BLS Asphalt Inc.
The Bergen Group of Companies has acquired BLS Asphalt Inc.
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The Bergen Group of Companies has acquired BLS Asphalt Inc. MNP Corporate Finance Inc. acted as exclusive financial advisor to BLS Asphalt Inc. in structuring and negotiating this transaction.
Transaction Brief
The transaction allowed the shareholders of BLS Asphalt Inc. (BLS) to implement their succession strategy while ensuring the continued success of their business.
BLS began operations in 1978 and is a well-known major asphalt paving and construction company operating in the city of Regina, Saskatchewan, and surrounding areas. BLS focuses on paving works for residential, commercial, industrial and municipal projects for both the private and public sectors. As a vertically integrated company, BLS also supplies aggregate, performs various siteworks, asphalt sales and snow removal.
The Bergen Group of Companies (The Bergen Group) is a vertically integrated civil construction group that services Manitoba and Saskatchewan and specializes in grading; aggregate, concrete, asphalt supply and install; and sewer and water. Today, The Bergen Group owns Bergen Excavating, Stone Bridge Redi-Mix, CLC Building Solutions and now, BLS Asphalt.