Stantec Signs Letter of Intent to Acquire Bonestroo Inc.
Acquisition expands Stantec’s service area and employee base
North American design firm Stantec announced that it has signed a letter of intent to acquire Minnesota-based Bonestroo Inc. The engineering, planning and environmental science firm has approximately 275 employees in 11 offices in Minnesota, Wisconsin, Illinois, Michigan and North Dakota.
Founded in 1956, Bonestroo is a multidisciplinary firm that specializes in municipal engineering, infrastructure planning, streets and utilities design, water supply, water storage, water distribution, brownfields redevelopment, environmental planning, environmental management, environmental compliance, transportation engineering, traffic engineering, bridge design, water resources management, ice design, aquatics design, athletic field design, land use planning and urban design.
Stantec currently has 475 staff and 16 offices in the Midwest and was ranked 16th by ENR Midwest magazine in 2010. In the past 14 months, Stantec has added more than 1,600 staff across North America and internationally.