Stantec is set to acquire Morrison Hershfield, a 1,150-person engineering and management firm headquartered in Markham, Ontario.
The acquisition expands Stantec’s presence in most major Canadian markets, and strengthens its U.S. presence in buildings engineering. Morrison Hershfield is one of the few large Canadian-based engineering firms with core strengths, business lines, and clients that are additive to Stantec’s presence in multiple key growth markets, including the Greater Toronto Area. The addition of MH will increase Stantec’s staff in Canada by 10 per cent.
“Stantec and Morrison Hershfield have a similar history from our roots in the Canadian market, growing and diversifying services both by geography and service line,” said Gord Johnston, president and CEO of Stantec. “And, importantly, our values and culture are very well aligned.”
Among the many services Morrison Hershfield will bring to the new venture are more capacity in the high-growth mission critical and data centre market space, new capabilities directly tied to smart buildings and 5G implementation, and building envelope and science design knowledge, including code life safety consulting, commissioning, sustainability, and whole building energy modeling. Adding Morrison Hershfield’s Horizontal Infrastructure business will also double Stantec’s transportation presence in Ontario.
“Joining the Stantec family marks a historic moment for our 78-year-old company,” said Anthony Karakatsanis, president and CEO of Morrison Hershfield. “With access to Stantec’s depth of renowned experts, resources, and cutting-edge technology, we will be able to provide our employees with exciting and meaningful work, growth, and professional development for the long term. This acquisition provides us with access to many high-profile North American and global projects and markets in the communities where our employees live and work.”
