Bassi Construction Ltd

Bassi Construction Ltd is a Canadian construction company based in Gloucester, specializing in tenant fit-ups, renovations, and environmental services for commercial and residential projects. Bassi Construction Ltd, founded in 1963 in Gloucester, Canada, provides construction services focused on tenant fit-ups and renovations. In December 2016, Mosaic Capital Corporation acquired a 70% stake in the company for USD 24. 5 mn, marking a significant partnership.

The company operates primarily in the Ottawa region. Bassi Construction specializes in a comprehensive range of construction services, including tenant fit-ups, renovations, building restoration, and environmental services. With over 60 years of experience, they deliver high-quality construction management, capital repair projects, and 24/7 emergency services, including disaster recovery and mold remediation. Their client base includes institutional clients and residential communities, with a focus on tailored solutions to exceed client expectations.

Bassi Construction generates revenue through various transaction structures, including direct business-to-business services and project-based contracts. Revenue is sourced from completed renovations, constructions, and restoration services, ensuring alignment with industry standards and project scope. Their client-involvement approach fosters transparency and long-term partnerships, contributing to sustained revenue growth through repeat business. With the recent acquisition by Mosaic Capital Corporation and the funding from this partnership, Bassi Construction plans to expand its geographic reach beyond the Ottawa region, targeting new markets in Eastern Ontario by 2024.

This expansion strategy aims to leverage their existing reputation while introducing new service offerings tailored to the needs of these markets.