Telecon has acquired Cam-Tel Line Locating
December 2018 — Telecon Inc. has acquired Cam-Tel Line Locating Ltd. This acquisition is highly complementary to Telecon’s existing operations in Western Canada.
Founded in 1967, Telecon is Canada’s leading telecommunication network services provider. The company leverages its national presence, 3,250 employees, client relationships and 50-year history to offer industry-leading design, locating, infrastructure and connectivity solutions to telecommunication companies and corporate clients nationwide. Headquartered in Montreal, the firm is backed by Clearspring Capital Partners, Caisse de dépôt et placement du Québec and Desjardins Enterprises.
With approximately 150 employees, Cam-Tel has provided Western Canada’s telecom and infrastructure owners with safe, efficient and cost-effective locating services since 1995. The company is an active member of the Alberta Common Ground Alliance and is actively involved in the development and improvement of the damage prevention industry. It completes over 100,000 Alberta One Call locate requests annually.
Our role in the transaction
Oaklins’ team in Canada initiated the transaction and acted as the exclusive financial advisor to Telecon.
Contacter l'équipe de la transaction
Transactions connexes
The minority shareholders of JJ Tomé have sold their stake to Eiffage
The minority shareholders of JOÃO JACINTO TOMÉ, S.A. (JJ Tomé) have sold their remaining stake to Eiffage Énergie Systèmes, which was already the majority shareholder, giving the French group full ownership of the Portuguese business.
En apprendre plusKran og Industri Service has entered Denmark through the acquisition of Hytek
Kran og Industri Service (KIS), a leading provider of crane, lifting equipment and industrial service solutions, has acquired Hytek AS, a Danish specialist in hydraulic and mechanical services.
En apprendre plusGrupo LTN has entered into a strategic joint venture with Kingspan Group
Grupo LTN has entered into a strategic joint venture with Kingspan Group plc, a global leader in sustainable building solutions and high-performance insulation. The partnership between the Mendoza-based industrial group and the European multinational aims to strengthen Grupo LTN’s regional leadership and accelerate the adoption of dry construction and energy-efficient building solutions across Argentina and South America. It combines Grupo LTN’s regional expertise and industrial capabilities with Kingspan’s global technology, innovation and scale to support the company’s next phase of growth in South America.
En apprendre plus