AtkinsRéalis has acquired the remaining equity interest in David Evans Enterprises, Inc. for about US$130m in cash, making the US engineering consultancy a wholly owned subsidiary, the Montreal-based group said on 3 November 2026.
Why AtkinsRéalis Group Inc. is buying David Evans Enterprises, Inc. (remaining 30% interest)
AtkinsRéalis said the two businesses' complementary geographic reach and engineering capabilities already support large infrastructure programmes, and that full ownership would accelerate integration and let it offer its full range of capabilities to clients across transportation, water, power and other infrastructure markets in the US.
“Acquiring the remaining ownership interest is a natural next step”
Deal terms and financing
AtkinsRéalis paid about US$130m in cash for the stake it did not already own. David Evans will continue to operate under its current brand and management structure.
Market context
AtkinsRéalis agreed in February 2025 to buy 70% of David Evans for about US$300m with a path to full ownership, and completed that purchase in April 2025. David Evans has offices in the western US, Mississippi, New York and Texas and is ranked among ENR's Top 100 Pure Design Firms; its staffing subsidiaries provide staff augmentation and placement.
