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On April 5, 2023, Montreal-based engineering firm Bouthillette Parizeau (BPA) announced its acquisition of Ottawa-based Cleland Jardine Engineering Ltd., a structural engineering consultancy. The acquisition incorporates Cleland Jardine's 65 staff into BPA, expanding BPA's footprint in the Ottawa region and enhancing its stance in Ontario. This move is aimed at establishing BPA's services across all Canadian provinces. Dominic Latour, BPA's CEO, emphasized that this transaction amplifies BPA's leadership in building engineering and augments their structural engineering and building science services. The partnership is in line with BPA's strategy to grow its presence nationally. Both firms highlight shared values of integrity and excellence, with a joint vision for Canadian expansion. Robert Jardine, Partner and COO of Cleland Jardine, expressed that this formal collaboration with BPA will merge their structural and building science expertise with BPA's proficiency in mechanical and electrical engineering, delivering a broad service range to clients and accessing new markets. The acquisition also offers enhanced career prospects for Cleland Jardine's staff. Notably, this acquisition follows an investment in BPA by CDPQ in 2022, which aimed to back BPA's nation-wide strategic development and foster growth.
Parties
Company
Bouthillette Parizeau (BPA)
Company
Cleland Jardine Engineering Ltd.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
03 April 2024