ONCAP-backed Englobe joins forces with DST Group

Englobe Corp has acquired DST Group Inc, an Ottawa-based consulting engineering business.

No financial terms were released.

Established in 1956, DST’s service capability covers environmental, geotechnical, blast and demolition engineering, and consulting projects.

Englobe, a Québec City-based soil, materials and environmental engineering company, said the acquisition will help consolidate its presence in Ontario and Western Canada.

The deal follows Englobe’s buy last month of McIntosh Lalani Engineering Ltd.

Englobe is backed by ONCAP, the mid-market arm of Canadian private equity firm Onex Corp. ONCAP invested in 2006 and later partnered in the company’s acquisitions and go-private deal in 2011.

PRESS RELEASE

As Part of its Continuing Expansion, a Canadian Leader Grows its Capabilities in Ontario and Western Canada: Englobe and DST Join Forces

OTTAWA, Dec. 10, 2018 /CNW/ – Englobe Corp. (“Englobe”), a Canadian leader in Soils, Material and Environmental Engineering, with an established network of more than 55 offices and 30 laboratories across Canada, has acquired DST Group Inc. (“DST”). DST is a consulting engineering firm founded over 60 years ago with more than 165 employees and nine offices across Ontario and Western Canada. By joining forces, Englobe and DST increase their footprints with 14 offices and 350 staff in Ontario and nearly 160 staff across six offices in Western Canada.

Both companies will be well positioned to offer complementary services and expertise to each other’s clients in both geographical areas, including municipalities, provincial and federal governments, and private sector clients.

“DST shares the same important values as Englobe – focusing on our employees, offering innovative solutions to our clients and emphasizing high-quality project management. We are very happy to have found a partner in Englobe with whom we can build upon our mutual strengths and provide exciting new opportunities to both employees and clients. Our enhanced service offering in the regions will benefit clients nationwide,” says Maurice Graveline, former CEO of DST and new Vice President Operations Ontario at Englobe.

Stephen Montminy, Englobe Co-President, says: “We are extremely pleased to welcome DST to the Englobe family. Its well-established reputation will contribute to consolidating our presence in Ontario and Western Canada and I look forward to seeing the beneficial impacts as we grow together. This is an exciting continuation of our pan-Canadian growth path and creates many new jobs and business opportunities.”

About Englobe Corp. and DST, a division of Englobe Corp.

Englobe is an international leader offering a full range of services and solutions in soils, material and environmental engineering ranging from project design and environmental impact surveys, to technical know-how and consulting to, ultimately, regenerating the earth. The firm provides integrated, sustainable and innovative solutions designed to exceed the expectations of its clients, in both private and public sectors, who are looking for reliable technical expertise, know-how and capabilities customized to each of their projects. Englobe is proud to leverage more than 50 years of achievements in Canada, France and UK to go beyond expertise by empowering its dedicated people to share their work and passion for the benefit of our partners, communities and the environment. englobecorp.com

DST Group Inc. is a consulting engineering firm specializing in Environmental Engineering/Science, Hazardous Materials Consulting, Geotechnical Engineering, Construction Materials Testing, and collectively, Facilities Blasting/Demolition Engineering/Acoustics & Vibration Monitoring. The firm provides services in Ontario and Western Canada. DST was established in 1956 and is an employee-owned firm. dstgroup.com

For further information: TEWFIK ATIA, Vice-President Integration Operations Ontario and Vice-President Operations Western Canada, Englobe, T.416.213.1060, ext. 170232, tewfik.atia@englobecorp.com; MANON LEBLOND, Senior Executive Coordinator, Englobe, T 514.281.5151, ext. 113090, manon.leblond@englobecorp.com