Atwill-Morin acquires assets of Brook Restoration

Key Takeaways:

• Atwill-Morin has completed the court-approved acquisition of Brook Restoration’s assets, securing over 20 active building envelope contracts worth $100 million.
• The transaction preserves ongoing jobsite operations in the GTA and integrates approximately 80 former Brook Restoration staff into Atwill-Morin’s 1,200-person workforce.
• More than 140 subcontractors will remain engaged to finish ongoing commercial, institutional, and high-rise restoration projects without interruption.

The Whole Story:

Masonry, concrete, and scaffolding contractor Atwill-Morin has finalized the asset takeover of Toronto-based Brook Restoration, acquiring equipment and more than 20 active project contracts valued at approximately $100 million. The transaction, which received approval from the Ontario Superior Court, follows Brook Restoration’s insolvency proceedings.

Founded in 2000, Brook Restoration built a specialized portfolio focused on high-rise, commercial, and institutional building envelope projects across the Greater Toronto Area (GTA). Under the terms of the court-approved purchase agreement, Atwill-Morin has integrated approximately 80 former Brook Restoration employees into its workforce, ensuring project continuity across active job sites and protecting the investments of property owners. More than 140 subcontractors remain engaged to complete ongoing construction.

“The projects taken over represent approximately $100 million in original contract value, and some 80 skilled workers are now in the Atwill-Morin fold,” said Matthew Atwill-Morin, President and CEO of Atwill-Morin. “This transaction adds a great deal of expertise to the Atwill-Morin family, which now numbers more than 12 hundred.”

The strategic acquisition accelerates Atwill-Morin’s expansion plans across Ontario and solidifies its operating footprint in the GTA market. Executive Vice President Nicolas Croteau described the deal as “the most significant transaction in the history of Atwill-Morin,” noting that the expanded scale improves the firm’s competitive position for large-scale institutional and commercial rehabilitation projects. Specific financial terms of the asset purchase were not disclosed.