M&A Deal Summary

Bird Construction Acquires Norcan

On January 18, 2024, Bird Construction acquired business services company Norcan for 11M USD

Acquisition Highlights
  • This is Bird Construction’s 1st transaction in the Business Services sector.
  • This is Bird Construction’s 2nd largest (disclosed) transaction.
  • This is Bird Construction’s 3rd transaction in Canada.
  • This is Bird Construction’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2024-01-18
Target Norcan
Sector Business Services
Buyer(s) Bird Construction
Deal Type Add-on Acquisition
Deal Value 11M USD

Target

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.

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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 3 of 4
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (Alberta) 2 of 2
Country (Canada) 3 of 4
Year (2024) 1 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-17 Nason Contracting Group

St. Albert, Alberta, Canada

Nason Contracting Group Ltd. is a construction of water and wastewater facilities in western Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-10 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.

Buy $135M
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