Atkinsrealis acquires C2AE

Executive Summary

• Atkinsrealis Group Inc. has acquired C2AE Inc., a Michigan-based architecture and engineering firm, to accelerate growth in the United States and expand its footprint in the Upper Midwest.
• The acquisition adds approximately 120 professionals and eight locations across Michigan and upstate New York to Atkinsrealis, enhancing capabilities in water, transportation, and buildings.
• The transaction aligns with Atkinsrealis's U.S. land and expand strategy, leveraging past successful collaborations between the two firms to deliver comprehensive solutions to clients in state/local government, transportation, and private sectors.

Key Details

• Acquirer: Atkinsrealis Group Inc.
• Target: C2AE Inc.
• Target Headquarters: Lansing, Michigan
• Target History: Founded in 1966
• Target Workforce: Approximately 120 professionals
• Target Locations: Eight locations across Michigan and upstate New York
• Target Services: Architecture, civil, structural, mechanical, and electrical engineering services
• Target End Markets: Water, transportation, and buildings and places
• Target Client Base: State and local governments, transportation agencies, and private-sector organizations
• Strategic Rationale: Accelerating U.S. growth, complementing the U.S. Upper Midwest footprint, building technical solutions/capabilities, and expanding presence in key growth end-markets such as water.
• Relationship History: Atkinsrealis and C2AE had already collaborated successfully on several projects prior to the acquisition.

Notable Quotes

• Ian L. Edwards, President and CEO of Atkinsrealis: "We are delighted to welcome C2AE to Atkinsrealis... This acquisition strengthens our presence in the Upper Midwest, expands our capabilities in key growth end-markets such as water, and aligns with our U.S. land and expand strategy."
• Bill Kimble, President of C2AE: "This agreement sets the stage for immediate collaboration and long-term growth. Together, we can take on more complex projects, broaden our impact in the communities we are so proud to serve, and create new opportunities for our valued employees."
• Steve Morriss, President, United States, Latin America, and minerals and metals of Atkinsrealis: "This acquisition is rooted in mutual respect, a shared people-first culture and a joint commitment to delivering world-class services to the Upper Midwest."