Stantec Acquires Morrison Hershfield
January 9, 2024
Stantec has signed an agreement to acquire Morrison Hershfield, a 1,150-person engineering and management firm headquartered in Markham, Ontario. The deal, structured as a court-approved plan of arrangement and subject to shareholder and regulatory approvals, expands Stantec's presence and capabilities across Canadian markets and strengthens its buildings, transportation, and environmental services offerings.
- Buyers
- Stantec
- Targets
- Morrison Hershfield
- Sellers
- Morrison Hershfield shareholders (employee-owners)
- Industry
- Engineering Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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