Return to search

Consolidated Utility Buys Red-Alta

Consolidated Utility Services Inc., an Omaha, Neb.-based portfolio company of Tricor Pacific Capital, has acquired Red-Alta Utility Location Ltd., an Alberta-based provider of underground utility locating services to Canadian oilfield, telecom and power facility customers. No financial terms were disclosed. Madison Capital Funding provided senior financing, while Manufacturers Life Insurance Co. provided subordinated notes.