According to Boone, McAmis primarily serves federal clients and has long-standing relationships with the U.S. Department of Defense and the U.S. Army Corps of Engineers. In the Q&A, management said the “vast majority” of McAmis’ work is Army Corps of Engineers projects, estimating that more than 80% is Army Corps work.Boone said McAmis has more than five decades of experience delivering marine solutions such as jetty and breakwater construction, dredging, environmental restoration and rehabilitation, and da ...

Orion Group (NYSE:ORN) M&A announcement February 04, 2026 10:00 AM ET Company ParticipantsAllison Vasquez - CFOBrent Thielman - Managing DirectorGerry Sweeney - Managing DirectorLiam Burke - Managing DirectorMargaret Boyce - Head of Investor RelationsTomo Sano - Managing DirectorTravis Boone - President and CEOConference Call ParticipantsAaron Spychala - Research AnalystMin Cho - Equity Research AnalystOperatorGood day, and welcome to the Orion Acquisition Conference Call. All participants will be in a list ...

February 4, 2026 Investor Presentation: Orion Acquisition of J.E. McAmis Disclaimer This presentation contains, and the officers and directors of the Company may from time to time make, statements that may constitute or include projections or other forward-looking statements within the meaning of the "safe harbor" provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, of which provisions the Company is availing itself. Certain ...

Summary of Bird Construction Conference Call Company and Industry - **Company**: Bird Construction - **Acquisition Target**: Fraser River Pile and Dredge (FRPD) - **Industry**: Infrastructure and Construction, specifically focusing on marine construction, land foundations, and dredging Key Points and Arguments 1. **Acquisition Details**: Bird Construction has entered into a definitive share purchase agreement to acquire FRPD for an estimated aggregate consideration of **$82.3 million** [4][12][15] 2. **Strategic Rationale**: The acquisition aims to enhance Bird's infrastructure presence across Canada and expand its self-perform capabilities, particularly in marine construction and dredging [4][6][20] 3. **FRPD Profile**: FRPD is Canada's oldest and largest privately owned marine construction and dredging company, founded in **1911**, with over **300 employees** and a strong reputation for safety and quality [5][6] 4. **Market Demand**: There is a growing demand for specialized infrastructure services, particularly in marine construction, which is expected to outpace industry capacity [9][20] 5. **Financial Impact**: The acquisition is expected to be accretive to Bird's EBITDA margin and adjusted earnings per share, moving closer to a strategic EBITDA margin target of **8%** by **2027** [8][13][23] 6. **Revenue Projections**: FRPD is projected to generate approximately **$160 million** in revenue and **$20 million** in adjusted EBITDA annually [13][18] 7. **Backlog and Pipeline**: FRPD has a healthy backlog and a multiyear recurring work program, including a significant contract for dredging the Fraser River, which has been in place for over **35 years** [12][14][21] 8. **Cultural Alignment**: There is a strong cultural alignment between Bird and FRPD, which is expected to facilitate seamless integration and collaboration [6][17] 9. **Cross-Selling Opportunities**: The acquisition opens up robust cross-selling opportunities with existing clients and projects, enhancing Bird's service offerings [8][20][80] 10. **Future Growth**: Bird anticipates that FRPD will act as a catalyst for growth in its other businesses, leveraging combined capabilities to access new clients and larger projects [16][17] Additional Important Information 1. **Regulatory Approval**: The transaction is subject to regulatory approvals, including the Competition Act, with expectations to close in early **2025** [14][41] 2. **Debt Management**: The acquisition will be funded through a new term debt facility, and Bird expects to maintain low leverage post-acquisition [12][21] 3. **Dividend Policy**: Bird continues to target a dividend payout ratio of **33%** of GAAP net income over its strategic plan period from **2025 to 2027** [22] 4. **Market Landscape**: The competitive landscape includes both private players and potential government involvement, but Bird does not anticipate significant margin pressure in the current market [9][92] 5. **Future M&A Activity**: Bird remains open to future M&A opportunities that fit its strategic profile, particularly those that can enhance its capabilities and market position [81][85] This summary encapsulates the key points discussed during the conference call regarding Bird Construction's acquisition of FRPD, highlighting the strategic importance, financial implications, and future growth potential within the infrastructure sector.