Redcap&Truss Acts as Exclusive Financial Advisor to Empower Construction Group Inc.

Redcap&Truss acted as exclusive financial advisor to Empower Construction Group Inc. (“Empower” or the “Company”) on the Company’s sale to Proline Power Corp. (“Proline”).

Empower, based in Spruce Grove Alberta, was founded in 2012 with the goal of performing all aspects of constructing, maintaining and repairing overhead and underground power lines across the province of Alberta.

Proline, based in Ponoka Alberta, was established in April of 2012 with a goal of establishing itself as a top competitive power line contractor in Western Canada. Proline provides construction services for building and maintaining overhead and underground power lines.

“I had been thinking about when the ‘right time’ to sell my business was for a while and I learned that my right time isn’t always the market’s right time. After a bit of patience and multiple discussions with various interested parties, I am pleased that I was able to put together a deal that worked for both me as well as my team with Proline Power Corp. The Redcap guys gave me honest and direct advice all the way through the process and always presented multiple options to consider to aid in my decision making. I am now set up for my next entrepreneurial venture – thanks guys!” Casey Merrills Owner, Empower Construction Group Inc.

If you are interested in learning more about selling your business, the current market environment or are looking to acquire, please contact us.

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