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Stock Market & Financial Investment News

News Breaks
November 12, 2012
09:11 EDTSTNStantec signs LOI to acquire South Florida engineering firm C3TS
Stantec announced it has signed a letter of intent to acquire the assets of C3TS, a Florida engineering and design firm with 150 employees. The move will establish a strong presence for Stantec on Florida's Atlantic coast, bringing total staff in the state to more than 350 in 12 offices. In addition to its Miami-Dade County headquarters in Coral Gables, C3TS has offices in Fort Lauderdale, Boca Raton, West Palm Beach, and Orlando. Established in 1988, C3TS provides transportation and civil engineering, architecture, and environmental engineering services to major transportation agencies, municipalities, and education institutions across the state. Stantec currently has more than 200 employees in Florida in seven offices. The transaction is expected to close at the end of November.
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August 28, 2014
09:04 EDTSTNStantec signs letter of intent to acquire Penfield & Smith
Stantec will enhance its presence along California's Central Coast by acquiring Santa Barbara- based Penfield & Smith. A 90-person civil engineering and land planning firm with local offices in Santa Barbara, Camarillo, Santa Maria, and Lancaster, Penfield & Smith has a sizeable roster of public and private sector clients. This transaction is expected to close in October.

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