EDMONTON – Stantec (TSX:STN) has signed an agreement to purchase Kentucky-based transportation consulting firm Entran for an undisclosed amount.
The Edmonton-based engineering company said Friday that it signed a letter of intent for Entran, which has a staff of 115 people.
Entran specializes in aviation, bridge and roadway design, as well as traffic engineering and transportation planning.
Get weekly money news
The company’s clients include a slate of federal, state and municipal agencies, including departments of transportation and the U.S. Army Corps of Engineers.
“The addition of Entran will augment Stantec’s transportation practice in the U.S. Southeast and Midwest and expands our aviation services into new markets,” said Stantec’s East Coast senior vice president Scott Murray in a release.
Entran is based in Lexington, Ky., but also has offices in Chicago, Ill., Cincinnati, Ohio, Charleston, W. Va., and Nashville, Tenn.
Stantec has been on a shopping spree this year, scooping up FSC Architects & Engineers, based in Yellowknife, for an undisclosed amount earlier this month.
In July, the company acquired Minnesota-based engineering and environmental science firm Bonestroo Inc.
Comments