JOC ARCHIVES

June 12, 2013

Big Country acquired by Mastec

MasTec, Inc. has acquired Big Country Energy Services Inc., and its affiliated operating companies, which are known as Big Country, a Calgary-based oil and gas pipeline and facility construction services company.

MasTec acquired all of the issued and outstanding equity interests of Big Country for about $103 million in cash, the assumption of about $24 million in debt, plus a 5-year contingent earn-out.

Big Country has worked for a variety of energy and pipeline companies, including Shell, Canadian Natural Resources Ltd., Enbridge, Suncor, Encana, Husky, ConocoPhillips and Cenovus Energy.

Big Country had a strong balance sheet at closing, with about $53 million in tangible net worth. ..cJOC NEWS SERVICES

Print | Comment

MOST POPULAR STORIES
TODAY’S TOP CONSTRUCTION PROJECTS

These projects have been selected from 371 projects with a total value of $1,936,826,394 that Reed Construction Data Building Reports reported on Thursday.

ACUTE, LONG TERM CARE FACILITY

$122,700,000 High Prairie AB Tenders

HYDROELECTRIC GENERATING STATION

$66,000,000 Columbia-Shuswap RD BC Negotiated

ELEMENTARY SCHOOLS

$34,400,000 Airdrie AB Prebid

Daily Top 10

TODAY’S TOP JOBS

Experienced Site Superintendent
Ontario-Cobourg

Project Manager
Ontario-Oshawa

Estimator
Ontario-Toronto

Site/Field Coordinator
Ontario-Mississauga

Superintendent
Alberta-Red Deer

Operations Foreman
British Columbia-Vancouver

Earthworks Estimator
Ontario-King

Junior Construction Manager
Alberta-Fort McMurray

Estimator/Project Manager
Ontario-Gormley

Machinist
Alberta-Edmonton

More jobs 

myJobsite.ca

Your gateway to
the top careers
in construction
and design