MONTREAL, Oct. 31, 2017 /PRNewswire/ - SNC-Lavalin
(TSX: SNC) is pleased to announce the acquisitionof Data Transfer
Solutions, Inc. (DTS) for USD $45M.
Completed on October 30th,
2017, the acquisition will add to the capabilities of SNC-Lavalin's
Atkins sector and will enhance service offerings in digital asset
management for clients.
Headquartered in Orlando,
Florida, with 78 employees, DTS is a leader in asset
management and geographic information systems within the North
American market. As the creator of VueWorks, a comprehensive
enterprise asset management software solution, DTS provides
state-of-the-art tools and solutions to clients with large, complex
infrastructure assets. These solutions help to inventory, manage
and optimize physical assets across their life cycle.
The acquisition of DTS is aligned with the SNC-Lavalin's global
digital strategy and recognizes the pace of technological change in
the engineering and construction industry and the need to support
client needs with robust digital solutions.
The strength of DTS is in its people and their ideas. The
business's clients look to it for customized solutions to solve
their unique data challenges. In today's increasingly data-driven
environment, with demands for real-time information at your
fingertips, DTS brings a high level of technical innovation to the
SNC-Lavalin portfolio.
"DTS is an exciting addition to our organization. The
acquisition will add enhanced service offerings in digital asset
management for clients and is in line with the company's stated
strategy of expansion in digital technology to enhance efficiency
of our service delivery to our clients across our core sectors,"
said Neil Bruce, President and Chief
Executive Officer, SNC-Lavalin
"Particularly in asset management, we are eager to support the
advancement of DTS's VueWorks product and state-of-the-art asset
data collection capability," added Heath
Drewett, president of Atkins. "Focused initially on
the public sector and transportation space in North America, we will align our planning and
engineering expertise with DTS's asset management and technology
capability to provide valuable, end-to-end asset management
solutions for our clients."
About SNC-Lavalin
Founded in 1911, SNC-Lavalin is a global fully integrated
professional services and project management company and a major
player in the ownership of infrastructure. From offices around the
world, SNC-Lavalin's employees are proud to build what matters. Our
teams provide comprehensive end-to-end project solutions –
including capital investment, consulting, design, engineering,
construction, sustaining capital and operations and maintenance –
to clients in oil and gas, mining and metallurgy, infrastructure
and power. On July 3, 2017,
SNC-Lavalin acquired Atkins, one of the world's most respected
design, engineering and project management consultancies.
www.snclavalin.com
SOURCE SNC-Lavalin