DALLAS--(BUSINESS WIRE)--Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Omega & Associates Engineering to Ecora Engineering & Resource Group Ltd. The acquisition closed June 3, 2019 and details were not disclosed.
Omega & Associates Engineering (www.omegaengineering.ca) was founded in 1978 and is headquartered in Chilliwack, British Columbia, a growing area to the east of Vancouver, and the company also has another office in Surrey, a growing suburb of Vancouver. The company is a professional engineering firm with approximately 30 employees providing structural and civil engineering design services principally to land developers and municipalities.
Ecora Engineering & Resource Group Ltd. (https://ecora.ca) was launched in 2010 as a forestry and environmental services firm and then expanded into the engineering space. It is based in Kelowna located in the interior of British Columbia and has grown to 150 people over eight years. The company provides a full spectrum of consulting services in natural resource and engineering to a diverse client base in forestry, oil and gas, municipal developments, environmental, alternative energy, and other industries, as well as various First Nations communities.
Generational Equity Executive Managing Director of M&A – Western Region, Stephen Crisham and his team, led by Senior M&A Advisor Ted Rattenberry with support from Vice President Mergers & Acquisitions Chad Comroe, successfully closed the deal. Executive Managing Director Randy Kamin established the initial relationship with Omega.
“Joining forces with Omega significantly enhances two of Ecora’s core lines of business and will provide enhanced support for Ecora’s existing clients and partners in the area,” stated Kelly Sherman, President of Ecora.
According to Doug Clough, Principal of Omega, “The Omega team will have a greater opportunity for career growth, and exposure to different and varying projects. Our clients will benefit from the amalgamation by virtue of our now “in house” resources in other disciplines and expanded structural and civil expertise throughout various parts of BC.”
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition, and wealth management services. Their five-step approach features exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.