Add-on Acquisition • Transportation

ENTREC Acquires HighMark Crane

On May 11, 2016, ENTREC acquired transportation company HighMark Crane for 6M USD

Acquisition Context

This is ENTREC’s 1st transaction in the Transportation sector.
This is ENTREC’s largest (disclosed) transaction.
This is ENTREC’s 1st transaction in Canada.
This is ENTREC’s 1st transaction in Alberta.

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M&A Deal Summary
Date	May 11, 2016
Target	HighMark Crane
Sector	Transportation
Buyer(s)	ENTREC
Deal Type	Add-on Acquisition
Deal Value	6M USD

Target Company

HighMark Crane

Edmonton, Alberta, Canada

HighMark specializes in providing crane rental and operator services and industrial equipment transportation services to customers in the power transmission, mining, and commercial construction industries across Canada. The company possesses a modern equipment fleet that includes nine boom trucks specifically designed to service the power transmission industry as well as several cranes, trucks, trailers and other support equipment

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Buyer Overview 1

Buyer

ENTREC

Acheson, Alberta, Canada

Category	Company
Founded	1995
Sector	Transportation
Employees	500
Revenue	180M CAD (2019)

DESCRIPTION

ENTREC delivers safe, exceptional, innovative crane and specialized transportation solutions. Company routinely work with over-weight and over-size cargo within the oilsands, Liquefied Natural Gas (“LNG”), conventional oil and gas, mining, petrochemical, pulp and paper, infrastructure, refining, and power generation industries. ENTREC was founded in 1995 and is based in Acheson, Alberta.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Transportation	1 of 1
Type: Add-on Acquisition	1 of 1
State: Alberta	1 of 1
Country: Canada	1 of 1
Year: 2016	1 of 1
Size (of disclosed)	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2019-12-12	ENTREC - Crane Business Alberta, Canada ENTREC's Crane Business provides a full spectrum of crane and heavy haul transportation services.	Sell	$21M

DATE

TARGET

DEAL TYPE

VALUE

2019-12-12

ENTREC - Crane Business

Alberta, Canada

ENTREC's Crane Business provides a full spectrum of crane and heavy haul transportation services.

Sell

$21M

Explore Related M&A Activity

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