Add-on Acquisition • Engineering

Stantec Acquires V I Engineering

On July 13, 2015, Stantec acquired engineering company V I Engineering

Acquisition Context
  • This is Stantec’s 28th transaction in the Engineering sector.
  • This is Stantec’s 26th transaction in the United States.
  • This is Stantec’s 1st transaction in Michigan.

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M&A Deal Summary

Date July 13, 2015
Target V I Engineering
Sector Engineering
Buyer(s) Stantec
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 36 of 63
Sector: Engineering 28 of 46
Type: Add-on Acquisition 35 of 61
State: Michigan 1 of 1
Country: United States 26 of 38
Year: 2015 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-04 Sparling

Lynnwood, Washington, United States

Sparling, Inc. is an integrated design and consulting firm, that provides electrical engineering, technology, audio/visual and wireless industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-27 Fay Spofford & Thorndike

Burlington, Massachusetts, United States

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

Buy -