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Focus Acquires Waberski Darrow Survey Group Ltd.
April 4, 2007
EDMONTON, ALBERTA-Focus Corporation (Focus) is pleased to announce the
strategic acquisition of Waberski Darrow Survey Group Ltd. (Waberski).
Founded in 1982, Waberski is a full service geomatics firm based in Fort St.
John, British Columbia. Waberski is comprised of 70 dedicated professionals
whose primary business is legal, engineering and geodetic surveying in the
Peace Region of northwestern Alberta and northeastern British Columbia.
Waberski is a leading service provider to the oil and gas, residential,
commercial and municipal markets in the region. All Waberski employees will
join Focus and play an integral role for years to come.
"The Waberski acquisition brings tremendous benefits to our company and our
clients," explains John Holmlund, Focus CEO. "This deal is strategically
aligned with our vision for growth and will strengthen our reputation as the
premier provider of geomatics and engineering related services to the oil and
gas industry throughout Western Canada."
"This an excellent opportunity for our company to follow through on our growth
plans for the future," says Jeff Robertson, President of Waberski. "We realized
that we needed to enhance our strategic planning, human resources initiatives
and access to technology as well as provide additional career opportunities for
our employees. Joining Focus will help us achieve these goals," adds Robertson.
With the addition of Waberski, Focus has strengthened its ability to service
the needs of oil and gas producers operating in northeastern British Columbia.
Focus is the largest provider of land surveying, mapping and related services
to the oil and gas industry in Western Canada and also provides engineering
design, procurement and construction management (EPCM) services for oil and gas
facilities, pipelines and coalbed methane projects.
Focus completed the necessary due diligence of the acquisition with the support
of its equity partner, KRG Capital Partners (KRG), a private equity firm based
in Denver, Colorado. For Focus, this partnership has created the opportunity
for significant growth, additional investment potential and more enhanced
services for its clients.
Focus is a multi-disciplinary consulting firm providing a range of engineering,
geomatics, planning and project management services to clients involved in oil
and gas, oil sands, infrastructure, land development and environmental
projects. Since 1977, clients have relied on Focus to deliver world-class
technical solutions that optimize their investments, improve their competitive
position and increase their long-term success. Focus employs more than 1300
staff in 20 offices throughout Western Canada.
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