M&A Deal Summary

Stantec Acquires Inventrix

On May 5, 2017, Stantec acquired engineering company Inventrix

Acquisition Highlights
  • This is Stantec’s 35th transaction in the Engineering sector.
  • This is Stantec’s 33rd transaction in the United States.
  • This is Stantec’s 4th transaction in Washington.

M&A Deal Summary
Date 2017-05-05
Target Inventrix
Sector Engineering
Buyer(s) Stantec
Deal Type Add-on Acquisition

Target

Inventrix

Seattle, Washington, United States
Inventrix, Inc. is a 22-person mechanical engineering firm based in Seattle, Washington. Inventrix delivers modern, intelligent buildings that leverage the latest advancements in systems technology. Inventrix building types include data centers, laboratories, healthcare, justice, high-rise, and performance-based projects.

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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 44 of 61
Sector (Engineering) 35 of 45
Type (Add-on Acquisition) 42 of 59
State (Washington) 4 of 4
Country (United States) 33 of 37
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-21 Innovyze

Broomfield, Colorado, United States

Innovyze is a global provider of wet infrastructure business analytics software solutions designed to meet the technological needs of water/wastewater utilities, government agencies, and engineering organizations worldwide. The company’s clients include the majority of the largest UK, Australasian, East Asian and North American cities, foremost utilities on all six continents, and ENR top-rated design firms. Innovyze was founded in 1996 and is based in Broomfield, Colorado.

Sell $270M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-22 RNL

Denver, Colorado, United States

RNL is a global, full-service design firm specializing in sustainable, integrated design. Founded in 1956, RNL offers a continuum of design services, including commercial architecture, interior design, landscape architecture, urban design and planning. RNL has offices in Denver, Los Angeles, Phoenix, Washington DC, and Abu Dhabi, United Arab Emirates.

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