Synopsis

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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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