KBR Acquired Wabi

More Information See Transaction

KBR has acquired Wabi Development Corporation

TARGET: Wabi Development Corporation
TRANSACTION TYPE: Buy-side Advisory
INDUSTRIES: Construction and Engineering
GEOGRAPHY: Alberta, Canada

SEALE & ASSOCIATES' APPROACH

Seale & Associates was retained by KBR Inc. to identify potential acquisition targets with construction capabilities based in Canada, confidentially pre-qualify targets, and assist in the execution of the transaction.

OUTCOME

KBR successfully completed the acquisition of Wabi Development Corporation (Wabi) and immediately drove significant sales through the entity.

The integration of Wabi provides growth opportunities for their heavy hydrocarbon, forestry, oil sand, general industrial and maintenance services business.

Seale provided incredible value to our acquisition search process and successfully executed a strategic EPC acquisition in Canada that was perfectly aligned with our criteria.

"Seale provided incredible value to our acquisition search process and successfully executed a strategic EPC acquisition in Canada that was perfectly aligned with our criteria. Not only did we feel they truly understood our long-term vision and strategy, but they worked the project with an impressive level of dedication and focus."

Chris BrownVice President, KBR Services Canada

Are you looking to expand through acquisitions or develop inorganic growth strategies?

Seale & Associates offers trusted buy-side advisory services. Contact us today to learn how we can guide you through the complexities of the acquisition process and help you evaluate the full range of inorganic growth opportunities for your company.