Breaker Electric Ltd., an electrical contracting firm based in Calgary, Alberta, has been acquired by Robertson Bright Inc., an electrical contracting firm in Mississauga, Ontario. The amount of the transaction was not disclosed.
Breaker Electric maintains services, installs and designs electrical equipment used in commercial infrastructure; Robertson Bright specializes in commercial and industrial electrical services. Under the agreement, Breaker Electric will operate as a subsidiary of Robertson Bright in conjunction with another subsidiary of the firm, Arco Electric, which Robertson Bright acquired in March of 2007 in a deal also brokered by Generational Equity.
In January 2007, Breaker Electric retained Generational Equity to provide business valuation and exit planning services. Generational Equity assisted in identifying a buyer, securing a competitive offer and negotiating the transaction.
Managing director Stephen Crisham and Toby Pence, assistant vice-president, along with Ted Rattenberry, Generational Equity’s affiliate for western Canada, led Generational Equity’s deal team in marketing and negotiating the transaction. The transaction closed within a year of Breaker Electric entering the market. “We marketed Breaker Electric primarily to electrical contracting firms, and found the best fit with Robertson Bright, who we knew from experience to be an ideal acquirer of a company like Breaker,” said Ted Rattenberry, Generational Equity’s affiliate for the transaction Focusing on industrial maintenance, commercial construction, network communication cabling, and telephony, Robertson Bright sought to expand its capabilities into western Canada, and acquiring Breaker Electric served to further their efforts. “After successfully integrating Arco’s operations with its focus on construction activities into our business in the western region of the country, we felt that Breaker’s strength in service and maintenance activities, as well as its wellestablished customer base, would only help us to continue our growth,” says Wally Budgell of Robertson Bright About Robertson Bright Inc.
Founded in 1954, Robertson Bright Inc. is a privately held contracting company specializing in commercial and industrial electrical services, electrical construction and network communication services. With over 50 years of successful history, Robertson Bright has strategically evolved to keep its focus on customers' needs. With corporate offices in Mississauga and Peterborough, over 100 highly trained technicians and over 40 service vehicles, Robertson Bright serves customers throughout southern Ontario with: commercial and industrial service, design build solutions, pre-engineered electrical construction, automation service and integration, preventative and predictable maintenance, network cabling and design, IP telephony, IT services, high voltage service, and power conditioning.
A senior member of our team will be in contact shortly. If you need immediate assistance, please contact us on:
Success, you have been added to our list.