June 1, 2012
TORONTO (June 1, 2012) – Construction Control Inc. ("CCI") announced the acquisition of VVV Engineering Ltd. ("VVV"), a Burnaby, BC based building science engineering consulting firm. VVV will supplement CCI’s growing presence in Western Canada, with its established market position in British Columbia and its strong experience in building envelope, structural and related engineering services. The partnership of these two organizations joins both a similar set of values as well as a wealth of engineering expertise across Canada.
"We are very pleased to have Val Varga and his team join CCI and look forward to working with them," said Dr. Gina Cody, President of CCI. "By combining our broad platform of services with VVV’s strong local presence in the Greater Vancouver market, we will be better able to serve our clients nationally."
"We are extremely excited about the resources, experience and depth of technical knowledge we now have access to," said Val Varga, Principal of VVV Engineering. "CCI is an ideal partner for us as we look to expand in the growing Western Canadian market."
"Since our investment in CCI, we have seen the business grow considerably, under the leadership of Dr. Cody and thanks to the hard work and commitment of CCI's employees. Signal Hill is thrilled about this acquisition as it represents another major milestone in the company’s continued growth," added James Johnson, Managing Partner of Signal Hill Equity Partners. "We remain committed to supporting CCI as it executes its strategy of expanding into a national engineering services company."
About VVV Engineering Ltd.
Founded in 2001, VVV is an experienced building science consulting firm located in Burnaby, British Columbia. It provides professional engineering consulting services for the residential and commercial sector; specializing in Building Envelope Design, Architectural Envelope Design, Structural Design, Failure Analysis, Materials Inspections, Roofing and Contract Administration for both new construction and rehabilitation projects.
About Construction Control Inc.
Founded in 1972 and headquartered in Toronto, CCI is a multidisciplinary engineering firm that provides engineering services related to the construction and rehabilitation of building structures. With offices across Canada, the company services a variety of established customers, including leading financial institutions, REITs, property managers, condominium corporations and government institutions. With an employee base consisting of experienced engineers, building scientists, and environmental specialists, CCI provides a full scope of engineering services across the life cycle of a building.
About Signal Hill Equity Partners
Signal Hill Equity Partners is a Toronto-based private equity firm managed by experienced investors and business operators, focusing on Canadian mid-market companies. The Signal Hill team has completed over 50 transactions across a variety of industries including financial services, specialty distribution, business services and manufacturing. Members of the Signal Hill team have partnered and worked with management teams to build some of the most successful businesses of their kind in Canada and the United States.
Signal Hill Equity Partners is currently investing its second private equity fund, a $100 million fund that can be invested at its discretion in mid-market Canadian companies.
For more information contact:
Dr. Gina Cody, P. Eng., F.E.C.
President, Construction Control Inc.
tel: 905-856-5200 Ext. 266
Valentin Varga, P. Eng.
Principal, VVV Engineering Ltd.
James C. Johnson
Managing Partner, Signal Hill Equity Partners tel: 416-847-1170