M&A Deal Summary

Bird Construction Acquires Jacob Bros

On June 10, 2024, Bird Construction acquired construction company Jacob Bros for 135M USD

Acquisition Highlights
  • This is Bird Construction’s 3rd transaction in the Construction sector.
  • This is Bird Construction’s largest (disclosed) transaction.
  • This is Bird Construction’s 4th transaction in Canada.
  • This is Bird Construction’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2024-06-10
Target Jacob Bros
Sector Construction
Buyer(s) Bird Construction
Deal Type Add-on Acquisition
Deal Value 135M USD

Target

Jacob Bros

Surrey, British Columbia, Canada
Jacob Bros is a privately-owned civil infrastructure construction business with self-perform capability, serving public and private clients across the region. The company specializes in civil infrastructure construction across a wide array of projects, such as airports, seaports, rail, bridges and structures, earthworks, energy projects, and utilities. Jacob Bros is based in Surrey, British Columbia.

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Buyer(S) 1

Buyer

Bird Construction

Mississauga, Ontario, Canada

Category Company
Founded 1920
Sector Construction
Employees5,000
Revenue 2.8B CAD (2023)
DESCRIPTION

Bird Construction is a construction and maintenance company operating from coast to coast to coast. Servicing all of Canada's major markets through a collaborative, safety-first approach, Bird provides a comprehensive range of construction services, self-perform capabilities, and innovative solutions to the industrial, buildings, and infrastructure markets. Bird Construction was founded in 1920 and is headquartered in Mississauga, Canada.


DEAL STATS #
Overall 4 of 4
Sector (Construction) 3 of 3
Type (Add-on Acquisition) 4 of 4
State (British Columbia) 1 of 1
Country (Canada) 4 of 4
Year (2024) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-18 Norcan

Fort McMurray, Alberta, Canada

NorCan is an electrical and instrumentation contractor that provides maintenance turnaround and sustaining capital services in the Regional Municipality of Wood Buffalo in Alberta. NorCan was formed in 2018 and is based in Fort McMurray, Alberta.

Buy $11M