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Completed Transactions > Business Services > Barenco has been acquired by Trow

Barenco has been acquired by Trow

Barenco inc.

Date

Feb 2010

Region

Canada

Generational Capital Markets completes the sale of its client Barenco, an environmental engineering firm, to Trow Global. Brenen Hofstadter and Chris Heckert from Generational Capital Markets advised Barenco. Brampton, Ontario (PRWEB) February 25, 2010 -- Vlad Stritesky, President and CEO of Trow Global, a Canadian firm of engineers and consultants headquartered in Brampton, Ontario, and Jim Phimister, President of Barenco Inc., a Canadian environmental engineering and sciences services consulting firm in Gormley, Ontario, today announced that Barenco has joined the Trow Global group of companies.

“Barenco’s expertise and unique technologies related to brownfield development and environmental remediation make a great addition to the Trow Global family of companies,” said John McKee, Vice President and Greater Toronto and Niagara Regional Manager of Trow Associates, Inc. (a Trow Global company). “Barenco significantly strengthens our Ontario environmental services team, making it one of the largest in the province.” “This is a great move for us,” said Mr. Phimister. “Being part of the Trow Global family will expand our horizons and create tremendous opportunities for our team. Our complementary strengths will benefit both of us and enhance the depth of services we can offer to our clients.” Brenen Hofstadter and Chris Heckert from Generational Capital Markets, Inc., Member FINRA/SIPC, ("GCM") advised Barenco. GCM is a Dallas, TX based merger & acquisition advisory firm; Mr. Hofstadter and Mr. Heckert focus on the industrial and engineering industries. Trow was represented by EFCG, a New York City based firm providing financial and strategic advisory services to engineering consulting firms. The transaction closed Feb. 4, 2010 and the terms were not disclosed.

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