Stantec, a Canadian engineering and design firm, acquired UK-based Hydrock to bolster its infrastructure and engineering design services in the United Kingdom. The deal closed on January 1, 2024.

AcquirerTarget
Stantec (CA)Hydrock (GB)
Deal Value: undisclosed
Type of Deal: acquisition
Close Date: January 1, 2024
Announcement Date: January 1, 2024
Advisors: 
Buy-side Financial Advisors: not disclosedSell-side Financial Advisors: not disclosed
Legal Buy-Side Advisors: not disclosedLegal Sell-Side Advisors: not disclosed

The acquisition aims to enhance Stantec's presence in the UK infrastructure market, leveraging Hydrock’s expertise in sustainable engineering and design solutions. Hydrock has been a portfolio company of BGF since 2018.