Industrial Automation, Instrumentation & Electrical Services Co.

Stormont Capital Advisors (“Stormont”) has been retained as the exclusive agent to represent the sale of equity in a privately held Canadian industrial services company (“the Company”), focused on providing Instrumentation, Electrical, Automation, Communication, Combustion and Emissions services for large industrial clients throughout Western Canada.


The company provides its services to a broad range of integrated energy companies, National Oil companies, Midstream facility owners, and Downstream pipeline operators. FY20 revenue and EBITDA is forecasted to be $97MM and $13.7MM (14%), respectively.


Approximately 50% of revenues are derived from recurring, maintenance services generated from instrumentation, electrical, automation, and combustion related service calls. An additional 10% of revenue is derived from sole-sourced major projects. The Company’s large projects and maintenance-related revenue have both demonstrated a durability to the current Covid-19 pandemic. As such, Management expects that demand for its services will remain robust through 2021 and beyond, and that earnings will follow suit.


Contact for more information:
Dave Munro