Graham Power Services (“Graham”) on behalf of its parent, Graham Maintenance Services LP. and its partner, 42 West Constructors Ltd., Have announced that Graham intends to complete the acquisition of certain Canadian powerline construction and maintenance assets and resources of Rokstad Power (2018) Ltd. and affiliates (“Rokstad”) from FTI Consulting Canada Inc, in its capacity as court-appointed receiver of Rokstad.
The transaction remains subject to the approval of the British Columbia Supreme Court, the hearing for which is currently scheduled for January 31, 2025. Once approved, there are certain closing conditions that will need to be met, with an outside close date of February 17, 2025.
Graham is an employee-owned business with over 2,700 staff and the capacity for up to 6,000 craft workers. Established in 1926 and with offices throughout North America, Graham Group generates annual revenues exceeding $4 billion and has delivered over 500 projects annually that provide lasting value and enable people and communities to live, work, move, and grow in a rapidly changing world.
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