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M&A Deal Summary

EnGlobe Acquires Protostatix

On October 20, 2021, EnGlobe acquired engineering company Protostatix

Acquisition Highlights
  • This is EnGlobe’s 2nd transaction in the Engineering sector.
  • This is EnGlobe’s 2nd transaction in Canada.
  • This is EnGlobe’s 1st transaction in Alberta.

M&A Deal Summary
Date 2021-10-20
Target Protostatix
Sector Engineering
Buyer(s) EnGlobe
Deal Type Add-on Acquisition

Target

Protostatix

Edmonton, Alberta, Canada
Protostatix is a structural engineering firm with areas of specialization that include structural engineering for commercial, light industrial, high-rise, and historic buildings, both for public and private projects. Over the past years, the company has participated in a diverse range of projects, including the conversion of the Glenora Skyline project into the West Block building, the redevelopment of the Brewery District, the construction of the Fox 1 and 2 towers, and the Revera McConachie Gardens in Edmonton, the construction of the Seven Chiefs Sportsplex and the Jim Starlight Centre of the Tsuut’ina First Nation, and various schools projects across Alberta and Saskatchewan. Protostatix was formed in 1980 and is based in Edmonton, Alberta.

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Buyer(S) 1

Buyer

EnGlobe

Quebec, Quebec, Canada
Category Company
Founded 1961
Sector Environmental
Employees3,000
DESCRIPTION

EnGlobe is an international integrated environmental services company specializing in the management of organic-based waste streams and contaminated soils, with an emphasis on beneficial reuse. Englobe offers a broad suite of services from engineering, design and inspection to environmental consulting and remediation. EnGlobe was formed in 1961 and is headquartered in Quebec.

DEAL STATS #
Overall 2 of 4
Sector: Engineering M&A 2 of 3
Type: Add-on Acquisition M&A Deals 2 of 4
State: Alberta M&A 1 of 3
Country: Canada M&A 2 of 4
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-02 Terraprobe

Brampton, Ontario, Canada

Terraprobe, Inc. is a consulting engineering firm. Terraprobe’s areas of specialization include geotechnical, environmental, shoring design, building science, and hydrogeological engineering. Terraprobe was founded in 1977 and is based in Brampton, Ontario.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-02 Mpe Engineering

Lethbridge, Alberta, Canada

Mpe Engineering is a multidisciplinary consulting engineering firm specializing in municipal engineering, water resources, and building services. Mpe Engineering was founded in 1983 and is based in Lethbridge, Alberta.

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