M&A Deal Summary

GDI Integrated Facility Services Acquires Ainsworth

On June 24, 2015, GDI Integrated Facility Services acquired business services company Ainsworth from CEDA for 21M USD

Acquisition Highlights
  • This is GDI Integrated Facility Services’ 1st transaction in the Business Services sector.
  • This is GDI Integrated Facility Services’ largest (disclosed) transaction.
  • This is GDI Integrated Facility Services’ 1st transaction in Canada.
  • This is GDI Integrated Facility Services’ 1st transaction in Ontario.

M&A Deal Summary
Date 2015-06-24
Target Ainsworth
Sector Business Services
Buyer(s) GDI Integrated Facility Services
Sellers(s) CEDA
Deal Type Divestiture
Deal Value 21M USD

Target

Ainsworth

Toronto, Ontario, Canada
Ainsworth provides a broad range of technical services including mechanical maintenance, HVACR, electrical, cabling for data transport, and high voltage services for commercial, industrial, institutional, government, and residential building clients across Canada. Ainsworth was formed in 1933 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

GDI Integrated Facility Services

Lasalle, Quebec, Canada
Category Company
Founded 1926
Sector Business Services
Employees9,500
DESCRIPTION

GDI Integrated Facility Services is a facility services industry, providing a range of janitorial, industrial, mechanical maintenance, and other services to the commercial real estate industry across Canada and the Northeast US. GDI Integrated Facility Services was founded in 1926 and is based in Lasalle, Quebec.

DEAL STATS #
Overall 1 of 4
Sector (Business Services) 1 of 4
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 2
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-28 ESC Automation

Surrey, British Columbia, Canada

ESC Automation, Inc. is a highly regarded building system integrator in North America with an impressive portfolio of services including the installation and maintenance of building automation systems, security systems, HVAC systems as well as newer technologies including real-time locating systems, building analytics and energy management systems. Headquartered in Vancouver, British Columbia, ESC has 12 locations across North America, more than 750 employees and over 10,000 successful installations for nearly 3,500 customers.

Buy -

Seller(S) 1

SELLER

CEDA

Calgary, Alberta, Canada
Category Company
Founded 1973
Sector Energy Services and Equipment
DESCRIPTION

CEDA is specializes in industrial maintenance, turnaround, and environmental services. The company provides world-class solutions to help clients maximize production, mitigate risk, and avoid costly outages, always with safety top of mind. It operates across North America delivering more than 120 distinct services and products to support oil and gas, pipeline, power, pulp and paper, chemical, mining, and steel industrial facilities. CEDA was formed in 1973 and is based in Calgary, Alberta.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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