CIMA+ acquires Lakeland Consulting
AI Article Summary
CIMA+, a firm based in Montreal, has acquired Oakville-based Lakeland Consulting, expanding its commercial management services in the construction industry. The acquisition aims to enhance CIMA+'s support for clients in risk management and project execution across Canada. This integration represents a strategic growth step in Ontario, as CIMA+ will enhance its procurement, strategic advising, and project management capabilities. The transaction became effective on November 1.
What This Means for Canadian Contractors
This acquisition shows how strategic partnerships can enhance service offerings in the construction industry, benefiting both organizations and their clients. For Canadian builders, this means improved risk management and project execution support, especially in Ontario, potentially impacting timelines and reducing overall project risks. It highlights the importance of expanding consulting services for project success.