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Stantec Agrees To Acquire Washington, DC-Based Architecture And Engineering Firm Page; Terms Not Disclosed

Author: Benzinga Newsdesk | April 03, 2025 05:50am

Stantec intends to fund the acquisition through existing funds and credit facilities. Post close, the Company expects to remain within its internal range of 1.0x to 2.0x net debt to adjusted EBITDA.

The acquisition will deepen Stantec's expertise and resources in key growth areas such as advanced manufacturing, data centers, and healthcare, while adding new capabilities in cleanroom design and fabrication facilities.

Posted In: STN


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