AIP-backed Brock Group acquires Chinook Scaffold Systems

Chinook Scaffold Systems is a Nanaimo, British Columbia-based provider of scaffolding and insulation systems serving oil and gas, smelters, mining, dams and pulp and paper customers.

  • Brock provides soft-craft services of scaffolding, insulation, paint and asbestos abatement to industrial, oil and gas, power generation, petrochemical and nuclear markets
  • AIP, a US private equity firm, acquired Brock in 2017

Brock Group, owned by American Industrial Partners, has acquired Chinook Scaffold Systems, a Nanaimo, British Columbia-based provider of scaffolding and insulation systems serving oil and gas, smelters, mining, dams and pulp and paper customers in Western Canada. No financial terms were disclosed.

Houston-based Brock, acquired by AIP in 2017, provides soft-craft services of scaffolding, insulation, paint and asbestos abatement to industrial, oil and gas, power generation, petrochemical and nuclear markets across the United States and Canada. The business has continued to grow its footprint by adding additional market segments, including in the food & beverage, pharmaceutical, and municipality industries

Randall Swift, a partner at AIP, said in a statement, “The combined entities create a powerful business that will have the scale, expertise, and a strong balance sheet with which to serve a diverse customer portfolio.”

AIP, a US private equity firm, makes control investments in industrial businesses serving domestic and global markets. It has approximately $10 billion of assets under management.

Torys acted as legal advisor to Brock, while Capital West Partners acted as financial advisors for Chinook.