M&A Deal Summary

Stantec Acquires Fay Spofford & Thorndike

On August 27, 2015, Stantec acquired engineering company Fay Spofford & Thorndike

Acquisition Highlights
  • This is Stantec’s 29th transaction in the Engineering sector.
  • This is Stantec’s 27th transaction in the United States.
  • This is Stantec’s 3rd transaction in Massachusetts.

M&A Deal Summary

Date 2015-08-27
Target Fay Spofford & Thorndike
Sector Engineering
Buyer(s) Stantec
Deal Type Add-on Acquisition
Advisor(s) Burns & Levinson (Legal)

Target

Fay Spofford & Thorndike

Burlington, Massachusetts, United States
Fay, Spofford & Thorndike, Inc. is a provider of engineering and design services to governmental and municipal organizations.

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Buyer(S) 1

Buyer

Stantec

Edmonton, Alberta, Canada

Category Company
Founded 1954
Sector Business Services
Employees30,000
Revenue 6.5B CAD (2023)
DESCRIPTION

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


DEAL STATS #
Overall 37 of 61
Sector (Engineering) 29 of 45
Type (Add-on Acquisition) 36 of 59
State (Massachusetts) 3 of 3
Country (United States) 27 of 37
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-13 V I Engineering

Farmington Hills, Michigan, United States

V I Engineering, Inc. is a power and electrical engineering firm. VI focuses on engineering and design, project management, and system analysis, primarily for electric utilities and cooperatives, industrial, chemical, and petrochemical plants, and midstream oil and gas companies.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-04 KBR - Infrastructure Americas Division

Houston, Texas, United States

KBR - Infrastructure Americas Division is a business within the Non-Strategic Business Group comprises business of providing construction and engineering services. The asset is located in the United States.

Buy $19M