Published: February 21, 2023
Updated: February 21, 2023
BDO’s M&A and Capital Markets team is pleased to announce that McElhanney Ltd. has acquired Abacus Datagraphics (2021) Ltd. (Abacus).
Founded in 1992, and based in Red Deer, AB, Abacus is a line-locating and field services provider in Western Canada. Their services include underground utility locating, One Call management services, digital mapping, and a pipeline sign production and installation department.
Our M&A and Capital Markets team acted as an advisor to Abacus, assisting the owners of the business throughout the entire sales process.
Congratulations to everyone involved in the transaction.
"It was a pleasure to work with the BDO team. They were very thorough and kept the sale process on track. We are delighted with the outcome and recommend BDO to assist anyone in selling or purchasing a business.”
For any inquiries related to this transaction, please contact:
Adam Mallon, Managing Director, Edmonton
Ashwin Nath, Director, Edmonton