Stantec to acquire design, architecture, and engineering firm Page

Canadian firm Stantec has signed a purchase agreement to acquire Page, a 1,400-person architecture and engineering firm headquartered in Washington, DC.

The acquisition aims to deepen Stantec’s growth in areas such as advanced manufacturing, data centers, and healthcare, while strengthening Stantec’s U.S. offering in mission critical, academic, civic, cultural, aviation, science and technology, and commercial.

“Page is a respected architecture and engineering firm with shared values and a commitment to design excellence and innovation,” said Gord Johnston, president and chief executive officer of Stantec. “This acquisition will greatly support our strategic market growth in our Buildings business while enabling us to leverage our expanded platform to better serve our North American clients and grow our worldwide market presence.”

With the addition of Page, Stantec’s U.S. Buildings practice will grow by approximately 35 per cent and the company’s overall U.S. employee headcount will expand to approximately 13,500 people. The purchase will make Stantec the second-largest architecture firm in the U.S. Stantec intends to fund the acquisition through existing funds and credit facilities.

Founded in 1898 in Austin, Texas, Page has offices in 20 cities across the U.S. and Mexico.

“Together, we will support our clients with expanded reach, greater expertise, and deeper resources. Our strategic plans were to achieve domestic primacy and global influence for our team, joining Stantec positions us to accelerate these plans,” said Thomas McCarthy, Washington, DC-based chief executive officer of Page. “We are delighted to be joining Stantec and elevating the capabilities of our talented team.”

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