Sequeira Partners acted as exclusive financial advisor to Iron Brothers Ltd. (“Iron Brothers”) in its sale to SITE Energy Services Ltd. (“SITE”). The transaction closed in December 2015:
Description of Transaction
Sequeira Partners was engaged to assist the Shareholders of Iron Brothers in its sale to SITE. The Sequeira team assisted Iron Brothers through a targeted sale process including initial valuation, preliminary negotiations, pricing, due diligence, and negotiation of final transaction terms. The transaction allowed the shareholders to monetize their investment in the business.
Located in Nisku, Iron Brothers is one of Western Canada’s leading turnkey solutions provider of screw piling foundations; handling customers’ needs from engineering, manufacturing, project management, and ultimately installation. Since its founding in 2006, the Company has worked with some of Canada’s most reputable companies in a broad range of industries including construction, infrastructure, agriculture, utilities, and oil and gas.
Based out of Sherwood Park, SITE provides fully-integrated environmental, infrastructure, and access contracting services for energy and resource development companies. SITE has grown substantially over the past decade by partnering with SCF Partners, a Houston based private equity firm, and well-established service providers in Western Canada and the United States.