Lexington-based transportation consulting firm ENTRAN is being acquired by global design company Stantec. Financial terms of the deal, which is expected to close in October, were not disclosed. ENTRAN has 115 employees with offices in Kentucky, Illinois, Ohio, Tennessee and West Virginia. Its ongoing design projects include the double crossover diamond interchange on Harrodsburg Road.
"Stantec provides us with the geographic reach and resources we need to continue our expansion and compete for surface transportation and aviation projects of greater size and complexity," said ENTRAN CEO J. David Sigler in a statement.
For Stantec, the deal expands its services in the region. "The addition of ENTRAN will augment Stantec's transportation practice in the U.S. Southeast and Midwest and expands our aviation services into new markets," said Scott Murray, senior vice president of Stantec's U.S. East operations. Stantec, which specializes in planning and engineering consulting services, has 200 employees in Lexington and Louisville and 11,000 worldwide.