M&A Deal Summary

Stantec Acquires Morrison Hershfield

On January 9, 2024, Stantec acquired engineering company Morrison Hershfield

Acquisition Highlights
  • This is Stantec’s 44th transaction in the Engineering sector.
  • This is Stantec’s 15th transaction in Canada.
  • This is Stantec’s 4th transaction in Ontario.

M&A Deal Summary

Date 2024-01-09
Target Morrison Hershfield
Sector Engineering
Buyer(s) Stantec
Deal Type Add-on Acquisition

Target

Morrison Hershfield

Burlington, Ontario, Canada
Morrison Hershfield provides engineering and management consulting services in the areas of energy and industrial, buildings, technology and telecom, transportation, environment, water and wastewater, and land development. Morrison Hershfield was founded in 1946 and is based in Burlington, Ontario.

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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 60 of 61
Sector (Engineering) 44 of 45
Type (Add-on Acquisition) 58 of 59
State (Ontario) 4 of 4
Country (Canada) 15 of 15
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-14 ZETCON

Bochum, Germany

ZETCON is an engineering firm that provides infrastructure planning, inspection, project management, and construction management. ZETCON was founded in 1973 and is based in Bochum, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-01 Hydrock

Bristol, United Kingdom

Hydrock is a multi-disciplinary engineering design consultancy advising on how to make development sites viable and how to create high-performing buildings and infrastructure. Hydrock was founded in 1995 and is based in Bristol, England.

Buy -