Calgary, Alberta — Oct. 22, 2019 — Two Alberta businesses, a towing company and a landscape maintenance company, have announced a merger to form one of Canada’s largest municipal external service providers.
The merger is between City Wide Towing and Recovery Service, a Calgary, Alta.-based vehicle towing service, and ULS Maintenance and Landscaping in Rocky View, Alta. ULS provides snow and ice management, garbage collection, landscape maintenance and other related services to municipal and commercial clients across Western Canada.
Signal Hill Equity Partners provided growth capital for the transaction. According to the companies, the new partnership will form a market leader in exterior services, with more than 500 employees and five operational hubs in Alberta and Saskatchewan. The new company will serve more than 30 towns, cities and municipalities. The two companies said the transaction creates Western Canada’s largest diversified municipal external services company.
“We are looking forward to working with ULS,” said Eytan Broder, CEO of City Wide Towing. “By partnering with Western Canada’s largest landscape maintenance and snow removal company, we are executing on our strategy of building a diversified national municipal and commercial services provider.”
City Wide Towing has provided towing and recovery services across Alberta since 1963. Its services include towing, equipment transportation, boosting, lockouts, fuel delivery, tire changes and other specialty services in the surrounding areas. According to the company, it operates the largest towing and recovery fleet in Western Canada, providing services to various auto clubs, insurance companies, equipment rental companies, auto dealerships and municipalities.
Established in 1989, ULS has provided year-round services in landscape design, construction, maintenance, and snow and ice management to clients in Alberta and Saskatchewan.
One Response
The merger between City Wide Towing and ULS Maintenance and Landscaping appears significant for the industry, thanks. Can you provide more details on the implications and goals of this merger as discussed in the article?