Canadian engineering firm Stantec plans to acquire WilsonMiller, a Naples-based engineering firm that has had a hand in major developments on the Gulf Coast for decades. Terms were not disclosed.
With more than 265 employees and 10 offices spread throughout Florida, WilsonMiller has been doing business along the Gulf Coast for more than five decades. Its notable projects include the Florida Keys Overseas Heritage Trail, which extends from Key Largo to Key West, as well as the redevelopment of Tampa's Channelside District.
“Throughout our history, we have proactively adapted to meet the changing needs of our clients and communities. Joining with Stantec is the next step for us,” said WilsonMiller CEO Alan Reynolds. “We have gone through a significant period of change over the past decade.”
Reynolds will remain with the company after the sale is completed.
Stantec CEO Bob Gomes said his Canada-based company viewed the purchase as a growth opportunity. “We believe that WilsonMiller will be a catalyst for the future growth of Stantec in Florida, which despite the current difficult economic climate, still remains one of the largest markets in the country,” he said.
Stantec generated $371.6 million in gross revenues in the first quarter of 2010.