Stantec Inc.’s $667 Million Acquisition of Americas ESG Consulting Divisions from Cardno

Gilbert + Tobin and PwC assisted Cardno on the sale of its Americas and Asia Pacific consulting divisions to Stantec Inc., represented by DLA Piper.

Stantec (TSX, NYSE: STN) has entered into a $667 millio share purchase agreements to acquire the North America and Asia Pacific engineering and consulting groups  of Cardno Limited (ASX:CDD). 

National Bank Financial Inc. acted as sole financial advisor to Stantec, and Baird and Gresham Advisory Partners assisted Cardno.

Cardno is a global infrastructure, environmental and social development company operating in more than 100 countries. Cardno is a leader in ecosystem restoration, health sciences, infrastructure, water and government services. Stantec is also leader in sustainable infrastructure design.

Stantec is a global leader in sustainable design and engineering. 

The G+T’s team consisted of Partner Tim Gordon (Picture), assisted by lawyers Katrina Byrne, Emily Fanning and a broad cross-firm team.

Involved fees earner: Katrina Byrne – Gilbert + Tobin; Emily Fanning – Gilbert + Tobin; Tim Gordon – Gilbert + Tobin;

Law Firms: Gilbert + Tobin;

Clients: Cardno Limited;

Author: Sonia Carcano