Business Moves: July 2026

Procore to acquire DroneDeploy

Procore Technologies has announced an agreement to acquire DroneDeploy, a robotics and visual intelligence platform specializing in aerial and ground imaging for construction. The acquisition combines Procore’s AI capabilities with DroneDeploy’s extensive visual field data—approximately 20 trillion square feet—to create an advanced jobsite intelligence platform. The integrated solution will enable construction teams to track progress, identify risks earlier, enhance safety protocols, and improve overall project confidence through AI-driven visual analysis and decision-making support.

A.C.L begins public trading

A.C.L. Construction Ltd. has commenced trading on the OTCQB Venture Market under ticker symbol “AACLF”. The British Columbia-based civil construction and underground utilities provider views this listing as a strategic milestone to broaden its investor base and enhance U.S. market access. The quotation provides American investors with easier access to real-time trading information and financial disclosures, supporting A.C.L.’s long-term growth strategy and capital attraction objectives.

North American Construction acquires Australian contractor

North American Construction has officially closed its acquisition of Iron Mine Contracting, significantly expanding its Australian operations. This strategic move strengthens the company’s international footprint and consolidates its position in the mining contracting sector. The acquisition marks a key milestone in North American Construction’s growth strategy, bringing Iron Mine Contracting’s expertise and established operations into the broader organization.

Allmar purchases door provider

Allmar Inc. is acquiring Apex Door Opening Solutions, effective June 1st, 2026, marking a strategic expansion into Atlantic Canada. The acquisition aligns with Allmar’s national growth objectives and strengthens its market presence in Nova Scotia and New Brunswick. The move enables Allmar to expand its customer base, increase market share, and leverage new opportunities across the region while welcoming Apex’s employees into the Allmar family.

Enviro-Ex acquires Prince George paving company

Enviro-Ex has announced the acquisition of Columbia Bitulithic, a historic paving company based in Prince George, B.C. This marks the first time in the company’s history that it will be locally owned and operated. The acquisition represents a significant shift toward local ownership and decision-making in Northern B.C., with profits reinvested into local jobs, equipment, and community growth.

Palantir partnership extended to 2035

Thomas Cavanagh Construction Limited has extended its strategic partnership with Palantir Technologies through December 31, 2035, creating an 11-year total agreement. The extended partnership leverages Palantir Foundry as the operational backbone, transforming data management across the construction lifecycle. Over the past 18 months, Cavanagh has consolidated multiple software platforms into Foundry, rebuilding critical workflows to enhance real-time visibility, planning capabilities, and operational efficiency. The company is now commercializing Foundry-powered solutions across the construction industry.

Fort Modular acquires MSS portfolio

Fort Modular Inc. has successfully acquired a significant portfolio of Modular Space Solutions (MSS) rental fleet assets, strengthening its capacity to meet growing client demand across Western Canada. The strategic acquisition complements Fort Modular’s ongoing manufacturing of new MSS rental solutions, positioning the company to enhance service delivery and expand its market presence in the region.

GMS Canada acquires Peridot Supply

GMS Canada has acquired Peridot Supply, a premier distributor of roofing and building envelope materials operating in Brampton, Ottawa, and Dorchester. This strategic acquisition strengthens GMS Canada’s Ontario service capabilities and capacity while maintaining Peridot’s established leadership team and brand identity. The move enhances the company’s regional distribution network and positions it to better serve the Ontario construction market.

Brookfield sells Multiplex for $650M

Brookfield has agreed to sell Multiplex, a major construction and development firm, to Japan’s Obayashi Corporation for $650 million. During its 19-year ownership, Brookfield-owned Multiplex delivered landmark Australian projects including Western Sydney International Airport, Collins Arch in Melbourne, and Jewel Towers on the Gold Coast, while expanding globally across healthcare, stadiums, data centers, and mixed-use developments. The sale marks a new chapter for the construction company.

Brookfield acquires Gregg Distributors

Brookfield has acquired Edmonton-based Gregg Distributors for $1.6 billion, marking a significant expansion of its distribution and logistics portfolio. The acquisition strengthens Brookfield’s presence in Canada’s essential goods distribution sector, adding Gregg’s established network and operational capabilities to its growing infrastructure and asset management business. This strategic move enhances Brookfield’s ability to serve customers across key markets while leveraging its expertise in managing critical supply chain infrastructure.

GIP expands presence in the Praires

Green Infrastructure Partners has expanded its Prairie operations by welcoming Potzus Paving & Road Maintenance Ltd. and Truck Saver Service (Yorkton) Ltd. into the GIP family. Operating as GIP Potzus Paving Ltd. from July 2026, the Yorkton-based company brings over 60 years of infrastructure expertise across Saskatchewan. The acquisition strengthens GIP’s civil construction and integrated infrastructure capabilities throughout the Prairie Provinces, supporting long-term growth across Western Canada.

Bridgit announces suite of agentic tools

Bridgit has expanded its AI platform with the launch of Bridgit agents and the Bridgit MCP, enabling workforce planning automation for construction contractors. The five new agents—Team Builder, Assignment Finder, Project Change Digest, Project Org Chart, and Workforce Brief—automate complex planning tasks while providing transparent reasoning for recommendations. Additionally, the Bridgit MCP integrates live workforce data into popular AI assistants like Claude and ChatGPT, allowing planners to leverage Bridgit’s data without switching tools.

Virtual Trades launches training platform for Western Canada

Virtual Trades Inc., an Alberta-based SaaS company, has launched to address Western Canada’s skilled trades workforce shortage. Partnering with Austin-based Interplay Learning, the platform delivers immersive, simulation-based training across 16 core trades including plumbing, electrical, and HVAC. With Alberta facing a potential shortfall of 15,400 skilled trades workers by 2034, Virtual Trades enables employers, unions, and training providers to expand hands-on learning without physical infrastructure, improving safety and accelerating workforce readiness across Alberta and Saskatchewan.

Pomerleau partners with First Nations

Pomerleau and First Nations partners have joined forces to deliver infrastructure projects, combining expertise and local knowledge to advance development initiatives. This collaboration reflects a commitment to inclusive partnership models that leverage both corporate capabilities and Indigenous community insights. The partnership positions both parties to contribute meaningfully to infrastructure advancement while fostering stronger relationships between industry and First Nations stakeholders in the region.

Bird secures $1B in construction work

Bird Construction has secured $1 billion in construction work, marking a significant expansion of its project portfolio. This substantial contract win demonstrates strong market demand for the company’s services and positions Bird to undertake major infrastructure and construction initiatives. The secured work reflects the company’s competitive capabilities and growing presence in the construction sector.

AtkinsRéalis announces 4 new CANDU ambassadors

AtkinsRéalis has welcomed four new Ambassadors to the Canadians for CANDU campaign: Eclipse Automation, Fermi Solutions, Imagine 4D, and Stern Laboratories. These organizations bring expertise in advanced manufacturing, nuclear engineering, digital twin technology, and reactor safety. The additions reflect growing momentum behind Canada’s sovereign nuclear industry, which extends beyond electricity generation to support high-skilled jobs, innovation, and scientific research across the country.

LineStar obtains assets from Ultimate Tool & Safety

LineStar Utility Supply has acquired certain assets of Ultimate Tool & Safety, marking its strategic entry into the U.S. market. The transaction represents a significant milestone in the company’s growth trajectory, following successful expansion across Canada. With backing from CAI Capital Partners, LineStar is leveraging its established Canadian capabilities to establish a footprint in the American market, positioning itself to serve growing demand in the utility supply sector.

AtkinsRéalis inks MOU with Indigenous firm

AtkinsRéalis has signed a memorandum of understanding with Indigenous-owned firm, Scout Engineering, to collaborate on joint bids for upcoming projects. This strategic partnership reflects the company’s commitment to fostering inclusive business practices and expanding opportunities within Indigenous communities. The collaboration aims to leverage combined expertise and resources to pursue competitive opportunities in the construction and engineering sectors.

LNG Canada announces equity partnership with First Nations

LNG Canada has announced a historic equity partnership with five First Nations, granting them an option to invest up to $1 billion for majority ownership of a planned Phase 2 storage tank. The 225,000 m³ tank will be leased back to LNG Canada, generating long-term stable returns for the Indigenous-led partnership. The agreement, conditional on a Final Investment Decision by end of 2026, represents a significant shift toward Indigenous equity participation in major Canadian infrastructure projects.