M&A Deal Summary

Stantec Acquires Driven by Values

On November 3, 2021, Stantec acquired engineering company Driven by Values

Acquisition Highlights
  • This is Stantec’s 40th transaction in the Engineering sector.
  • This is Stantec’s 2nd transaction in the Netherlands.

M&A Deal Summary

Date 2021-11-03
Target Driven by Values
Sector Engineering
Buyer(s) Stantec
Deal Type Add-on Acquisition

Target

Driven by Values

Sittard, Netherlands
Driven by Values is an engineering and consulting firm is a trusted partner for governmental and utility clients navigating the transition toward sustainable energy generation, sustainable building design, energy infrastructure upgrades, sustainable district heating networks, and e-mobility. Driven by Values is based in Sittard, Netherlands.

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Buyer(S) 1

Buyer

Stantec

Edmonton, Alberta, Canada

Category Company
Founded 1954
Sector Business Services
Employees32,000
Revenue 7.5B CAD (2024)
DESCRIPTION

Stantec is a multi-disciplinary professional engineering consulting services. Stantec was incorporated in 1954 and is based in Edmonton, Alberta.


DEAL STATS #
Overall 55 of 63
Sector: Engineering M&A 40 of 46
Type: Add-on Acquisition M&A Deals 53 of 61
Country: Netherlands M&A 2 of 2
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-21 Cardno

Fortitude Valley, Australia

Cardno is a professional infrastructure and environmental services company, with specialist expertise in the development and improvement of physical and social infrastructure for communities around the world. Cardno’s team includes leading professionals who plan, design, manage and deliver sustainable projects and community programs. Cardno was founded in 1945 and is based in Fortitude Valley, Australia.

Buy $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-15 Cox McLain Environmental Consulting

Austin, Texas, United States

Cox McLain Environmental Consulting is a HUB/DBE/WBE-certified environmental consulting firm that provides comprehensive environmental and cultural resource compliance services. Cox McLain Environmental Consulting was founded in 2007 and is based in Austin, Texas.

Buy -