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Add-on acquisition · Closed Nov 2023

MechCan acquires B.R.'s Plumbing & Heating with 80/10 stake split

Relationship map

Relationship map for MechCan acquires B.R.'s Plumbing & Heating with 80/10 stake splitparent ofMechCan: PlatformMEMechCanB.R.'s Plumbing & Heating Inc.: Operating CompanyBRB.R.'s Plumbing & Hea…
Operating CompanyPlatform

Parties

Acquirer
MechCan
Platform
Target
B.R.'s Plumbing & Heating Inc.
Operating Company

Summary

MechCan acquired B.R.'s Plumbing & Heating, keeping an 80 per cent share while owner Bart Rietveld retained 10 per cent (selling the other 10 per cent to an employee), preserving the company name.