The useful detail can sit beyond the acquisition headline: where development stays, what gets funded and which people or capabilities come with the business.
This brief covers announcements since November 3 at 7:17:48 a.m., through November 4 at 7:22:19 a.m. Toronto time.
Novacap buys OSI with Canadian development pledge
Novacap announced it completed the acquisition of Burnaby-based OSI Maritime Systems with a Canadian consortium including EDC and BDC Capital. OSI develops electronic chart software and integrated navigation and bridge systems for surface ships and submarines.
Novacap says core intellectual property and product development will remain in Canada. It plans to support new products and international expansion. Financial terms were undisclosed.
Novacap’s November 3 announcement
Revolve completes its Ontario storage purchase
Revolve announced completion of its purchase of all shares of Logan Energy Storage ULC. Logan owns three Ontario battery-storage projects with 6 MW of power capacity and 11.7 MWh of energy capacity.
Revolve’s November 3 announcement
Aecon finishes a preferred-share purchase
Aecon announced completion of its previously disclosed purchase of all outstanding Aecon Utilities preferred shares, funded from available cash on hand.
Aecon’s November 3 announcement
Optimus adds implementation and support
Optimus SBR announced its acquisition of Toronto-based Greenlight Consulting, an agentic AI and intelligent-automation firm. Greenlight’s described work runs from process discovery and strategy through building, implementation and ongoing support. For a services buyer, that is a delivery scope extending beyond advice. Greenlight will operate as a division of Optimus SBR.
Optimus SBR’s November 3 announcement
GHD adds Quebec engineering capacity
GHD announced it acquired ÉQIP Solutions Experts-Conseils, with offices in Lévis and Saint-Georges. The Quebec firm provides structural, mechanical, civil and electrical engineering. Its founding principal, Érick Pépin, is identified as incoming GHD Property & Buildings Business Group Leader.
For information and education, not advice for a specific transaction or a prediction of value.
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