Add-on Acquisition • Information Technology

DeSimone Acquires Dowco

On January 17, 2023, DeSimone acquired information technology company Dowco

Acquisition Context

This is DeSimone’s 1st transaction in the Information Technology sector.
This is DeSimone’s 1st transaction in Canada.
This is DeSimone’s 1st transaction in British Columbia.

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M&A Deal Summary
Date	January 17, 2023
Target	Dowco
Sector	Information Technology
Buyer(s)	DeSimone
Deal Type	Add-on Acquisition
Advisor(s)	Madison Street Capital (Financial)

Target Company

Dowco

Surrey, British Columbia, Canada

Dowco Group of Companies is a service company specializing in 3D modelling, Steel Detailing, and BIM Services. Size, global reach, adoption of edge technology, software. Dowco was formed in 1970 and is based in Surrey, British Columbia.

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Buyer Overview 1

Buyer

DeSimone

New York, New York, United States

Category	Company
Founded	1969
Sector	Engineering

DESCRIPTION

DeSimone provides leading structural engineering, façade consulting, and forensic, and construction consulting services for all types of buildings. DeSimone was founded in 1969 and is based in New York City.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
State: British Columbia	1 of 1
Country: Canada	1 of 1
Year: 2023	1 of 1

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