Stantec Inc. (TSX:STN) signed a letter of intent to acquire CIMARRON Engineering Ltd. on June 28, 2012. Cimarron operates offices in Calgary and Edmonton, which will join Stantec's existing Stantec's oil and gas and power groups in those cities. The deal is expected to close in August 2012. The Environmental Financial Consulting Group, Inc. acted as financial advisor for CIMARRON.

Stantec Inc. (TSX:STN) completed the acquisition of CIMARRON Engineering Ltd. for cash consideration and notes payable on August 24, 2012. The transaction added added approximately 290 staff to Stantec staff.