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  6. Strike Group Acquires Jedco Energy Services

M&A Deal Summary

Strike Group Acquires Jedco Energy Services

On November 22, 2019, Strike Group acquired energy services and equipment company Jedco Energy Services

Acquisition Highlights
  • This is Strike Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is Strike Group’s 1st transaction in Canada.
  • This is Strike Group’s 1st transaction in Alberta.

M&A Deal Summary
Date 2019-11-22
Target Jedco Energy Services
Sector Energy Services and Equipment
Buyer(s) Strike Group
Deal Type Add-on Acquisition

Target

Jedco Energy Services

Red Deer County, Alberta, Canada
Jedco Energy Services Corp. is a single source provider of pipeline maintenance services, construction, engineering and procurement in the Canadian Oil and Gas industry. Jedco is identified throughout the industry for delivering efficient and quality work, performed in a safe manner, on time and on budget. Jedco is committed to providing and maintaining a safe work environment by following recognized industry best practices.

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Buyer(S) 1

Buyer

Strike Group

Calgary, Alberta, Canada
Category Company
Founded 2004
Sector Utilities
Employees700
DESCRIPTION

Strike Group is an energy service and construction company focused on servicing energy, transmission and distribution, pipeline and industrial sectors throughout Western Canada. Strike Group provides project construction, fabrication, pipeline, and facility construction, plant and production facility maintenance and turnarounds, module assembly and installation, and electrical and instrumentation services. Strike Group was formed in 2004 and is based in Calgary, Alberta.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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