Bird Construction Acquires NorCan Electric Inc.

Bird Construction Acquires Jacob Bros Construction for $135 Million

June 10, 2024

Construction

Bird Construction Inc. (TSX: BDT) entered into a definitive agreement to acquire Surrey, British Columbia–based Jacob Bros Construction for an estimated aggregate consideration of $135 million, comprising cash, shares and assumed equipment debt. The acquisition establishes Bird in BC's civil infrastructure market, adds self-perform capability and scale (Jacob Bros: ~350+ employees, ~$300M revenue) and is expected to be approximately 10% accretive to Bird's full-year adjusted EPS.

Black & Veatch Acquires Bird Electric

August 15, 2023

Construction

Black & Veatch has acquired Bird Electric Enterprises and Bird Electric Properties (both part of BASElectric Holdings, LLC). The acquisition brings more than 600 electrical construction and emergency restoration professionals into Black & Veatch’s Grid Solutions portfolio, expanding its capabilities across transmission, distribution, renewables, EV charging and storm restoration markets.

Bird Construction Acquires Fraser River Pile & Dredge from TriWest Capital Partners

October 14, 2025

Construction

Bird Construction Inc. has acquired Fraser River Pile & Dredge (FRPD) from private equity owner TriWest Capital Partners. FRPD, headquartered in New Westminster, British Columbia, is a longstanding Canadian marine construction, pile/foundation and dredging contractor with a workforce of over 300; the deal adds specialized marine and dredging capabilities to Bird’s service offering to support infrastructure and nation-building projects across Canada.

Pelican Energy Partners Acquires Electrical Builders Industries

August 9, 2024

Industrial Services

Pelican Energy Partners, a Houston-based private equity firm, has acquired Electrical Builders Industries (EBI), a St. Cloud, Minnesota-based industrial electrical and welding services provider that specializes in bus duct installation, replacement and repair for power generation facilities. The deal positions Pelican to expand its capabilities in the nuclear energy services supply chain and support increased baseload power needs for customers including datacenter facilities.

Israir Subsidiary Acquires Additional Stakes in Bird Aviation

June 21, 2024

Aerospace & Defense

Tel Aviv-based Israir (through its subsidiary Israir Aviation and Tourism) agreed to buy a 25% stake in Cyprus-based MRO provider Bird Aviation from Bird Aerosystems for €2.75 million, and plans to acquire a further 12.5% for ~€1.375 million with a put option to purchase the remaining 12.5% two years after. The staged transaction increases Israir's ownership of the Larnaca-headquartered maintenance specialist and is intended to support fleet development plans, finance capacity and expanded MRO capabilities at Bird Aviation's Larnaca base.

Beaudoin Electrical Construction Sold to Private Investors

April 4, 2022

Construction

Beaudoin Electrical Construction, a Sodus, Michigan electrical contractor founded in 1972, was sold to private investors in a transaction that closed April 4, 2022. Generational Equity advised the deal; owner Jim Gunn established an ESOP as part of the transaction to provide employee ownership and retirement benefits.