Deal Announcement - Industrials - Mainroad

Mainroad, one of the largest highway maintenance contractors in Western Canada, has acquired Cobra Electric, an electrical contracting company specializing in the maintenance of traffic management and lighting systems.

The Mainroad Group is a 100% employee-owned collection of companies specializing in road and bridge products and services. It was formed in 1988 and has successfully become one of British Columbia’s most diversified groups of infrastructure maintenance and construction experts. The company has extensive experience in diverse climates and environments across Western Canada.

The Cobra Group of Companies provides comprehensive electrical contracting services for traffic management and lighting systems to public and private sector customers throughout British Columbia. Cobra has been entrusted to maintain electrical infrastructure on highways and roads within the Lower Mainland since 1984.

The IMAP Canada team in Vancouver, led by Charles Addison, acted as exclusive financial advisor to the Mainroad Group on this transaction.