Melbourne based GTA operates a traffic engineering business and Stantec is a professional services company in the design and consulting industry.

The deal was led by M&A Partners Michael Bishop and Aaron Zoanetti, with Senior Associate Ben Drysdale assisting. Our team worked closely with corporate advisors PwC and accountants ShineWing.

We congratulate GTA's shareholders on the completion of the deal.

The deal wraps up an active 12 months for our M&A team in the regulated / listed company transaction space. Other regulated transactions we have successfully completed include:

  • Advising Tesserent Limited (ASX: TNT) on its acquisition of:
    • the Pure Security & Nth Consulting businesses from Future First Technologies Limited (ASX: FFT)
    • revenue rights from UK firewall-wholesaler RedScan
  • Advising the shareholders of Vocam Pty Ltd on the acquisition of Vocam by Elmo Software Limited (ASX: ELMO) – led by Tony Pointon

Our team has also advised on significant private M&A transactions within our mid-market transaction specialty (deals valued between $10 million and $100 million).

With M&A activity picking up in 2021, our team look forward to advising clients on further successful transactions.