M&A Deal Summary

Aecon Acquires Bodell Construction

On August 7, 2025, Aecon acquired construction company Bodell Construction

Acquisition Highlights
  • This is Aecon’s 7th transaction in the Construction sector.
  • This is Aecon’s 3rd transaction in the United States.
  • This is Aecon’s 1st transaction in Utah.

M&A Deal Summary

Date 2025-08-07
Target Bodell Construction
Sector Construction
Buyer(s) Aecon
Deal Type Add-on Acquisition

Target

Bodell Construction

Salt Lake City, Utah, United States
Bodell Construction specializes in executing projects for the oil and gas, mining, water and wastewater, power generation, and commercial and institutional industrial sectors. Bodell Construction was founded in 1972 and is based in Salt Lake City, Utah.

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Buyer(S) 1

Buyer

Aecon

Toronto, Ontario, Canada

Category Company
Founded 1867
Sector Construction
Employees9,427
Revenue 4.2B CAD (2024)
DESCRIPTION

Aecon is a construction and infrastructure development providing integrated turnkey services to private and public sector clients. Aecon was incorporated in 1867 and is based in Toronto, Ontario.


DEAL STATS #
Overall 9 of 10
Sector: Construction M&A 7 of 7
Type: Add-on Acquisition M&A Deals 8 of 9
State: Utah M&A 1 of 1
Country: United States M&A 3 of 4
Year: 2025 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-02 Ainsworth

Toronto, Ontario, Canada

Ainsworth provides a broad range of technical services including mechanical maintenance, HVACR, electrical, cabling for data transport, and high voltage services for commercial, industrial, institutional, government, and residential building clients across Canada. Ainsworth was formed in 1933 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-18 Trinity Industrial Services

Beaumont, Texas, United States

Trinity Industrial Services is a privately owned company that provides multidisciplinary services supporting maintenance, capital projects, turnarounds, and fabrication. Trinity Industrial Services was founded in 2008 and is based in Beaumont, Texas.

Buy -