Bird Construction buying BC-based civil infrastructure firm

• What Bird will acquire Jacob Bros for $135m
• Why Deal expands the firm’s reach in western Canada
• What next Jacob Bros’ CEO and COO will lead Bird’s western infrastructure business

Bird Construction has agreed to buy Jacob Bros Construction for $135m, expanding its reach into the western Canada market.

The Mississauga-based firm entered into a definitive share purchase agreement to acquire the Surrey, B.C.-based civil infrastructure contractor. Other than the assumption of equipment debt, Jacob Bros will be bought on a cash-free, debt free basis.

Jacob Bros’ CEO Scott Jacob and COO Todd Jacob will integrate their current operations with Bird’s western infrastructure business.

Subject to closing conditions, the transaction is expected to be completed in the third quarter.

Jacob Bros specializes in civil infrastructure projects such as airports, seaports, rail, bridges and structures, earthworks, energy projects, and utilities.