Aecon Utilities has announced that it has acquired Ainsworth Power Construction (APC), an electrical services and power systems business unit of Ainsworth from GDI Integrated Facility Services.

APC’s management and operational teams are joining Aecon Utilities through the transaction, which is being financed through Aecon Utilities’ standalone committed revolving credit facility.

APC has over 80 employees and 80 years of experience as a comprehensive technical services contractor for electrical utility clients, primarily in Ontario.

The majority its revenues are recurring in nature and are conducted under long-term master service agreements. Aecon Utilities and APC are collaboratively engaged as joint venture partners delivering programs to utility and private sector clients to expand electricity distribution infrastructure across Ontario.

“The acquisition of APC builds on our strong collaborative partnership, strengthens relationships with key clients, and further diversifies our comprehensive self-perform utility infrastructure expertise,” said Jean-Louis Servranckx, President & Chief Executive Officer, Aecon Group Inc.

“Building on over a decade-long relationship, the acquisition of APC is the next natural step to expand our market share and capacity, and allows us to offer a scalable, purpose-built, turnkey solution for our valued utility customers,” said Chris Manielly, Vice President, Electrical, Aecon Utilities.