LineStar Utility Supply Acquires Distributions Limotrique

CAI Capital Partners Acquires LineStar Utility Supply

October 4, 2022

Industrial Services

CAI Capital Partners has made a platform investment in LineStar Utility Supply Inc., a Canadian distributor of powerline technician tools and safety equipment with distribution centers across British Columbia, Alberta, Manitoba and Ontario. Management (including Brian L'Heureux, Greg Payne and Brian Colledge) retained a meaningful equity stake and co-founders remain involved; CAI's investment is the sixth platform from CAI Capital Partners VI and was financed with debt from Scotiabank.

LineStar Utility Supply Acquires Western High Voltage Test Centre

September 5, 2023

Electrical Services

LineStar Utility Supply, a portfolio company of CAI Capital Partners, has acquired Western High Voltage Test Centre (WHV), a Calgary-based provider of high-voltage live-line equipment testing. The acquisition adds high-voltage testing capabilities to LineStar's distribution business, retains WHV President Daniel Verhelst with a meaningful equity stake, and supports LineStar's strategy to expand services and geographic coverage across Canada.

SiteOne Landscape Supply Acquires Linzel Distributing

August 17, 2022

Logistics & Distribution

SiteOne Landscape Supply, Inc. completed its acquisition of Linzel Distributing, a Hamilton, Ontario-based wholesale distributor of outdoor lighting and landscape supplies. The deal expands SiteOne's presence in Canada and adds Linzel's product expertise and customer programs to SiteOne's national distribution network.

Laurentide Controls Acquires Liquiteck Industrial Sales Inc.

April 2, 2024

Industrial Services

Laurentide Controls, Eastern Canada’s largest industrial process automation supplier, has acquired Liquiteck Industrial Sales Inc., a distributor and service provider for industrial pumps. Liquiteck will continue operating under its name and keep its Valleyfield and Val d'Or facilities while benefiting from shared administrative services at Laurentide’s Kirkland, Quebec headquarters; financial terms were not disclosed.

Aecon Utilities Acquires Majority Stake in Xtreme Powerline Construction

July 2, 2024

Construction

Aecon Utilities Group Inc., a subsidiary of Aecon Group Inc., has acquired a majority interest in Xtreme Powerline Construction for a base purchase price of approximately US$73 million. The acquisition expands Aecon Utilities' U.S. electrical distribution capabilities and footprint — Xtreme, founded in 2007 and headquartered in Port Huron, Michigan, has ~300 employees and long-standing relationships with utility clients including DTE Energy.

Rexel Acquires Lineman's Testing Laboratories of Canada

January 27, 2023

Industrial Services

Rexel (through its Canadian operations) acquired Lineman's Testing Laboratories of Canada, a provider of high-voltage testing, calibration and utility supply services. The deal, signed and closed January 17, 2023, expands Rexel's capabilities in utility and high-voltage services and supports its Power Up 2025 strategic roadmap.