M&A Deal Summary

Kent Acquires SNC-Lavalin Group - Resources Oil & Gas Business

On February 9, 2021, Kent acquired energy services and equipment company SNC-Lavalin Group - Resources Oil & Gas Business from AtkinsRéalis

Acquisition Highlights
  • This is Kent’s 1st transaction in the Energy Services and Equipment sector.
  • This is Kent’s 1st transaction in Canada.
  • This is Kent’s 1st transaction in Quebec.

M&A Deal Summary

Date 2021-02-09
Target SNC-Lavalin Group - Resources Oil & Gas Business
Sector Energy Services and Equipment
Buyer(s) Kent
Sellers(s) AtkinsRéalis
Deal Type Divestiture

Target

SNC-Lavalin Group - Resources Oil & Gas Business

Montreal, Quebec, Canada
SNC-Lavalin Group's Resources Oil & Gas Business includes services and LSTK, de-risking operations and reducing LSTK delivery and warranty obligations to clients in a variety of industry sectors.

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Buyer(S) 1

Buyer

Kent

Dubai, United Arab Emirates

Category Company
Founded 1994
Sector Energy Services and Equipment
DESCRIPTION

Kent is a diversified electrical services provider with core capabilities that include the provision of multidiscipline engineering, procurement, construction, commissioning, and maintenance services across a range of energy and industrial facilities in key growth regions around the world. Kent was founded in 1994 and is based in Dubai, United Arab Emirates.


DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Quebec M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

AtkinsRéalis

Montreal, Quebec, Canada

Category Company
Founded 1911
Sector Energy Services and Equipment
Employees38,446
Revenue 9.7B CAD (2024)
DESCRIPTION

AtkinsRéalis is an engineering services and nuclear company in creating sustainable solutions that connect people, data and technology to transform infrastructure and energy systems. The company deploy global capabilities locally to its clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. The breadth and depth of its capabilities are delivered to clients in strategic sectors such as Engineering Services, Nuclear and Capital. AtkinsRéalis was founded in 1911 and is based in Montreal, Quebec.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Quebec M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-31 Data Transfer Solutions

Orlando, Florida, United States

Data Transfer Solutions, Inc. is a provider of a comprehensive enterprise asset management software solution, DTS provides state-of-the-art tools and solutions to clients with large, complex infrastructure assets.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-14 David Evans

Portland, Oregon, United States

David Evans is a professional services consulting firm specializes in design for transportation, land development, energy, and water and environmental infrastructure projects across the nation. David Evans was formed in 1976 and is based in Portland, Oregon.

Buy -