Bird Construction Acquires Jacob Bros Construction for $135 Million

June 10, 2024

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.

Buyers
Bird Construction Inc.
Targets
Jacob Bros Construction
Sellers
Scott Jacob (principal/shareholder), Todd Jacob (principal/shareholder)
Industry
Construction
Location
British Columbia, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.