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Land Access & Clearing Co.

Stormont is representing the sale of an Industrial Land Access & Clearing services business that provides services to a range of industrial accounts including power and natural gas utilities, midstream operators, and upstream O&G customers across BC and Alberta.

 

The company’s revenues stem from the following service offerings: pipeline right-of-way clearing (58%), oil and gas lease clearing (27%), Power corridor ROW clearing (8%), and other (7%). The company has a history of profitable operations with forecasted Revenue and EBITDA for FY18 of $7.6MM and $2.1MM (28%), respectively.

 

This opportunity serves as an ideal acquisition for a buyer interested in consolidating the mulching and clearing marketplace in Western Canada while leveraging extensive first-nations partnerships and an operational footprint in NW Alberta and NE British Columbia.

 

Contact for more information:
Jonathan La Rose
403-452-1301
jlarose@stormontenergy.com