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  6. Stantec Acquires Industry and Energy Associates

M&A Deal Summary

Stantec Acquires Industry and Energy Associates

On July 6, 2010, Stantec acquired engineering company Industry and Energy Associates

Acquisition Highlights
  • This is Stantec’s 16th transaction in the Engineering sector.
  • This is Stantec’s 14th transaction in the United States.
  • This is Stantec’s 2nd transaction in Maine.

M&A Deal Summary
Date 2010-07-06
Target Industry and Energy Associates
Sector Engineering
Buyer(s) Stantec
Deal Type Add-on Acquisition

Target

Industry and Energy Associates

Portland, Maine, United States
Industry and Energy Associates LLC is an engineering company. IEA's engineering and project management services include both traditional and renewable energy projects, ranging from cogeneration, coal, and electrical transmission work to the design of wind, waste-to-energy, and biomass systems.

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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 20 of 63
Sector: Engineering M&A 16 of 46
Type: Add-on Acquisition M&A Deals 19 of 61
State: Maine M&A 2 of 2
Country: United States M&A 14 of 38
Year: 2010 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-28 Granary Associates

Philadelphia, Pennsylvania, United States

Granary Associates, Inc. is a provider of project management, planning, architecture, and interior design for healthcare facilities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-27 WilsonMiller

Naples, Florida, United States

WilsonMiller, Inc. is a multidisciplinary planning, design and engineering firm, providing services in the environment, geotechnical engineering, urban land, and transportation practices.

Buy -
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