M&A Deal Summary

Stantec Acquires True Grit Engineering

On August 28, 2018, Stantec acquired engineering company True Grit Engineering

Acquisition Highlights
  • This is Stantec’s 37th transaction in the Engineering sector.
  • This is Stantec’s 14th transaction in Canada.
  • This is Stantec’s 3rd transaction in Ontario.

M&A Deal Summary
Date 2018-08-28
Target True Grit Engineering
Sector Engineering
Buyer(s) Stantec
Deal Type Add-on Acquisition

Target

True Grit Engineering

Thunder Bay, Ontario, Canada
True Grit Engineering is a regional engineering firm that provides civil, environmental, and planning and development services. The men and women of True Grit Engineering are energetic, innovative, dynamic and fearless. True Grit Engineering offers a progressive work environment that focuses on enhanced quality of life for all team members.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 51 of 61
Sector (Engineering) 37 of 45
Type (Add-on Acquisition) 49 of 59
State (Ontario) 3 of 4
Country (Canada) 14 of 15
Year (2018) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-14 Peter Brett Associates

Reading, United Kingdom

Peter Brett Associates LLP is an independent practice of engineers, planners, scientists, and economists delivering major development and infrastructure projects. Company provide trusted advice to create value from the land and buildings owned or operated by clients. Together, we create better places for the communities in which we work.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-09 Wood & Grieve Engineers

Perth, Australia

Wood & Grieve Engineers Ltd. is a engineering-focused consulting services company, WGE provides structural, mechanical, electrical, plumbing, hydraulics engineering, and a broad range of related specialty services for clients throughout Australia. The firm will bring more than 600 talented engineers and specialists distributed across offices in Albany, Busselton, Brisbane, Melbourne, Perth, and Sydney.

Buy -
Mergr

Product

Company

Legal