Enterprise Group, Inc. completes C$13.5 million acquisition of Westar Oilfield Rentals Inc.

Date closed: 10/15/2014

Value: C$13.5 million

On October 15, 2014, Enterprise Group, Inc. (Enterprise) announced that it had completed its acquisition of Westar Oilfield Rentals Inc. (Westar). The final purchase price for the acquisition was C$13.5 million.

The acquisition expedites Enterprise's plans to be operating three of its subsidiaries in Fort St. John by the conclusion of 2014.

Enterprise, headquartered in St. Albert, Alberta, is a consolidator of construction services companies operating in the energy, utility and transportation infrastructure industries.

Westar, headquartered in Fort St. John, British Columbia is a full-service oilfield site infrastructure company.

BLG represented Enterprise with a team led by Lloyd McLellan that included Jonathan Poirier and Peter Newman.