Stantec to acquire Environmental Systems Design, Inc., a leading building engineering design firm specializing in mission critical and data center expertise
08 Juni 2023 - 12:45PM
TSX, NYSE: STN
Stantec, a global leader in sustainable design and
engineering, has signed an agreement to acquire Environmental
Systems Design, Inc. (ESD), a 270-person engineering firm
headquartered in Chicago. Founded in 1967, ESD has built a
reputation for excellence and innovation in high-performance design
with a roster of industry-leading clients. The terms of the
transaction are not disclosed.
The acquisition of ESD significantly deepens
Stantec’s expertise in mission critical facilities and data center
design. Mission critical facilities represent a rapidly growing
segment of purpose-built infrastructure that require an increased
level of reliability. These facilities—spanning nearly every major
industry—are designed to maintain building infrastructure,
emergency dispatch, data storage, or other critical functions in
the face of inclement weather and utility outages. Data centers,
such as hyperscale facilities, require special, resilient design
considerations developed by uniquely qualified teams with regular
exposure to the evolving needs of large-scale companies.
The acquisition of ESD expands Stantec’s
mechanical, electrical, and plumbing (MEP) and structural
engineering practice by 40 percent in the US. These added resources
significantly deepen the firm’s smart building engineering
capabilities that support the workplace of the future and the
emerging trends of decarbonization, building repositioning, and
adaptive reuse.
“Merging talent with ESD positions Stantec as one
of the top integrated design firms in the US market,” said Leonard
Castro, executive vice president and business operating unit leader
for Buildings at Stantec. “Our expanded services in data center,
smart building design, and high-performance buildings will offer
our clients the flexible and stable facilities that meet their
operational needs into the future.”
“Stantec is a top-tier firm that shares our vision
to improve society through the built environment,” said Raj Gupta,
executive chairman at ESD. “ESD has increased the depth and breadth
of its services in recent years. Joining Stantec expands our
offering globally and creates exceptional career growth
opportunities for our employees.”
Critical Project ExperienceESD
provides data center design services for several
industry-leading technology clients. ESD was
recently retained by a confidential client to provide peer review
and hyperscale data center design services and subsequently engaged
in multiple hyperscale data centers on its behalf across the US.
Hyperscale campus developments scale from a single 500,000 square
foot (20 to 30 megawatts capacity) facility to multiple facilities
spanning several million square feet (300+ megawatts capacity).
Multiple sites throughout the country share a baseline design with
local adaptations and are designed for efficient phased buildouts
without interruption to live facilities.
Additional projects in ESD’s portfolio include
- MEP and mission critical engineering for the United
Airlines Network Operations Center in Chicago, a vital
component of the airline’s day-to-day operations. Building
Information Modeling (BIM) was used to route new systems through
the existing structure and around existing systems. ESD worked
closely with the City of Chicago and provided specialized
consulting services in the areas of electrical and fire alarm codes
to provide a unique furniture wiring design that met all of
United’s needs.
- MEP and fire protection engineering for the
1,400,000-square-foot expansion of the Las Vegas Convention
Center, one of the largest convention centers in the
world. The new West Hall includes 600,000 square feet of flexible
exhibition spaces with multiple infrastructure services including a
variety of electrical power voltages and capacities,
telecommunications, water and drainage, and natural gas. Ancillary
program and support spaces include a concourse, meeting rooms,
lobbies, and café/kitchen space.
- MEP and fire protection engineering and energy modeling for
Northwestern Medicine Lake Forest Hospital in
Illinois. The 201-bed hospital was designed to meet future demand
and modeled to achieve LEED Silver Certification. Energy
conservation measures included optimizing the thermal performance
of the façade while balancing the solar heat gain of the glass,
external shading techniques, LED lighting, and more. ESD also
reduced water-fixture use by 20 percent and domestic hot water
usage by 26 percent.
Stantec has three existing offices in Chicago, for
a total of five in Illinois. With a large concentration of
employees in Chicago, ESD also has offices in New York City, San
Francisco, and Phoenix. The acquisition will grow Stantec’s
presence in Chicago to nearly 600 and to more than 2,050 in the
broader US North Central region, which covers 12 states.
The acquisition is expected to close on June 30,
2023.
About StantecCommunities are
fundamental. Whether around the corner or across the globe, they
provide a foundation, a sense of place and of belonging. That's why
at Stantec, we always design with community in
mind.
We're designers, engineers, scientists, and project
managers, innovating together at the intersection of community,
creativity, and client relationships. Balancing these priorities
results in projects that advance the quality of life in communities
across the globe.
Stantec trades on the TSX and the NYSE under the
symbol STN.
Media Contact
Danny Craig
Stantec Media
Relations Ph: (949)
923-6085
danny.craig@stantec.com
Investor ContactJess
NieukerkStantec Investor RelationsPh: (403)
569-5389jess.nieukerk@stantec.com
Design with community in mind
Stantec (TSX:STN)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Stantec (TSX:STN)
Historical Stock Chart
Von Mai 2023 bis Mai 2024