Bird Construction Acquires Jacob Bros Construction for $135 Million

Bird Construction Acquires NorCan Electric Inc.

January 18, 2024

Industrial Services

Bird Construction Inc. (TSX: BDT) has acquired the assets of NorCan Electric Inc. for $11 million, in a tuck-in to its Stuart Olson industrial services subsidiary. The deal expands Bird's electrical and instrumentation capabilities, adds up to 450 electricians serving the Regional Municipality of Wood Buffalo (Alberta), and supports recurring MSA revenue streams; the purchase was financed ~85% with debt and the balance with Bird treasury shares.

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.

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.

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.

Parsons Corporation Acquires BCC Engineering from Trivest for $230M

October 21, 2024

Engineering Services

Parsons Corporation agreed to acquire BCC Engineering, a Trivest Partners portfolio company, in an all-cash transaction valued at $230 million (net transaction value $221 million, ~13.0x 2025e EBITDA). The acquisition expands Parsons' infrastructure and transportation engineering presence in the Southeastern United States — BCC will join Parsons' North America Infrastructure business unit and is expected to generate about $110 million revenue in 2025.

BRP Group Acquires Jacobson, Goldfarb & Scott (JGS)

September 13, 2021

Insurance

BRP Group, Inc. (NASDAQ: BRP) has entered into an agreement to acquire substantially all of the assets of Jacobson, Goldfarb & Scott, Inc. (JGS), a Holmdel, New Jersey-based specialty insurance broker and MGA. The transaction adds approximately $43.3 million of revenue and ~130 colleagues to BRP Group and expands its specialty and middle-market commercial insurance capabilities, particularly in habitational real estate, construction and manufacturing & distribution.