Cycle Energy Industries Acquires Energy Express Canada Corp.

Precision Drilling Corporation Acquires CWC Energy Services Corp.

September 7, 2023

Oil & Gas

Precision Drilling Corporation has entered into an agreement to acquire all issued and outstanding common shares of CWC Energy Services Corp. for approximately $141 million in total consideration (947,909 Precision shares valued at ~$88M, $14M cash, plus assumption of debt). The acquisition adds 62 marketed service rigs in Canada and 18 marketed drilling rigs (including 11 in the U.S.), and is expected to generate about $20 million of annual operating synergies while supporting Precision's deleveraging plan.

Uranium Energy Corp Acquires UEX Corporation

June 13, 2022

Energy

Uranium Energy Corp. (UEC) agreed to acquire all outstanding common shares of UEX Corporation (UEX) via a statutory plan of arrangement, using a share exchange of 0.0831 UEC shares for each UEX share (implied C$0.43 per UEX share, ~50% premium). The deal, expected to close in Q3 2022, combines UEC's U.S. production-ready ISR assets and physical uranium holdings with UEX's Canadian exploration portfolio in Saskatchewan and Nunavut to create a larger North American-focused uranium company.

CDPQ to Acquire Innergex Renewable Energy Inc. for C$10.0 Billion

February 25, 2025

Energy

Caisse de dépôt et placement du Québec (CDPQ) has entered into a definitive agreement to acquire all issued and outstanding common shares of Innergex Renewable Energy Inc. for C$13.75 per share, implying a total enterprise value of C$10.0 billion. The transaction will take Innergex private, has unanimous support from Innergex’s board and backing from largest shareholder Hydro-Québec, and is expected to close by Q4 2025 subject to customary approvals.

Krystal Growth Partners Acquires 50% Stake in Enex Energy Corporation

June 25, 2024

Energy

Krystal Growth Partners has acquired a 50% interest in Enex Energy Corporation, a wholesale distributor of Esso fuels and Mobil lubricants that serves commercial customers across Vancouver Island, the Lower Mainland, Northern British Columbia and Alberta. The investment will partner Krystal's capital and expertise with Enex management to support the company's next phase of growth, including market and product expansion.

Dillon Consulting Acquires Internat Energy Solutions Canada

May 5, 2023

Engineering Services

Dillon Consulting Limited has acquired Internat Energy Solutions Canada (IESC), an energy management and engineering consulting firm with offices in Toronto and Calgary. The acquisition strengthens Dillon's Energy Transition Business Unit and facilities capabilities in Ontario, expanding its technical depth in energy conservation, GHG reduction strategies, and renewable integration.

Wellington Group of Companies Acquires Contract Express

June 28, 2024

Logistics & Distribution

Canada-based Wellington Group of Companies has acquired Contract Express, expanding Wellington's brokerage, truckload and LTL services across the U.S. and Canada. Terms were not disclosed; Wellington said it will preserve Contract Express's brand and operations while adding buying power and support from the larger group.