Consolidated Utility Services, Inc. Acquired by OMERS Private Equity

Friday, July 29, 2011

William Blair & Company acted as exclusive financial advisor to   Consolidated Utility Services, Inc. (CUS or the company), a   portfolio company of Tricor Pacific Capital, Inc. (Tricor Pacific), in connection with the Company's sale to United States Infrastructure Corporation (USIC), a portfolio company of OMERS Private Equity (OMERS).

CUS is North America's premier provider of a full spectrum of utility damage prevention process services and solutions. CUS's customers include companies in the utility (gas, electric, water, sewer), telecommunications and cable industries. The company provides critical services that help customers manage cost and service risks associated with damage to their buried infrastructure caused by a broad range of excavation activity. CUS supports more than 150 customers with its diversified service offerings in 15 states and Canada.

USIC is a leading provider of utility infrastructure locating services, with over 3,000 highly-trained utility locating technicians protecting the assets of over 90% of the Fortune 500 Utility and Telecommunications Companies throughout 19 states. USIC serves a diverse customer base of over 500 leading utility, telecommunications and private infrastructure companies and is an industry leader in volume, accuracy, timeliness, and customer satisfaction.

Tricor Pacific is a leading private equity firm that invests in profitable, well-managed, middle-market companies with offices in Lake Forest, Illinois, and Vancouver, British Columbia. OMERS manages the private equity activities of one of Canada's largest pension funds and has over $5.5 billion of investments under management with offices in Toronto, London ,and New York.

In 2009, William Blair was retained by CUS to explore the possible acquisition of USIC. In January 2011, William Blair was engaged to originate discussions with OMERS, the new controlling shareholder of USIC, regarding a sale of the business to USIC. William Blair led negotiation of the letter of intent, assisted in the management of the due diligence process and worked with the sellers and counsel to finalize a definitive agreement and close the transaction.

For additional information about how the investment banking professionals at William Blair can help your business or portfolio company, please visit our website,, or contact us via e-mail at

William Blair & Company's recent Commercial Services transactions.

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