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CEDA

Full company profile

uuid0008b36

Namestring
CEDA
Legal namestring
CEDA
Websiteurl
ceda.com
Company typeenum
Private
Founded yearint
1973
Descriptiontext

CEDA is a Calgary-headquartered industrial services company founded in 1973 that provides maintenance, turnaround, and environmental services to oil and gas, mining, chemical, municipal, pipeline, power, pulp and paper, and steel operators across Canada and the United States. The company operates through nine core service lines — pressure, vacuum and fluid transportation; chemical cleaning; tank maintenance and cleaning; pigging and decoking; exchanger services; mechanical and fabrication; manufacturing and process equipment; project services; and tailings management and environmental solutions — supported by differentiated equipment including ultrasonic cleaning technology, a first-of-its-kind Tier 4 electric triple pumper, proprietary water-recycling filtration units, automated tank cleaning ROVs, and 100,000+ square feet of fabrication capacity. CEDA also delivers integrated solutions spanning operations and maintenance, turnarounds and outages, capital projects, and commissioning and startup, enabling it to act as either a single-service provider or full general contractor for facility work.

CEDA generates revenue through two primary streams: industrial maintenance and turnaround services delivered on a project/quote basis, and equipment rental and fabrication sales (including custom ASME Section VIII pressure vessels, fired heaters, separators, and metering skids). Its go-to-market is sales-led B2B with direct field service delivery and 24/7 response capabilities for critical operations. The customer base is diversified across industrial verticals with oil and gas, mining, and pipeline marked as primary segments. In June 2024, CEDA was acquired by Hillcore Group, and the company's former CEO Kevin Fleury and CFO Alan Hartslief subsequently moved up to lead Hillcore Industrial. The company has been recognized as one of Canada's Best Managed Companies for eight consecutive years (Platinum Club status) and won the WEDA Safety Excellence Award in 2024.

Short descriptiontext

CEDA is a Calgary-based industrial maintenance, turnaround, and environmental services provider serving oil and gas, mining, chemical, pipeline, and other heavy-industry operators across Canada and the United States with specialized cleaning, fabrication, and project services.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersCalgary, Canada
HQ citystring
Calgary
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
industrial maintenance services, turnaround services, chemical cleaning, pigging decoking, dredging fluid management
NAICS code1 code
  • Oil and Gas Field Machinery and Equipment Manufacturing333132
SIC code1 code
  • Oil & Gas Field Services, Nec1389
Product category
Industrial Maintenance Services
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Industrial Maintenance Services
TypeProfessional Services
Description

Provides specialized industrial cleaning, maintenance, and turnaround services to oil & gas, mining, chemical, and other industrial sectors. Services range from stand-alone jobs to fully integrated solutions.

ceda.com
2Equipment Rental and Fabrication Sales
TypeHardware Sales
Description

Offers manufacturing and process equipment fabrication, as well as rental fleet of dredges, pumps, and other fluid management equipment

ceda.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

CEDA provides industrial maintenance, turnaround, and environmental services to operators in oil & gas, mining, chemical, pipeline, power, pulp & paper, steel, and municipal sectors. Its service portfolio spans pressure/vacuum fluid transportation, chemical cleaning, tank maintenance and cleaning, pigging and decoking, exchanger services, mechanical and fabrication, dredging and tailings management, and integrated turnkey project execution. The company also designs and fabricates custom manufacturing and process equipment such as fired heaters, separators, TEG dehydrators, pressure vessels, metering skids, and well pad modules.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • First reclamation of an oil sands tailings pond near Fort McMurray, Alberta
Product overview1 text field

CEDA is an industrial maintenance, turnaround and environmental services provider specializing in helping clients drive safe, reliable and efficient operations. The company offers a comprehensive portfolio of services organized around core industrial cleaning, mechanical services, and environmental solutions. CEDA's service lines include Pressure/Vacuum & Fluid Transportation, Chemical Cleaning, Tank Maintenance & Cleaning, Pigging & Decoking, Exchanger Services, Mechanical & Fabrication, Manufacturing & Process Equipment, Project Services, and Tailings Management & Environmental Solutions. The company also provides integrated solutions including Operations & Maintenance, Turnarounds & Outages, Capital Projects, Commissioning & Startup, and Environmental Services. CEDA serves diverse markets including Chemical, Mining, Municipal, Oil & Gas, Pipeline, Power, Pulp & Paper, and Steel industries across Canada and the United States.

Product and service1 record
1Pressure, Vacuum & Fluid Transportation
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Provider of specialty industrial services including cleaning, inspection, and integrity services to refineries, petrochemical plants, and pipelines. Direct overlap with CEDA's chemical cleaning, exchanger, and pipeline pigging offerings.

TypeDirect peer
Description

North America's largest provider of environmental, industrial, and field services to oil & gas, refining, and chemical clients. Directly comparable given overlapping industrial cleaning, tank maintenance, turnaround, and waste management capabilities.

TypeBroad incumbent
Description

Large diversified industrial services provider serving oil & gas, power, and infrastructure customers with maintenance, access, and mechanical services. Comparable customer base with a broader service portfolio than CEDA.

TypeBroad incumbent
Description

European-headquartered industrial services group providing maintenance, turnaround, and process-plant services to energy and process-industry clients. Similar industrial services model and end markets, though geographically broader.

TypeRegional player
Description

Canadian-based energy services company providing midstream processing, waste management, and environmental solutions to oil & gas and industrial customers. Regionally comparable to CEDA's Canadian footprint and overlapping environmental services.

TypeBroad incumbent
Description

Global environmental services and water management company serving industrial, municipal, and energy clients. Comparable in industrial waste handling, environmental services, and water-recycling capabilities that overlap with CEDA's environmental offering.

TypeRegional player
Description

Canadian industrial construction and maintenance services firm serving oil & gas, mining, and infrastructure markets. Comparable Canadian industrial services profile and customer mix to CEDA.

TypeRegional player
Description

Canadian industrial construction and mining services firm serving oil sands, mining, and infrastructure clients. Comparable North American industrial services profile with similar exposure to oil sands and mining end markets.

TypeBroad incumbent
Description

Global energy, chemicals, and resources project services company with significant maintenance, modification, and operations exposure. Overlaps with CEDA in industrial maintenance and capital project execution for energy clients.

TypeDirect peer
Description

Provides industrial cleaning, tank and terminal construction, and turnaround services to the oil & gas, petrochemical, and power sectors. Highly comparable service mix and customer base to CEDA.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

CEDA

Industrial Maintenance Servicesceda.com

CEDA is a Calgary-based industrial maintenance, turnaround, and environmental services provider serving oil and gas, mining, chemical, pipeline, and other heavy-industry operators across Canada and the United States with specialized cleaning, fabrication, and project services.

What CEDA does

CEDA is a Calgary-headquartered industrial services company founded in 1973 that provides maintenance, turnaround, and environmental services to oil and gas, mining, chemical, municipal, pipeline, power, pulp and paper, and steel operators across Canada and the United States. The company operates through nine core service lines — pressure, vacuum and fluid transportation; chemical cleaning; tank maintenance and cleaning; pigging and decoking; exchanger services; mechanical and fabrication; manufacturing and process equipment; project services; and tailings management and environmental solutions — supported by differentiated equipment including ultrasonic cleaning technology, a first-of-its-kind Tier 4 electric triple pumper, proprietary water-recycling filtration units, automated tank cleaning ROVs, and 100,000+ square feet of fabrication capacity. CEDA also delivers integrated solutions spanning operations and maintenance, turnarounds and outages, capital projects, and commissioning and startup, enabling it to act as either a single-service provider or full general contractor for facility work.

CEDA generates revenue through two primary streams: industrial maintenance and turnaround services delivered on a project/quote basis, and equipment rental and fabrication sales (including custom ASME Section VIII pressure vessels, fired heaters, separators, and metering skids). Its go-to-market is sales-led B2B with direct field service delivery and 24/7 response capabilities for critical operations. The customer base is diversified across industrial verticals with oil and gas, mining, and pipeline marked as primary segments. In June 2024, CEDA was acquired by Hillcore Group, and the company's former CEO Kevin Fleury and CFO Alan Hartslief subsequently moved up to lead Hillcore Industrial. The company has been recognized as one of Canada's Best Managed Companies for eight consecutive years (Platinum Club status) and won the WEDA Safety Excellence Award in 2024.

CEDA firmographics

Firmographics
Name
CEDA
Legal name
CEDA
Website
https://ceda.com
Company type
Private
Founded year
1973
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
CEDA is a Calgary-based industrial maintenance, turnaround, and environmental services provider serving oil and gas, mining, chemical, pipeline, and other heavy-industry operators across Canada and the United States with specialized cleaning, fabrication, and project services.
Ownership category
akta.pro rank

Where CEDA is headquartered

Location

Headquarters

HQ city
Calgary
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

CEDA business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

  1. Industrial Maintenance Services: Provides specialized industrial cleaning, maintenance, and turnaround services to oil & gas, mining, chemical, and other industrial sectors. Services range from stand-alone jobs to fully integrated solutions.
  2. Equipment Rental and Fabrication Sales: Offers manufacturing and process equipment fabrication, as well as rental fleet of dredges, pumps, and other fluid management equipment

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

CEDA product offering

Product offering

Core offering

CEDA provides industrial maintenance, turnaround, and environmental services to operators in oil & gas, mining, chemical, pipeline, power, pulp & paper, steel, and municipal sectors. Its service portfolio spans pressure/vacuum fluid transportation, chemical cleaning, tank maintenance and cleaning, pigging and decoking, exchanger services, mechanical and fabrication, dredging and tailings management, and integrated turnkey project execution. The company also designs and fabricates custom manufacturing and process equipment such as fired heaters, separators, TEG dehydrators, pressure vessels, metering skids, and well pad modules.

Product overview

CEDA is an industrial maintenance, turnaround and environmental services provider specializing in helping clients drive safe, reliable and efficient operations. The company offers a comprehensive portfolio of services organized around core industrial cleaning, mechanical services, and environmental solutions. CEDA's service lines include Pressure/Vacuum & Fluid Transportation, Chemical Cleaning, Tank Maintenance & Cleaning, Pigging & Decoking, Exchanger Services, Mechanical & Fabrication, Manufacturing & Process Equipment, Project Services, and Tailings Management & Environmental Solutions. The company also provides integrated solutions including Operations & Maintenance, Turnarounds & Outages, Capital Projects, Commissioning & Startup, and Environmental Services. CEDA serves diverse markets including Chemical, Mining, Municipal, Oil & Gas, Pipeline, Power, Pulp & Paper, and Steel industries across Canada and the United States.

Differentiator

Problem solved

Functional benefit

Products and services

  • Pressure, Vacuum & Fluid Transportation

Quantifiable outcome

  • First reclamation of an oil sands tailings pond near Fort McMurray, Alberta

Companies that use CEDA

Customer profile

Segments8 records

Ideal customer profiles4 records

CEDA technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

CEDA partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

CEDA competitors and assessment

Company assessment

Direct peers

  • Team Inc. Provider of specialty industrial services including cleaning, inspection, and integrity services to refineries, petrochemical plants, and pipelines. Direct overlap with CEDA's chemical cleaning, exchanger, and pipeline pigging offerings.
  • Clean Harbors: North America's largest provider of environmental, industrial, and field services to oil & gas, refining, and chemical clients. Directly comparable given overlapping industrial cleaning, tank maintenance, turnaround, and waste management capabilities.
  • Matrix Service Company: Provides industrial cleaning, tank and terminal construction, and turnaround services to the oil & gas, petrochemical, and power sectors. Highly comparable service mix and customer base to CEDA.

Broad incumbents

  • BrandSafway: Large diversified industrial services provider serving oil & gas, power, and infrastructure customers with maintenance, access, and mechanical services. Comparable customer base with a broader service portfolio than CEDA.
  • Bilfinger: European-headquartered industrial services group providing maintenance, turnaround, and process-plant services to energy and process-industry clients. Similar industrial services model and end markets, though geographically broader.
  • Veolia Environnement: Global environmental services and water management company serving industrial, municipal, and energy clients. Comparable in industrial waste handling, environmental services, and water-recycling capabilities that overlap with CEDA's environmental offering.
  • Worley: Global energy, chemicals, and resources project services company with significant maintenance, modification, and operations exposure. Overlaps with CEDA in industrial maintenance and capital project execution for energy clients.

Regional players

  • SECURE Energy Services: Canadian-based energy services company providing midstream processing, waste management, and environmental solutions to oil & gas and industrial customers. Regionally comparable to CEDA's Canadian footprint and overlapping environmental services.
  • Stuart Olson (now part of Bird Construction): Canadian industrial construction and maintenance services firm serving oil & gas, mining, and infrastructure markets. Comparable Canadian industrial services profile and customer mix to CEDA.
  • North American Construction Group: Canadian industrial construction and mining services firm serving oil sands, mining, and infrastructure clients. Comparable North American industrial services profile with similar exposure to oil sands and mining end markets.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

CEDA social profiles

Digital presence

CEDA financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CEDA leadership team

Management profile

Number of profiles

CEDA funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

CEDA M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CEDA

What does CEDA do?

CEDA provides industrial maintenance, turnaround, and environmental services to operators in oil & gas, mining, chemical, pipeline, power, pulp & paper, steel, and municipal sectors. Its service portfolio spans pressure/vacuum fluid transportation, chemical cleaning, tank maintenance and cleaning, pigging and decoking, exchanger services, mechanical and fabrication, dredging and tailings management, and integrated turnkey project execution. The company also designs and fabricates custom manufacturing and process equipment such as fired heaters, separators, TEG dehydrators, pressure vessels, metering skids, and well pad modules.

Is CEDA a public or private company?

CEDA is a private company. It is classified as private equity controlled and is currently operating.

When was CEDA founded?

CEDA was founded in 1973. It employs 1,001 to 5,000 people.

Where is CEDA based?

CEDA is headquartered in Calgary, Canada, in the North America region.

How does CEDA make money?

Two revenue lines are on record. Industrial Maintenance Services are the primary driver. The others are equipment Rental and Fabrication Sales.

Who are CEDA's main competitors?

Direct peers on record are Team Inc., Clean Harbors and Matrix Service Company. Broad incumbents are BrandSafway, Bilfinger, Veolia Environnement and Worley. Regional players are SECURE Energy Services, Stuart Olson (now part of Bird Construction) and North American Construction Group.

Does CEDA have an API?

No public API is recorded for CEDA.

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Live signals
PTCFieldFX Liberated CEDA From Overpriced and Inefficient Legacy SoftwareIn February 2018, CEDA implemented FieldFX to replace its inefficient legacy field management software. This transition enabled the industrial services provider to automate its quote-to-cash process, eliminate revenue leakage, and reduce Days Sales Outstanding (DSO).OmersprivateequityHillcore Group Completes Acquisition of CEDAHillcore Group completed the acquisition of CEDA on June 18, 2024, taking full ownership of the industrial services firm previously majority-owned by OMERS. The transaction includes approximately 1,500 employees and is intended to leverage Hillcore's resources for CEDA's continued growth while maintaining its existing leadership team. This move marks the end of OMERS' nearly two-decade partnership with the company.NewswireHILLCORE GROUP COMPLETES ACQUISITION OF CEDAHillcore Group has successfully completed its acquisition of CEDA as of June 18, 2024, enhancing CEDA's growth potential and aligning with its strategic objectives. This acquisition will allow CEDA to leverage Hillcore's resources and capabilities, with CEDA's leadership continuing to run the business. Both companies anticipate significant opportunities for innovation and growth moving forward.BenzingaHILLCORE GROUP COMPLETES ACQUISITION OF CEDAHillcore Group completed the acquisition of CEDA on June 18, 2024, taking over the company which was previously majority-owned by OMERS. The deal brings approximately 1,500 employees under Hillcore's management, with existing leadership continuing to operate the business to ensure continuity.SwissreCEDA, IADC and Vital Ports present report "Financing of Sustainable Marine and Freshwater Infrastructure"CEDA, IADC and Vital Ports presented a joint report at the World Economic Forum's Sustainable Development Impact Summit exploring how private capital can finance sustainable marine and freshwater infrastructure projects. The report identifies nine case studies and concludes that while sustainable waterborne infrastructure solutions exist and are economically viable, private capital uptake is hindered by unfamiliarity between the financial and dredging sectors. Key recommendations include developing standard legal and financial frameworks, harmonizing ESG reporting, and leveraging the insurance industry as a 'de-risker' to attract institutional investment.