Exchange Income Corporation Acquires Northern Mat & Bridge for $325M
May 10, 2022
Exchange Income Corporation (EIC) acquired Northern Mat & Bridge for an enterprise value of C$325 million, purchasing the leading Canadian temporary access solutions provider from TriWest Capital Partners. The deal expands EIC's manufacturing/services portfolio with an environmentally focused, asset-backed business headquartered in Calgary, Alberta, and was funded with a mix of cash and issuance of EIC common shares.
- Buyers
- Exchange Income Corporation
- Targets
- Northern Mat & Bridge
- Sellers
- TriWest Capital Partners
- Industry
- Industrial Services
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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