Add-on Acquisition • Business Services

Great Northern Insulation Acquires Advanced Insulation

On September 1, 2023, Great Northern Insulation acquired business services company Advanced Insulation

Acquisition Context
  • This is Great Northern Insulation’s 3rd transaction in the Business Services sector.
  • This is Great Northern Insulation’s 3rd transaction in Canada.
  • This is Great Northern Insulation’s 1st transaction in Manitoba.

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M&A Deal Summary

Date September 1, 2023
Target Advanced Insulation
Sector Business Services
Buyer(s) Great Northern Insulation
Deal Type Add-on Acquisition

Target Company

Advanced Insulation

Winnipeg, Manitoba, Canada
Advanced Insulation is a provider of insulation services focused on the new-home construction and retrofit markets in the Winnipeg region. Advanced Insulation is based in Winnipeg, Manitoba.
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Buyer Overview 1

Buyer

Great Northern Insulation

Woodstock, Ontario, Canada

Category Company
Founded 1980
Sector Construction
DESCRIPTION

Great Northern Insulation is a provider of insulation services in the residential, commercial, industrial, and agricultural sectors. GNI has a complete building offering that includes insulation, air sealing, fireproofing, panel and cladding, building diagnostics, and thermography. GNI was founded in 1980 and is based in Woodstock, Ontario.


Deal Context for Buyer #
Overall 3 of 4
Sector: Business Services 3 of 4
Type: Add-on Acquisition 3 of 4
State: Manitoba 1 of 1
Country: Canada 3 of 3
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-04 Isolation Majeau et frère

Saint-Esprit, Quebec, Canada

Isolation Majeau et frère is an insulation provider for Montreal and the surrounding area. Isolation Majeau et frère is based in Saint-Esprit, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-01 McPherson Products

St Cloud, Minnesota, United States

McPherson is a provider of insulation services for St. Cloud and the surrounding lake region. The company's services include spray foam insulation, blown-in wall insulation, attic insulation, seamless gutters, waterproofing, custom closet design, and melamine wire shelving. McPherson is based in St Cloud, Minnesota.

Buy -