), a North American design firm, recently declared that it has
acquired Halifax-based JDA MacKenzie Architects for an
undisclosed amount. The acquisition is expected to strengthen
Stantec's architecture presence in Atlantic Canada.
JDA MacKenzie serves clients from various fields ranging from
healthcare and public safety to commercial and industrial
sectors. The firm has designed well-known projects in Nova Scotia
such as the Yarmouth Justice Centre in Yarmouth, the new K-12
School for Wagmatcook First Nation and
) Pasteur Vaccination Challenge Unit, which is first of its
kind in Canada. This architectural services firm was setup in
Over the years Stantec has boosted its architecture and
engineering practice in the region through acquisitions of firms
like QuadraTec in Feb 2011, PHB Architects in May 2012 and
Architecture 2000, New Brunswick in Nov 2012.
Most recently in June, Stantec acquired the assets of
California based IBE Consulting Engineers and Vancouver based
interior design company AP/ID for an undisclosed amount. The
acquisition of IBE will provide Stantec with the opportunity to
enter the building engineering space in the North American market
and exploit the western U.S. market as well.
Stantec works with public and private sector clients and offer
professional consulting services in areas like planning,
engineering, surveying and project economics for infrastructure
and facilities projects.
Stantec currently carries a Zacks Rank #3 (Hold). Some other
stocks in the consulting sector are
) carrying a Zacks Rank #1(Strong Buy).
CORELOGIC INC (CLGX): Free Stock Analysis
EXPONENT INC (EXPO): Free Stock Analysis
SANOFI-AVENTIS (SNY): Free Stock Analysis
STANTEC INC (STN): Free Stock Analysis Report
To read this article on Zacks.com click here.