Stonbury Acquires Panton McLeod

LDC Invests in Stonbury to Expand Sustainability Services

December 21, 2022

Environmental Services

Mid-market private equity firm LDC has made a growth investment in Stonbury, the UK water and environmental sustainability specialist headquartered in Bedfordshire. The capital will support Stonbury's management team to expand its water, wastewater and nature-based low‑carbon services — including organic growth, acquisitions and a push into clean energy — while LDC takes board seats to support the company’s expansion plans.

Stantec Acquires Barton Willmore to Deepen UK Planning and Design Capabilities

March 9, 2022

Engineering Services

Stantec announced its intention to acquire Barton Willmore, a leading UK planning and design consultancy headquartered in Reading. The acquisition (expected to close in early April 2022) will expand Stantec's planning, masterplanning, urban design, and landscape architecture capabilities across the United Kingdom; financial terms were not disclosed.

Stantec Acquires Hydrock, UK Integrated Engineering Design Firm

April 30, 2024

Engineering Services

Stantec has acquired Hydrock, a 950-person integrated engineering design firm headquartered in Bristol, England; the transaction closed on April 30, 2024, and terms were not disclosed. The acquisition increases Stantec's UK workforce by over 30%, broadening its capabilities in fire safety, energy and sustainability, civil and structural, MEP, transport, environmental, and geotechnical services to support low-carbon and infrastructure projects.

Westland Insurance Acquires Montridge Advisory Group and BST Insurance Brokers

September 1, 2022

Insurance

Westland Insurance Group Ltd. acquired Vancouver-based Montridge Advisory Group and Pickering-based BST Insurance Brokers Ltd., effective September 1, 2022. The deals expand Westland’s employee benefits consulting capabilities and establish a new presence in Pickering, Ontario, strengthening its P&C and benefits platforms across Canada.

Stantec Acquires Morrison Hershfield

January 9, 2024

Engineering Services

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.

Pemberstone Capital Partners Acquires Sterling Thermal Technology Ltd

March 18, 2024

Manufacturing

Pemberstone Capital Partners has acquired Sterling Thermal Technology Ltd, a specialist UK-based manufacturer of custom heat exchangers, from existing investors including Nova Capital Management and Caledonia Investments. The transaction provides an exit for the selling investors while giving Sterling access to growth capital and expertise to accelerate its domestic and international expansion.