ONCAP-backed Englobe joins forces with DST Group
Englobe Corp has acquired DST Group Inc, an Ottawa-based consulting engineering business. No financial terms were released. Established in 1956, DST’s service capability covers environmental, geotechnical, blast and demolition engineering, and consulting projects. Englobe, a Québec City-based soil, materials and environmental engineering company, said the acquisition will help consolidate its presence in Ontario and Western Canada. Englobe is backed by ONCAP, the mid-market arm of Canadian private equity firm Onex Corp. ONCAP invested in 2006 and later partnered in the company’s acquisitions and go-private deal in 2011.
11 December 2018•3 mins read
