Target: Alegro Projects and Fabrication Ltd
Transaction Type: Buy-side Advisory
Industries: Engineering, Procurement, and Construction
Geography: Alberta, Canada

Situation

Seale & Associates was retained by Kentz Corporation to develop a universe of potential acquisition targets with structural, mechanical, and piping (SMP) capabilities based in Canada, confidentially pre-qualify targets, and assist in the execution of the acquisition and diligence. Kentz was looking to increase their multi-discipline fabrication and construction services in Canada by adding SMP fabrication, along with site construction capabilities, to Kentz’s existing in-country electrical, instrumentation and telecommunication expertise.

Seale & Associates’ Approach

Seale professionals identified a universe of potential targets from a range of sources including industry certifications, tradeshows, and proprietary databases. Based on management’s strategic acquisition criteria, Seale screened the broad universe of thousands of firms and identified a select group of targets to confidentially pre-qualify in order to confirm strategic fit, and gather intelligence on the size and capabilities of the targets. Seale reviewed the pre-qualification market intelligence with Kentz and prioritized an acquisition pipeline to execute.

Outcome

The process resulted in the acquisition of Alegro Projects and Fabrication Ltd, an organization offering fabrication and construction services to the industrial sector in Western Canada. Alegro completes a range of significant facilities projects in Alberta, for clients in a variety of sectors; in particular oil and gas.