BDO advised on the sale of civil engineering practice, PEC

Deal typeM&A
Client name Progressive Engineering & Consulting Inc. (PEC)
BDO’s M&A and Capital Markets team is pleased to announce that Edmonton-based CAP Management Services Ltd. has acquired Progressive Engineering & Consulting Inc. (PEC) in St. John’s, N.L.

The BDO Canada M&A and Capital Markets team acted as exclusive financial advisor to the vendors by assisting the owners of the business with corporate finance and tax services.

"Selling our business was an emotional and complex process. After an exhaustive search, BDO was able to find us the right buyer, one that was well aligned with our culture and employees. BDO provided trusted advice and guided us through all aspects of the transaction." 
Cora Mills and Kelly Hickey, Shareholders of PEC