Broda Group

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Broda Group - overview

Location

-, ON, Canada

Primary Industry

Construction

About

Broda Group is a Canadian heavy construction company focused on providing earthworks, civil construction, and aggregate processing services, delivering solutions for both public and private sector projects across Western Canada. Broda Group specializes in heavy construction and was founded by Martin Casse. The company operates primarily in Canada, with headquarters located in Alberta and additional offices spanning from Ontario to British Columbia. In September 2014, TriWest Capital Partners acquired Broda Group for USD 39 mn.


The company has successfully transitioned to meet the evolving demands of the construction industry. Broda Group is a prominent heavy construction company specializing in a comprehensive range of services that includes earthworks, civil construction, aggregate processing, and concrete production. Their core offerings address the needs of both public and private sector clients, focusing particularly on road building and infrastructure projects. With quarry operations extending from Ontario to British Columbia, Broda Group produces over 3 million tonnes of aggregate annually, serving a diverse array of applications across Western Canada.


The company prides itself on its ability to provide skilled labor and advanced heavy machinery, ensuring that they meet the rigorous specifications of their projects. Their service areas encompass major markets in Saskatchewan and Alberta, where they effectively cater to various sectors that require substantial material movement and construction expertise. Broda Group operates on a B2B model, primarily engaging with governmental agencies and private contractors in the construction and infrastructure sectors. Revenue generation is facilitated through direct contracts for construction projects, with clients entering into agreements based on specific project requirements.


The company’s services typically involve negotiated contracts that outline the scope of work, pricing, and timelines, reflecting their commitment to quality and safety. Given the scale of their operations, transactions are structured around large-scale projects, often incorporating phased payment arrangements tied to project milestones. Broda Group's ability to fulfill diverse project needs contributes to its stable revenue streams, reflecting a solid business framework positioned within the competitive landscape of Western Canada's heavy construction industry. Looking ahead, Broda Group aims to enhance its market presence by expanding into new geographic regions, specifically targeting growth opportunities in the northeastern provinces of Canada by 2025.


Recent funding from the USD 39 mn acquisition by TriWest Capital Partners will be utilized to invest in new equipment and technology, facilitating the development of innovative construction solutions and improving operational efficiency.


Current Investors

TriWest Capital Partners

Primary Industry

Construction

Sub Industries

Construction

Website

www.brodaconstruction.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Broda Group - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedBroda Group-

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Broda Group - employee data

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