Hibco Construction

What Hibco Construction does

Hibco Construction is a privately held, full-service general construction company headquartered in Edmonton, Alberta. Founded circa 2009-2010, the company operates across two primary service lines: residential construction (custom home builds, renovations, infill projects, acreage properties) and commercial construction (medical facilities, office construction, tenant improvements, design-build, and pre-construction services). Following the November 2022 merger with Encore Construction's modular operations, Hibco expanded into mid-to-large-scale modular installations spanning 6 provinces and territories, including Canada's first 6-story wood-framed modular building and the Veterans Village in Edmonton. Specialized trade services including millwork, drywall, painting, and demolition round out the offering.

The company's core technology and capability stack centers on traditional construction management, design-build delivery, cost estimating, and pre-construction planning, with the modular construction arm providing a differentiated technical capability in factory-built structural assembly for residential, commercial, and institutional projects. The business operates a project-based revenue model with one-time engagements priced via quote-based estimates rather than disclosed pricing tiers. Go-to-market is direct-to-client via phone, email, and website lead generation, complemented by content marketing, social media presence, and community engagement. Customer segments include residential property owners (primary), commercial enterprises (primary), and government/institutional clients (selective), with notable penetration in the Alberta healthcare vertical.

Ownership is founder-led under President and CEO Hani Barzagar, with Michel Hetu (former Encore Construction president) leading the Commercial and Modular Division post-merger. No venture capital, private equity, or institutional investor ownership is evidenced. The company maintains BBB accreditation, Edmonton Chamber of Commerce membership, and IDEA Infill Edmonton affiliations, and operates from a single headquarters in Edmonton with project reach across Western Canada.

Name

Hibco Construction

Legal name

Hibco Construction

Website

https://hibco.ca

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Hibco Construction is an Edmonton-based, privately held full-service general contractor offering residential construction, commercial construction, and (post-2022 Encore merger) modular installations for healthcare, institutional, and government clients across Western Canada.

Ownership category

akta.pro rank

Product category

General Construction Services

NAICS

Commercial and Institutional Building Construction (236220), Commercial and Institutional Building Construction (23622), Nonresidential Building Construction (2362), Residential Building Construction (2361)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Office & Corporate Building Construction (IMAFACAA)

akta.pro secondary industries

Healthcare Facility Construction (Hospitals, Clinics, Labs) (IMAFACAD), Residential General Contracting (New Build) (IMAFAAAB), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Commercial construction
• Residential construction
• Modular construction
• Construction management
• Design-build services

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Construction Services: Project-based one-time revenue from residential and commercial construction services. Services include new builds, renovations, tenant improvements, millwork, drywall, painting, and demolition. Revenue generated through project contracts with individual clients rather than recurring arrangements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Hibco Construction is a full-service general contractor based in Edmonton, Alberta, providing commercial and residential construction services including new builds, renovations, demolition, restoration, design-build, cost estimating, pre-construction planning, and tenant improvements. Following a November 2022 merger with Encore Construction's modular operations, the company also offers wood-framed modular construction services for residential and commercial applications.

Product overview

Hibco Construction is a full-service construction company offering two core divisions: Commercial Construction Services and Residential Construction Services. The company provides a comprehensive range of construction offerings including construction management, modular construction (following the 2022 merger with Encore Construction), design-build, cost estimating, and pre-construction services. They also offer specialized trade services such as tenant improvement, millwork, drywall, painting, and demolition. The product portfolio centers on delivering construction projects from initial design through final completion for healthcare, commercial, and residential clients in Edmonton and surrounding areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Construction Services

Named customers12 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Encore ConstructioncoreStrategic or Co-development Partner · 1 November 2022Merger of Hibco's Commercial Division with Encore Construction's industry-leading modular operations. Encore specializes in mid to large-scale residential, commercial, and institutional modular installations, having executed projects in 6 provinces and territories over 11 years. The merger brings Encore's President Michel Hetu as Commercial and Modular Division Manager at Hibco. Projects include Canada's first 6-story wood-framed modular building and the Veterans Village in Edmonton.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• EllisDon: Major national Canadian general contractor delivering commercial, healthcare, and civil work across Canada. Competes for the same mid-to-large institutional tenders Hibco targets with modular.
• PCL Construction: Largest Canadian general contractor with deep commercial, institutional, and modular exposure nationally. Represents the scale-up competitive benchmark for Hibco's commercial and healthcare ambitions.
• Bird Construction: Established national Canadian general contractor with strong institutional, commercial, and industrial portfolios following the Stuart Olson acquisition. Competes for healthcare and institutional mandates nationally.
• ATCO Structures & Logistics: Diversified modular solutions provider with workforce housing, school, and institutional modular products across Canada. Represents a scaled incumbent in the modular sub-segment Hibco is pursuing.

Direct peers

• Clark Builders: Western Canada general contractor with strong healthcare, education, and institutional portfolios, including modular and pre-engineered work. Highly comparable in regional footprint, vertical mix, and project size.
• Chandos Construction: Employee-owned national Canadian general contractor offering integrated construction management, design-build, and pre-construction across commercial and institutional sectors — closely comparable in scope and operating philosophy.
• Ledcor Group: Western Canada-based general contractor with overlapping commercial, residential, and modular/service capabilities. Hibco has even delivered as a subcontractor to Ledcor, evidencing direct market overlap in Edmonton commercial construction.

Regional players

• Graham Construction: Western Canadian-headquartered general contractor active in commercial, healthcare, and institutional projects. Comparable regional concentration and vertical exposure, though at larger scale.
• Pomerleau: Eastern Canadian-headquartered general contractor with national reach across commercial, institutional, and modular work. Comparable in offering breadth, though geographically weighted differently from Hibco.

Emerging players

• NRB Modular Solutions: Canadian modular construction specialist focused on multi-story residential, commercial, and institutional modular buildings. Directly competes with Hibco's Encore-derived modular offering in the same national customer set.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HIBCOCrafted
• YouTubeyoutube.com/channel/UC7iVisIdAnjOQ90x4XgI-lw
• Facebookfacebook.com/hibcoconstruction
• Instagraminstagram.com/hibco

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Hibco Construction