M&A Deal Summary

IBI Acquires RLC Architects

On April 4, 2022, IBI acquired engineering company RLC Architects

Acquisition Highlights
  • This is IBI’s 1st transaction in the Engineering sector.
  • This is IBI’s 1st transaction in the United States.
  • This is IBI’s 1st transaction in Florida.

M&A Deal Summary
Date 2022-04-04
Target RLC Architects
Sector Engineering
Buyer(s) IBI
Deal Type Add-on Acquisition

Target

RLC Architects

Boca Raton, Florida, United States
RLC Architects specializes in planning and designing award-winning buildings and communities in South Florida. RLC Architects was founded in 1990 and is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

IBI

Toronto, Ontario, Canada
Category Company
Founded 1974
Sector Engineering
Revenue 557M CAD (2021)
DESCRIPTION

IBI is a globally integrated architecture, planning, engineering, and technology firm. IBI was founded in 1974 and is based in Toronto, Ontario.

DEAL STATS #
Overall 5 of 6
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 4 of 5
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2022) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-07 Ecosystem Informatics

Mississauga, Ontario, Canada

Ecosystem Informatics is specializing in environmental monitoring, diagnostics and pollution abatement solutions designed to help clients protect the environment and enhance business performance. Ecosystem Informatics was founded in 2019 and is based in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 HotSpot

Fredericton, New Brunswick, Canada

HotSpot specializes in creating products for parking, transit, taxi, and merchant payments. Its low infrastructure requirement aids in the rapid rollout of flexible, integrated mobility solutions and provides savings to clients and consumers. The company responds to community parking needs, creating adaptable solutions, including digital permits, gated-entry solutions, and parking enforcement and citation management solutions. In addition to parking, the platform’s app offers clients a digitized resource, combining taxi and transit information so that users can book a taxi, keep track of travel expenses, receive real-time transit updates, schedule and pay for taxis, and pay for public transit. HotSpot was formed in 2013 and is based in Fredericton, New Brunswick.

Buy -
Mergr

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