M&A Deal Summary

MYR Group Acquires Western Pacific Enterprises GP

On October 31, 2016, MYR Group acquired construction company Western Pacific Enterprises GP for 16M CAD

Acquisition Highlights
  • This is MYR Group’s 2nd transaction in the Construction sector.
  • This is MYR Group’s largest (disclosed) transaction.
  • This is MYR Group’s 1st transaction in Canada.
  • This is MYR Group’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2016-10-31
Target Western Pacific Enterprises GP
Sector Construction
Buyer(s) MYR Group
Deal Type Add-on Acquisition
Deal Value 16M CAD

Target

Western Pacific Enterprises GP

Coquitlam, British Columbia, Canada
Western Pacific Enterprises GP is an electrical contractors, providing commercial, industrial, and utility construction and maintenance services throughout western Canada.

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Buyer(S) 1

Buyer

MYR Group

Thornton, Colorado, United States
Category Company
Founded 1891
Sector Engineering
Employees9,000
Revenue 3.6B USD (2023)
DESCRIPTION

MYR Group is a specialty contractor serving the electrical infrastructure market and has the experience and expertise to complete electrical installations of any type and size. MYR Group's comprehensive services on electric transmission and distribution networks and substation facilities include design, engineering, procurement, construction, upgrade, maintenance and repair services. MYR Group was founded in 1891 and is based in Thornton, Colorado.

DEAL STATS #
Overall 2 of 4
Sector (Construction) 2 of 4
Type (Add-on Acquisition) 1 of 3
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-13 E.S. Boulos Company

Westbrook, Maine, United States

E.S. Boulos Company, Inc. is a provider of construction capabilities for the electric utility sector, including substation, transmission and distribution construction.

Buy $11M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-03 The Huen Companies

Broadview, Illinois, United States

The Huen Companies is an electrical construction firm comprises of Huen Electric, Inc., Huen Electric New Jersey Inc. and Huen New York, Inc. The Huen Companies also provides preconstruction services, prefabrication, telecommunications, design-build/design-assist and integrated project delivery methodologies.

Buy -
Mergr

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