Deal increases Maven’s presence in Northern Canada and adds several new capabilities
North Vancouver, B.C., May 23rd, 2018 – Maven Consulting Ltd., a utility engineering and construction firm based in Metro Vancouver, has announced the completion of its acquisition of Yukon Engineering Services (YES). The acquisition expands Maven into new markets, increases its presence in Northern Canada, and brings new capabilities to its portfolio of services.
Based in Whitehorse, Yukon, YES has provided engineering consulting, survey, and project management services to the utility, transportation, mining, structural, and municipal industries for over 30 years. Maven will operate YES under its current brand in the Yukon and will retain the YES employee base.
“Maven is the right business partner to continue the YES legacy,” stated Roy Slade, retiring CEO at YES. “I look forward to participating in the transition period to provide continuity for our customers and staff, and to working with the Maven management team to help make this a success.”
In addition to expanding into these new markets, Maven gains several new capabilities through the acquisition including:
“We are very pleased to scale our business through our first acquisition, and to add design and survey capabilities to our core business,” added Trevor St Germain, Principal at Maven. “Adding a regional office in the Yukon will allow us to better serve our northern customers, and both groups are excited about the new projects and learning opportunities. Maven and YES combine into a strong team that will allow us to continue the fast growth we have experienced over the past several years.”
About Maven Consulting
Based in Metro Vancouver, Maven Consulting is an experienced utility engineering and construction company serving Western and Northern Canada since 2013. Maven’s senior management team have over 17 years’ experience operating engineering consulting and capital project delivery companies in the utility industry. Maven was listed in the STARTUP 50 by Canadian Business magazine as part of their 2017 PROFIT 500 ranking of Canada’s fastest growing companies, based on Maven’s 552% revenue growth over the past two years. Learn more at www.mavengroup.ca
About Yukon Engineering Services
For over 30 years YES has provided engineering consulting, survey, and project management services to the utility, transportation, mining, structural, and municipal industries. Learn more at www.yes-group.ca