Western Canada M&A Weekly
Exchange Income Corp. (TSX:EIC) announced the $30MM acquisition of Sherwood Park based TerraPro Inc., a manufacturer and provider of integrated access-matting services, as well as a provider of civil construction and environmental services.
Waukegan, IL based UCC Environmental announced the acquisition of Edmonton based Cast Steel Products, a manufacturer and supplier of engineered cast, forged, and fabricated wear, abrasion, and heat-resistant products. Cast Steel Products has locations in Edmonton, Montreal and St. Petersburg, FL.
Toronto based Volaris Group (subsidiary of Constellation Software Inc.) announced the acquisition of Vancouver based LoginRadius Global, a provider of enterprise-level customer identity and access management solutions.
Acheson based Prairie North Construction Ltd., Edmonton based BTO Contracting Ltd., Edmonton based Eng-Con Holdings Ltd., and Edmonton based Ventura Power and Gas Ltd. announced a merger to form Theoden Infrastructure, a construction company specializing in heavy civil, utilities, earthworks, energy, and drones & robotics.
Surrey based Westland Insurance announced the acquisition of Kamloops based Interior Savings Insurance Services Inc., a personal and commercial insurance solutions provider with 13 locations across the Thompson, Okanagan and Similkameen regions in BC.
Montreal based Westcliff Management Ltd. announced the acquisition of Edmonton based Kingsway Mall, a 880,049 sq ft regional mall with over 160 retail stores from Oxford Properties.
An undisclosed Alberta based acquirer announced the $15MM acquisition of Vancouver based Christina Lake Cannabis, a licensed producer of cannabis with a standard cultivation license and R&D license operating out of a 32-acre property.
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