ONCAP-backed Englobe acquires Crandall Engineering

Englobe Corp has acquired Crandall Engineering Ltd, a Moncton, New Brunswick-based provider of engineering consulting services in the civil, transportation, mechanical and electrical fields. No financial terms were released for the deal, which closed last month. Englobe, a Québec City-based soil, materials and environmental engineering specialist, said its combination with Crandall makes it a major service provider in Atlantic Canada. Englobe is a portfolio investment of ONCAP, the mid-market private equity arm of Onex Corp. ONCAP invested in 2006 and later partnered in the company’s acquisitions and go-private deal in 2011.

PRESS RELEASE

Englobe Corp. and Crandall Engineering Ltd. are joining forces in Atlantic Canada

February 7, 2018

Englobe is proud to announce the acquisition of Crandall Engineering Ltd. (“Crandall”), an engineering firm headquartered in Moncton, New Brunswick. The transaction was closed on January 19, 2018.

Crandall was founded in 1952. With 115 employees, it provides engineering consulting services in the civil, transportation, mechanical and electrical fields, across the four Atlantic Provinces.

Englobe, by teaming up with Crandall, is becoming a major service provider in Atlantic Canada, with now 5 offices and nearly 200 staff, including a local presence in New Brunswick, Nova Scotia and Newfoundland.

“This partnership is the first step towards our Canadian Growing Plan and we are happy to do it in Atlantic Canada with Crandall. Both companies have developed strong business relationships overtime will now offer their complementary services to each other’s clients in Atlantic Canada.” says Stephen Montminy, Senior Vice President Operations – Professional Services, Englobe.

He added: “We look forward to building our future together and seeing, as we grow, the job and business openings this merger will rapidly create in the region.”

Mike Cormier, former President of Crandall and new Vice President Operations – Atlantic, Englobe, is responsible for both companies’ operations in Atlantic Canada. “Crandall’s team has experienced significant growth in recent years” he says. “With Englobe, we intend to continue on our path, and provide exciting new opportunities to the people and to the communities in Atlantic Canada as well as comprehensive solutions to our clients.”

Both companies will continue to operate under their own name.

About Crandall, a division of Englobe Corp.
Crandall Engineering Ltd. is an employee-owned company founded in 1952 with a team of 115 dedicated people. With a presence in the four Atlantic Provinces through a variety of projects, it provides complete engineering solutions for Municipal, Water/Wastewater, Transportation, Land Development, Building Mechanical and Electrical services. Crandall has taken pride in its ability to consistently complete jobs to project specifications on time and on budget. We regard each project as a partnership with our client. For more information please visit http://crandallengineering.ca/

Source: Englobe Corp

Photo courtesy of Crandall Engineering Ltd