M&A Deal Summary

Parsons Acquires Delcan

On April 1, 2014, Parsons acquired construction company Delcan

Acquisition Highlights
  • This is Parsons’ 2nd transaction in the Construction sector.
  • This is Parsons’ 1st transaction in Canada.
  • This is Parsons’ 1st transaction in Ontario.

M&A Deal Summary

Date 2014-04-01
Target Delcan
Sector Construction
Buyer(s) Parsons
Deal Type Add-on Acquisition

Target

Delcan

Markham, Ontario, Canada
Delcan Corp. is an international multidisciplinary engineering, planning, management, and technology firm that provides a broad range of integrated systems and infrastructure solutions to the transportation market. Delcan Corp. was founded in 1953 and is based in Markham, Ontario.

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Buyer(S) 1

Buyer

Parsons

Pasadena, California, United States

Category Company
Founded 1944
Sector Engineering
DESCRIPTION
Parsons office in Columbia, Maryland.
Parsons office in Columbia, Maryland.

Parsons is an engineering and construction company with a focus on transportation, environmental/infrastructure, defense/security, and resources. The Company provides a variety of design, design-build, construction management, and other professional services packaged in alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide. Parsons was formed in 1944 and is based in Pasadena, California.


DEAL STATS #
Overall 4 of 20
Sector: Construction M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 19
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2014 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-15 SPARTA

Lake Forest, California, United States

SPARTA, Inc. is a provider of technical products and services to defense, intelligence, and homeland security.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-18 Secure Mission Solutions

Reston, Virginia, United States

Secure Mission Solutions for new strategic acquisitions in a high growth industry — Federal IT security. The Company protects the information systems and data of the Departments of Defense and Homeland Security, the intelligence community, and select civilian agencies against cyber attacks, theft, and physical damage. SMS is one of the largest pure play providers of network-enabled security services to the federal government.

Buy -