UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of October 2022
Commission File Number: 001-32562
STANTEC INC.
(Translation of registrant's name into English)
400-10220 103 Avenue NW
Edmonton, Alberta
Canada T5J 0K4
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F [ ] Form 40-F [ X ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
STANTEC INC. | ||
(Registrant) | ||
Date: October 12, 2022 | /s/ Theresa B. Y. Jang | |
Theresa B. Y. Jang | ||
Executive Vice President and CFO | ||
EXHIBIT INDEX
Exhibit Number | Description | |
99.1 | Press Release dated October 12, 2022 |
EXHIBIT 99.1
Stantec signs letter of intent to acquire Philadelphia-based L2P, deepening Mid-Atlantic architecture expertise
EDMONTON, Alberta and NEW YORK and PHILADELPHIA, Oct. 12, 2022 (GLOBE NEWSWIRE) -- TSX, NYSE: STN
Stantec, a global leader in sustainable architecture, interior design, and engineering, has signed a Letter of Intent to acquire L2P, a 40-person Philadelphia-based architecture, interior design, and planning firm. Founded in 2009, L2P has grown to be a trusted advisor in the science and technology, commercial workplace, higher education, residential, and hospitality markets. The terms of the transaction are not disclosed.
The acquisition will bolster Stantec’s science and technology and commercial workplace offerings in greater Philadelphia and beyond. L2P brings extensive experience in strategic asset planning that supports clients in reaching informed real estate decisions. L2P’s portfolio spans complex laboratories, technology centers, higher education campuses, and high-density residential developments. The team holds a reputation for delivering projects that balance innovative design and sustainability practices with client objectives.
“L2P and Stantec share a common passion for sustainable design that helps create a sense of place and well-being,” said Josh Gould, Senior Vice President, Buildings, at Stantec. “L2P uniquely complements our existing offerings in the Philadelphia market where we are already a recognized leader in healthcare and education design. The additional knowledge and expertise that they bring will allow us to support all of our clients in a more comprehensive manner.”
Notable projects in L2P’s portfolio include
Dovetailing with Stantec’s sustainability goals, L2P has significant capabilities in sustainable design. The team steered design of the first LEED-Existing Buildings: Operation and Maintenance (EBOM) building in Philadelphia’s Center City business district and the first LEED-Commercial Interiors (CI) Gold pilot project in the US, along with multiple Green Globes certified projects.
“Joining a top tier firm like Stantec presents an enormous opportunity for our staff and clients,” said John LaProcido, Managing Principal, at L2P. “Our clients will benefit from a broader geographic footprint and the expanded resources afforded by a global network of experts and services. Similarly, our staff can tap into Stantec’s strengths and connections, both locally and globally, to remain at the leading edge of design technology and innovation. We are inspired by the opportunity available at Stantec for our team to continue to learn, grow, and exceed the needs of our clients.”
L2P joins a team of more than 4,000 people within Stantec’s global Buildings practice. The Philadelphia office is home to over 115 architects, project managers, engineers, and interior design professionals providing services to the healthcare, education, commercial, and public sectors. Stantec is ranked as a top ten architecture firm by Architectural Record and Engineering News-Record.
About Stantec
Communities 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
Ashley Warnock
Stantec Media Relations
Ph: (403) 472-0122
ashley.warnock@stantec.com
Investor Contact
Jess Nieukerk
Stantec Investor Relations
Ph: (587) 579-2086
jess.nieukerk@stantec.com
Design with community in mind
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4454cd4-1ac9-4989-86ab-4a62e88a7517