Bird Construction has agreed to buy Jacob Bros. Construction for $135 million, the companies announced.

Surrey, B.C.-based Jacob Bros. is a privately-owned civil infrastructure construction business with self-perform capability. The company serves public and private clients across the region with a workforce of over 350 salaried, hourly and craft personnel.

Jacob Bros also provides expertise in specialized projects that require innovative, purpose-built, custom solutions.

Mississauga, Ont.-based Bird said the deal establishes the company in B.C.’s high-demand civil infrastructure business. As part of the agreement, Scott and Todd Jacob will join Bird to lead the combination company’s western infrastructure business with their firm.=

“The acquisition of Jacob Bros., a full-service infrastructure provider in BC, represents a significant milestone in the evolution of our business, establishing a broader and more diversified operation,” said Teri McKibbon, Bird’s president and CEO, in a news release.

“The company brings a strong market reputation, highly skilled team, and proven track record for delivering complex projects to sophisticated, long-term clients. The combined company will have a greater platform from which it will be able to access larger-scale projects and expand career opportunities for employees.”

Among its other benefits, the acquisition positions the combined company to capitalize on opportunities related to electrification, the growing demand for low-carbon and green infrastructure solutions, and transportation infrastructure requirements, said Bird.

The deal also significantly increases revenue generated by infrastructure projects, advancing Bird’s strategy to balance its portfolio across three core verticals: Industrial, buildings, and infrastructure while also expanding the firm’s scale and geographic reach.

Since Bird is a public company, the deal is subject to approval of the Toronto Stock Exchange, along with other usual closing conditions. The transaction is slated to close in the third quarter of 2024.