Established in 1991, SmogBuster provides confined space ventilation, particle filtration and climate control services as well as field services and shutdown planning, across Canada and internationally. This is Mikisew Group's second major investment in the confined space service industry this year, following its investment in remote confined space monitoring company Impact Safety Solutions.
“SmogBuster is an established and highly reputable operator within the confined space service industry, and we're delighted to have them join the Mikisew Group family,” said Mikisew Group CEO Dan Gallagher. “It is an excellent fit with the traditional confined space services that Mikisew Group has provided to the oil and gas sector for more than 25 years, and an excellent fit with our recent acquisition of Impact Safety Solutions. Together, these two businesses will have a broader reach, unlock innovation, and realize significant growth synergies. Both companies will provide improved services to our customers as we harness their combined knowledge, strengths and abilities."
About 50% of SmogBuster’s revenue is derived from the oil and gas sector.
"With this latest investment, Mikisew Group's private equity portfolio continues to grow as we execute our strategic plan. Diversification and long-term sustainability are two of our highest priorities when it comes to investments and this acquisition checks these boxes," added Gallagher.
Glenn Suggitt, SmogBuster's VP of Shared Services and Operations, said: "We're delighted to see SmogBuster join Mikisew Group and we are excited to have the opportunity to build strong working relationships with service providers like Impact Safety Solutions. Mikisew's directive of strategic, sustainable growth for long-term prosperity is a perfect match for our own mission and vision, and we are excited for this next phase of growth under their direction."