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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.

Congratulations to CAP and PEC!

"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

For any inquiries related to this transaction, please contact:

Dan Jennings, Partner and Managing Director, Halifax, N.S.

Mike Trahey, Tax Senior Manager, St. John’s, N.L.

Learn more about BDO’s M&A and Capital Markets service

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