NC Energy Acquires Trans Tech Contracting
NC Energy Services Ltd. (NCES), a Northwest Capital Appreciation portfolio company, and parent company of Northern Crane Services and A1 Crane Services, announced the acquisition of Trans Tech Contracting Inc. (Trans Tech). Trans Tech is Canada's largest independent heavy hauling company. Trans Tech was formed by four partners in October 1996 to supply specialized transportation services to the oil and gas, construction, and forestry industries in Western Canada. Based in Edmonton (Acheson), Alberta, Trans Tech has operating authority in Alberta, British Columbia, Saskatchewan, and Northwest Territories.
As part of the transaction, NCES welcomes Dan Duffy, George Rodgers, Terry Colban, Glenn Dales, and all of the Trans Tech employees to the NCES group and looks forward to providing lifting solutions to Trans Tech's existing customers. Trans Tech will be a wholly owned subsidiary of NCES.
"We are excited to partner with such a well established and reputable company," said Leo Davis, NCES CEO and co-founder of Northern Crane. "The Trans Tech acquisition is another significant step in our strategy to strengthen our position as the lifting and heavy haul solutions provider of choice" said John Stevens, NCES President and COO. "There are significant opportunities to offer existing Northern Crane customers with additional equipment and resources through our partnership with Trans Tech."
Dan Duffy, Trans Tech's President noted, "The partnership is exciting for us and our customers as additional capital and resources provided by NCES will allow us to continue to provide an outstanding level of service to our customers. There are also significant opportunities to offer existing Trans Tech customers with additional lifting services through our partnership with Northern Crane."