TriWest Capital Partners has successfully completed a management buyout of Strike Group, transferring ownership to the company's management team.

Information on the Target

Strike Group, established in 2004 and headquartered in Calgary, Alberta, is a leading provider of infrastructure construction and maintenance services primarily serving the energy sector and diversified industries across Western Canada. The company employs over 1,900 professionals across 24 strategically located sites, enabling it to deliver a comprehensive range of services. Its operational structure includes five main divisions: Projects Group, Industrial Services, Pipeline Services, Field Services, and Electrical & Instrumentation.

Through its role as either Prime or General Contractor, Strike Group has developed a reputation for quality and reliability. The company has achieved significant growth over the years by expanding its service offerings and geographic footprint, aiming to meet the evolving needs of its diverse clientele.

Industry Overview in Western Canada

The construction and maintenance industry in Western Canada has experienced considerable growth, driven by the region's robust energy sector and diversified industrial activities. With Canada's vast natural resources, includi