Universal Group
Universal Group has acquired Beacon Lite (Ottawa) Ltd. and Signebec
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Universal Group has acquired Beacon Lite (Ottawa) Ltd. and Signebec. MNP Corporate Finance Inc. provided financial and tax due diligence services to Universal Group.
Transaction Brief
Beacon Lite (Ottawa) Ltd. and Signebec (together, Beacon Lite) began operations in 1964 in Ottawa, Ontario. Its services include traffic control, traffic plans, traffic sign manufacturing, engineering, consulting, and equipment rentals.
The acquisition expands Universal Group's geographic presence, creating a strong national platform for further growth and will allow the combined organization to better support and service its customers and provide enhanced opportunities for its 1,700-plus employees across the country.
Universal Group, a portfolio company of CAI Capital Partners and co-investors including BDC Capital, Roynat Equity Partners and Frind Enterprises, is the leading traffic management and control services provider in B.C. Universal Group provides traffic control personnel, lane closure services, traffic permits and traffic management plans, road maintenance and landscaping / vegetation management services.