Hangingstone Ventures has been acquired by Infracon Construction
The shareholders of Hangingstone Ventures Ltd. (HSV) have sold the company to Infracon Construction Inc.
HSV is a hydro-vac and air-vac service company operating in western Canada with locations in Alberta and British Columbia, efficiently mobilizing crews and equipment to its clients’ work sites. HSV provides single-axle and tri-axle hydro-vac services and air excavation technology to a wide range of clients in the infrastructure, pipeline, utility and oil and gas industries.
Based in British Columbia, Infracon is a group of specialty construction companies involved in the heavy civil, pipeline, welding and construction materials business in western Canada. It is one of the fastest growing construction groups in the country, with a year-over-year average revenue growth of over 65%. The group has grown from revenues of under US$30 million in 2018 to over US$180 million in 2022.
Oaklins’ team in Canada acted as the sole sell-side financial advisor in this transaction.
Greg MacMillan
Founder and Owner, Hangingstone Ventures Ltd.
Sprechen Sie mit dem Deal-Team
Transaktionen
STAC has been acquired by n2 Group
Strategic Technology Analysis Center (STAC), a world leader in financial-technology benchmarking and events, has been acquired by n2 Group, the UK specialists in advanced computation and IT infrastructure.
STAC joins NAG and VSNi in the growing community of n2 Group companies dedicated to advancing computation through collective innovation, technical excellence and long-term strategic growth. STAC will operate as an independent business within n2, maintaining its brand, identity and ethos.
Tri Fire Limited has been acquired by Phenna Group
The shareholders of fire protection safety consultancy Tri Fire Limited have sold the company to testing, inspection, certification and compliance firm Phenna Group.
Mehr erfahrenPears welcomes Timing as new shareholder to support growth plans
The shareholders of Pears, a Netherlands-based provider of staffing services in the education and care sectors, welcome Timing, a Netherlands-based employment agency, as a new shareholder to support the company’s growth plans.
Mehr erfahren