AtkinsRealis Completes Deal to Acquire 70% of David Evans Enterprises

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AtkinsRealis Completes Deal to Acquire 70% of David Evans Enterprises

, MT Newswires - 10:55 AM ET 4/14/2025 default

10:55 AM EDT, 04/14/2025 (MT Newswires) -- AtkinsRealis Group ( SNCAF ) said Monday that it completed an agreement to acquire a 70% stake in David Evans Enterprises, parent company of David Evans and Associates, an employee-owned engineering and staff augmentation services firm based in Portland, Oregon.

The company said the transaction aligns with its strategy to acquire firms possessing deep local customer relationships in high growth and whitespace markets. "It expands our reach in the Western U.S. transportation, water and power & renewables markets, while leveraging our combined strengths to deliver large-scale, complex projects," CEO Ian Edwards said.

AtkinsRealis' ( SNCAF ) share price rose 2% at last look to $69.21 on the TSX.

Price: 69.07, Change: +1.22, Percent Change: +1.80

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