Opportunity to acquire a leading agricultural welding and millwright contractor with operations throughout Western Canada. This business has unique access to remote grain elevator locations in Manitoba, Alberta, and Saskatchewan and a history of excellent service provision, making them the preferred mid-market contractor for many multinational agriculture players with elevators in the region.
The company faces little-to-no direct competition and has built a roster of recurring clients, allowing them to command premium service fees. The company often finds itself vetting potential clients instead of bidding for projects, as many other contractors do.
The business owns a single warehouse and a lean fleet of trucks and trailers. The company’s operations are not reliant on the location of the warehouse, and the company can be moved without impacting operations.
This acquisition opportunity is ideal for a complimentary welding and/or millwright business interested in geographic expansion to Western Canada, access to and expertise in operating in remote locations and moving up/down the market to capture premium pricing.
Market offers for the business will be reviewed, and a share transaction is to include a normal amount of working capital on a cash-free, debt-free basis. The financials presented below are averages for the past three years.
