M&A Deal Summary

ENTREC Acquires HighMark Crane

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2016-05-11
Target HighMark Crane
Sector Transportation
Buyer(s) ENTREC
Deal Type Add-on Acquisition
Deal Value 6M USD

Target

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

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ENTREC

Acheson, Alberta, Canada
Category Company
Founded 1995
Sector Transportation
Employees500
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, Canada.

DEAL STATS #
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
Mergr

Product

Company

Legal