IB I G Ro U P C Om P a N Y B a C K G Ro U N D
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IBI Group Company Backgrounder DEFINING THE CITIES OF TOMORROW IBI Group At IBI, we apply human-centred design SERVICES ARCHITECTURAL CONTROLS and technology to create the resilient, ARCHITECTURE DESIGN TECHNOLOGY connected, smart cities of tomorrow. BRIDGE ENGINEERING BROWNFIELD DEVELOPMENT We are a globally integrated design and technology CIVIL ENGINEERING firm. We plan, design, build, and sustain the cities DATA ANALYTICS of tomorrow alongside local communities across six DEVELOPMENT ENGINEERING ECONOMIC / FINANCIAL ANALYSIS continents. With 60+ offices across Canada, the U.S., ELECTRICAL ENGINEERING the UK, the Middle East, India, and Latin America, and ENGINEERING more than 2,500 employees, we believe communities ENVIRONMENTAL ASSESSMENT GEOMATICS / LAND SURVEYING must be designed with intelligent systems, sustainable HIGHWAY AND ROAD DESIGN buildings, efficient infrastructure, and a human touch. INTERIORS LAND USE PLANNING IBI Group is the largest Canadian architecture firm, LANDSCAPE ARCHITECTURE MASTER PLANNING the sixth largest architecture firm in the world, 1 MECHANICAL ENGINEERING and in the top 50 engineering firms in the U.S.2 MUNICIPAL SERVICES Headquartered in Toronto, our experts collaborate OPERATIONS AND MAINTENANCE PLANNING & URBAN DESIGN on architecture, engineering, planning, systems, and PROJECT / PROGRAMME technology. From high-rises to hospitals, and transit MANAGEMENT systems to schools, we’re shaping the way people live, PUBLIC OUTREACH RESEARCH AND DEVELOPMENT move, learn, and heal in the cities of tomorrow. SOFTWARE DEVELOPMENT SPATIAL INTELLIGENCE In a sector that is undergoing vast changes due to STRATEGIC PLANNING technology, we are uniquely positioned in the industry STRUCTURAL ENGINEERING SUSTAINABILITY & as experts in integrating technology with the built ENVIRONMENTAL MANAGEMENT environment. Technology has been in our DNA since SYSTEMS the founding of IBI Group in 1974, and our technology SYSTEMS ENGINEERING TRAFFIC ENGINEERING products and services offering is growing rapidly. TRANSIT PLANNING To learn more, visit our website: www.ibigroup.com TRANSPORTATION ENGINEERING TRANSPORTATION PLANNING WATER RESOURCES MANAGEMENT DEFINING THE CITIES OF TOMORROW 1. Building Design, “WA 100 2018.” Ranking according to number of employed architects. 2. Engineering News-Record, “ENR 2018 Top 500 Design Firms.” Ranking based on revenue for design services. 1 Our Offices 60+ GLOBAL OFFICES CANADA UNITED STATES UNITED KINGDOM / INTERNATIONAL CALGARY ALBANY IRELAND ABU DHABI EDMONTON ALEXANDRIA BIRMINGHAM ATHENS 2,500 DIFFERENCE-MAKERS FORT MCMURRAY BAKERSFIELD BRIGHTON BANGALORE AND COUNTING HALIFAX BINGHAMTON CARDIFF DUBAI HAMILTON BOSTON DUBLIN HONG KONG KINGSTON CANTON GLASGOW HYDERABAD LONDON CINCINNATI LONDON MEXICO CITY OTTAWA COLUMBUS MANCHESTER MUMBAI RICHMOND HILL HOUSTON NEWARK NEW DELHI TORONTO IRVINE ROCHDALE PUNE TORONTO WEST KNOXVILLE TEL AVIV VANCOUVER LOS ANGELES TRINIDAD WATERLOO NEW LEXINGTON NEW YORK CITY POMPANO BEACH DEFINING THE CITIES OF TOMORROW PORTLAND RALEIGH SALT LAKE CITY SAN DIEGO SAN FRANCISCO SAN JOSE SAN LUIS OBISPO SEATTLE SOUTHFIELD 2 3 Executive Staff & Board of Directors Scott Stewart David Thom Stephen Dale Richmond Michael Lorraine Bell John O. Reid Claudia Chief Executive President Taylor Independent Nobrega Independent Independent Krywiak Officer Director, Chair of the Director Director Chief Financial Independent Independent Board of Directors Officer Director Director EXECUTIVE STAFF BOARD OF DIRECTORS 2017 FINANCIAL HIGHLIGHTS • From 2016 to 2017, IBI Group Inc. revenues increased 2.1% to DEFINING THE CITIES OF TOMORROW $361.4 million • Adjusted EBITDA grew to $40.6 million, which is 11.2% of revenue • Total debt reduced by $14.3 million • Shareholder equity increased by $7.5 million 4 5 History EARLY HISTORY THE BEGINNING OF IBI GROUP FIRM GROWTH IBI Group’s founding partners, In 1974, Beinhaker and others secured the For decades, IBI Group grew steadily with Burnaby Housing Project, the firm’s first projects that warranted new capabilities, architect Phillip Beinhaker and architecture project, but KPM management adding expertise in landscape architecture, transportation engineer Neal Irwin, decided against practicing architecture interior design, structural, mechanical, and their original team, were brought and turned the project down. As a result, and electrical engineering. New offices most of Group III, including the teams led followed the work, and in 1996, IBI Group together in the late 60’s by physicist by Irwin & Beinhaker, left the firm; confident first launched its UK and Ireland transport and co-inventor of Canada’s first in leveraging a simple but impactful and systems business. Around the turn of computer, Josef Kates. model of engineers, architects, and other the century, the company began branching professionals bringing their cross-sector out, adding an even more diversified base Kates had founded Kates, Casciato, Shapiro (KCS) knowledge to a variety of transportation of professional services by acquiring in 1954, a tech start-up that looked to use computers and urban development projects. successful, complementary practices across in new ways, and the Traffic Research Corporation North America and the UK, including more (TRC) in 1960, a subsidiary of KCS that pioneered IBI Group began on transportation engineering, education, and early traffic forecasting software and the world’s first healthcare facilities design firms. computer-controlled traffic signal system. KCS / TRC November 1, 1974 with merged with the accounting arm of Peat, Marwick & 47 employees in Toronto. In 2004, 30 years after its Mitchel & Co. in 1967 to form Kates, Peat, Marwick & Where did the name IBI Group originate? Company (KPM), which later became known as KPMG. conception, IBI Group became Recognizing its two prominent founders, a publicly traded company By 1970, Neil Irwin was directing half of KPM’s the group called themselves Irwin Beinhaker consulting practice, known as Group III (formed out of Incorporated for some time. The name suited in Toronto and is traded as the KCS / TRC merger), and his team was comprised of the firm as it evolved to recognize IBI’s core IBG on the Toronto Stock service offerings: Intelligence, Buildings, and roughly 60 people. Group III’s main areas of practice Exchange (TSX). were transportation, urban planning, and management Infrastructure. Many prestigious projects sciences, and they focused on a combination of followed in IBI’s early years, including the Ten years later, IBI Group’s work expanded operations research, economics, and computer National Transportation Policy Review (later to international markets with the awarding of DEFINING THE CITIES OF TOMORROW simulation / control projects. Phillip Beinhaker had been forming the National Transportation Act), transportation and smart cities projects in a sub-consultant for Josef Kates prior to 1970 working Burnaby Housing, the Calgary LRT, and India and an ever-expanding transportation as a project manager on the Montreal Airport. When Uranium City Housing in Saskatchewan. planning and toll systems practice in Latin KPM’s role on the project wrapped in 1970, Beinhaker These projects kept revenue coming in and America and the Middle East. moved to Toronto to join KPM officially and help expand allowed for the expansion of IBI Group along its architecture and urban development practice. the west coast of Canada. 6 7 NOVEMBER 1, 1974 1978 IBI Group was founded 1977 Lady Minto Hospital marks IBI’s first hospital project in Toronto Uranium City, IBI’s first major housing project in Saskatchewan is completed Major Milestones 1979 EARLY TO MID 1980’S IBI’s first national park project, IBI’s Railway Lands Master Plan the Lake Louise Master Plan, reshapes the Greater Toronto is completed Area (GTA) LATE 1980’S MID TO LATE 1990’S 1997 First Intelligent Transportation The CITRAC Motorway Control First toll system completed for System (ITS) delivery for the System in Glasgow leads to Confederation Bridge in PEI Burlington, ON, Skyway Bridge presence in Scotland Toronto office begins working on the King Liberty Master Plan (Liberty Village) 2000 2004 2006 1998 IBI Group makes first IBI Group becomes IBI Group builds on acquisition Attiki Tolling System in Athens, strategy and expansion of Greece marks the beginning acquisition with Ottawa a publicly traded global practice of IBI’s international tolling practice architecture practice, company, trading Murray & Murray as IBG on the TSX AUGUST 8, 2013 2015 2007 2010 Scott Stewart appointed IBI named co-lead of First traveler information Transmission Operations Crosslinx consortium and systems, Florida and Wisconsin Optimizer, a first-of-its-kind as new CEO, and David begins managing design of 511, go live, launching a new intelligent and hyper-efficient Eglinton Crosstown LRT specialized practice for IBI water transmission system is Thom as President Group across the U.S. developed for first client, Completion of IBI-designed City of Toronto Queen Elizabeth University Hospital & Royal Hospital for Children, the largest critical care complex in Scotland DEFINING THE CITIES OF TOMORROW 2018 2016 2017 Award-winning Bhubaneswar IBI’s LA Civic Center Master Firm launches ‘Smarter Smart City Strategy leads to Plan, a six-phase, first-of-its- Urban Future’ Strategic growth of practice in India kind civic innovation district to transform downtown Los Plan, focused on Angeles, receives city approval technology and a strengthened product 8 offering 2008