Oakville Enterprises Corporation (“OEC”) has completed the acquisition of construction firm Trans Power Utility Contractors Inc., a best-in-class provider of electrical and associated utility distribution infrastructure construction services. The acquisition provides OEC with enhanced design-build capabilities as the group expands its position in the infrastructure and energy services industry.
Founded in 1990, Trans Power is one of the largest utility distribution construction firms in Ontario, specializing in the installation of underground and overhead high voltage cables, transformers, switchgears, lighting traffic signals and telecommunication. Trans Power’s key services are comprised of construction, project management and capital works, as well as engineering and design-build project delivery. Trans Power serves a full spectrum of customers across both new construction and repair, as well as rehabilitation projects within the electrical and gas distribution, and telecommunications end-markets.
CCC Investment Banking acted as exclusive financial advisor to Trans Power Utility Contractors Inc.