Stantec, Inc. (STN) to Acquire Tkalcic Bengert

October 19, 2016 6:46 AM EDT

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Stantec (NYSE: STN) has signed a letter of intent to acquire Edmonton, Alberta-based Architecture Tkalcic Bengert (Arch/TB), a 60-person design studio that fuses expertise in architecture, interior design, creative services, urban planning, and technical consulting.

Arch/TB's diversified portfolio is well-aligned with recent commitments to public spending. Arch/TB facilities include cultural, community, sport and recreational, educational, retail, commercial, and multifamily residential with an emphasis on seniors' care.

"Arch/TB is a well-diversified practice that will play a significant role in enhancing and supporting our buildings practice throughout our Canada Prairies and Territories geography," says Bob Gomes, Stantec's president and CEO. "The addition of Arch/TB's design experts more than doubles the number of local architectural staff in Edmonton, creating a diverse center of design excellence."

From sports and recreation facilities planning and design to commercial urban village development, Arch/TB's architecture and interior design experience in Alberta is reflected in several high-profile building projects:

-- The architecturally stunning, state-of-the-art curved design (as a
subconsultant to 360 Architects, now HOK) of the multipurpose Rogers
Place Arena features amazing natural light, the largest high-definition
scoreboard in any NHL arena, an iconic 2,322-square-metre (25,000-
square-foot) atrium entrance known as Ford Hall, and links to the
downtown Ice District's entertainment area.

-- The $52 million expansion and renovation of Edmonton's Winspear Centre
integrates immersive arts experiences with practical commercial uses to
increase community impact and engagement.

-- The Philip J. Currie Dinosaur Museum in Wembley, Alberta - one of the
world's foremost museums of paleontology - was designed in association
with Teeple Architects, to capitalize on the topographical changes of
the site's nearby dinosaur bone bed, making the inside visible from the

-- The $55-million retrofit for the Stanley A. Milner Library, in
conjunction with Teeple Architects, includes an innovative and
sustainable design of a new building facade, envelope renewal, and
necessary facility upgrades for the City of Edmonton's main library, and
introduces a fresh face to a structure with a vital civic role in the
Edmonton Downtown Arts District.

-- The new LEED-NC Silver, 1393-square-metre (15,000 square-foot) Ellerslie
Fire Station, is one of four fire halls Arch/TB, in collaboration with
Johnston Davidson Architecture + Planning, designed for the City of
Edmonton and the Edmonton Fire Rescue Department. The station is built
on a triangular site that incorporates an apron design for easy
emergency vehicle access, integrates sustainable materials, and creates
a public green space.

"We're immensely proud of the contributions our designs have made to Edmonton and the surrounding area. Stantec's community values align with ours, making this an exciting step forward for us," says Brian Bengert, principal with Arch/TB. "Joining Stantec now gives our people opportunities to pursue diverse, large-scale projects not just in Edmonton, but throughout Western Canada, and beyond."

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