Membertou First Nation and Horizon Naval Engineering acquire Genoa Design International
Deal AnnouncementOur M&A team supported Membertou First Nation and Horizon Naval engineering buying Genoa Design International.

The OEC group of companies provides innovative energy and infrastructure services across Canada. With over 2,000 employees, OEC delivers end-to-end solutions ranging from conception and design to engineering, construction and comprehensive field services.
For over 30 years, Trans Power has delivered safe and reliable utility installation services to utility companies, private developers, telecommunication companies and gas distributors in Canada.
With the acquisition of Trans Power, OEC will be offering enhanced design-build capabilities to their clients as they expand their position in the infrastructure and energy services industry.

Client
OEC
Transaction type
Acquisition
Services provided
M&A
Sector
Energy
Close date
September 2021
“I would like to thank the team at Grant Thornton for the impressive work done to help OEC successfully complete the extremely important strategic acquisition of Trans Power Utility Contractors. We are very thankful for their industry expertise, professionalism and camaraderie. Their sound advice and responsiveness were exactly what we were looking for."
Sean McCaughan, Chief Strategy and Growth Officer
OEC
Our M&A team supported Membertou First Nation and Horizon Naval engineering buying Genoa Design International.
Building on nearly four decades of trusted customer support and quality equipment rentals
Many Canadian energy providers are exploring merging their businesses to become stronger and offer customers more competitive services. Before undertaking a merger, there are major financial and societal impacts to consider.