Magna IV Engineering
- Company typePrivate
- Founded1982
- HeadquartersEdmonton, Canada
- Headcount101–250
- GTM typeB2B
- OfferingServices
Magna IV Engineering firmographics
Firmographics- Name
- Magna IV Engineering
- Legal name
- Magna IV Engineering, Inc.
- Website
- https://magnaiv.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Magna IV Engineering industry classification
Industry- Product category
- Electrical Engineering Services
- NAICS
- Engineering Services (541330), Electronic and Precision Equipment Repair and Maintenance (811210)
- SIC
- Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Testing, Inspection, Certification & Commissioning (TICx) Technical Services (BPAHAIAL)
- akta.pro secondary industries
- Engineering design services (line design, substation design, civil/structural) (EUADAKAG), O&M, Upgrades & Refurbishment of T&D Assets (Reconductoring, Rebuilds) (IMAFAHAM), Testing, Commissioning & Electrical Safety (NFPA 70E/Arc Flash) (EDAOABAM)
Keywords
Where Magna IV Engineering is headquartered
LocationHeadquarters
- HQ city
- Edmonton
- HQ country
- Canada
- HQ region
- North America
Offices14 records
Markets served
Magna IV Engineering business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Technical Field Services: NETA-accredited electrical testing, maintenance, commissioning, and repair services. Includes high voltage testing, infrared inspection, insulating fluid analysis, and emergency response services delivered by certified technicians.
- Electrical Engineering Consulting: Engineering studies, arc flash analysis, protective device coordination, power factor correction, harmonics analysis, load flow studies, and engineering design services for greenfield and brownfield projects.
- Electrical Safety Training: Classroom and on-site training programs including Arc Flash & Electrical Safety ($440/person), Qualified Electrical Worker 2-Day ($880/person), Non-Electrical Worker Safety ($340/person), and refresher courses. Delivered at company facilities or client sites.
- Switching Device Restoration: Life extension services through BBS Canada including switching device maintenance, reconditioning (Class 2), and remanufacturing (Class 1) for circuit breakers, disconnect switches, and contactors.
- Switchgear Modernization: Retrofit, refurbishment, and modernization services for aging switchgear including bus bracing, air to vacuum breaker upgrades, and component replacement without wholesale replacement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Arc Flash & Electrical Safety - One-day course |
| Unit Pricing | Pay-as-you-go | Qualified Electrical Worker (2-Day) - Two-day intensive course |
| Unit Pricing | Pay-as-you-go | Non-Electrical Worker Safety - Half-day course |
| Unit Pricing | Pay-as-you-go | Refresher: Arc Flash - Half-day refresher |
| Unit Pricing | Pay-as-you-go | Refresher: QEW - Refresher course |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Magna IV Engineering product offering
Product offeringCore offering
Magna IV Engineering is a NETA-accredited provider of electrical engineering consulting, automation and control solutions, technical field services (testing, maintenance, commissioning), and life extension/remanufacturing services for high, medium, and low voltage power systems. It also delivers electrical safety training programs (Arc Flash, Qualified Electrical Worker, Non-Electrical Worker, and refresher courses) through classroom and on-site delivery. Its subsidiary BBS Canada provides breaker restoration, while clients span industrial, utility, data center, oil & gas, mining, and infrastructure/commercial sectors across North and South America.
Product overview
Magna IV Engineering is a NETA-accredited power and automation solutions provider founded in 1982, offering a comprehensive portfolio of interconnected services. The core offerings include Electrical Engineering consulting, Automation Solutions, and Technical Field Services supported by NETA accreditation. The company provides specialized services including Power System Maintenance, Engineering Studies, Switchgear Modernization, Switching Device Remanufacturing, and Life Extension Services. Safety-focused offerings include Arc Flash Safety services and comprehensive Electrical Safety Training programs. The subsidiary BBS Canada specializes in breaker restoration and switching device remanufacturing. Training products include Arc Flash & Electrical Safety Training, Qualified Electrical Worker Training, Non-Electrical Worker Safety Training, and Customized Electrical Subject Matter Training. Additional services include Infrared Inspection & Analysis, Insulating Fluid Analysis, Emergency Call Out Service, and Custom Engineered Product Solutions.
Differentiator
Problem solved
Functional benefit
Brands
- BBS Canada: Breaker restoration specialists specializing in switching device reconditioning and remanufacturing. Provides cost-effective solutions for circuit breakers, disconnect switches and contactors including Class 1 and Class 2 reconditioning, asbestos abatement, and circuit breaker life extension services.
Products and services
- Electrical Engineering Electrical engineering consulting from concept through startup for greenfield or brownfield projects, supporting high, medium, and low voltage systems, delivered by professional engineers with field experience.
- Automation Solutions End-to-end project lifecycle support for automation and control systems, from standalone machine controls to complex plant-wide networked automation, instrumentation, and information solutions.
- Technical Field Services NETA-accredited high voltage electrical maintenance, testing, and commissioning services performed on-site by certified technicians, including 24/7 emergency response.
- Life Extension Services Reconditioning, refurbishment, and targeted restoration of electrical equipment to restore reliability, improve safety, and extend service life, including switchgear retrofit and breaker remanufacturing.
- Electrical Safety Training Electrical safety training program including Arc Flash & Electrical Safety, Qualified Electrical Worker, Non-Electrical Worker Safety, and refresher courses, delivered in classrooms at Edmonton, Calgary, and Denver facilities or on-site at client locations.
- Arc Flash & Electrical Safety Training One-day classroom course covering hazards present while installing, operating, maintaining, or working near electrical equipment, based on CSA Z462 and NFPA 70E; priced at $440 +GST per person ($400 per person for groups).
- Qualified Electrical Worker (2-Day) Training Two-day intensive course covering hazards while installing, operating, maintaining electrical equipment or performing energized electrical work tasks; priced at $880 +GST per person ($800 per person for groups of 6+).
- Non-Electrical Worker Safety Training Half-day course tailored for non-electrical workers covering the basics needed to work safely around electrical equipment and identify hazards; priced at $340 +GST per person.
- Customized Electrical Subject Matter Training Site-specific electrical training programs tailored to the exact conditions, infrastructure, and risk profiles of client facilities, delivered on-site by Magna IV engineers with hands-on field experience.
- BBS Canada Switching Device Restoration Subsidiary offering switching device restoration for circuit breakers, disconnect switches, and contactors, including Class 1 remanufacturing, Class 2 reconditioning, asbestos abatement, and circuit breaker life extension services.
Quantifiable outcome
- 0.0 Average lost time injuries since 2011
- +3 more outcomes
Companies that use Magna IV Engineering
Customer profileNamed customers5 records
Segments7 records
Ideal customer profiles6 records
Magna IV Engineering technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Magna IV Engineering partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Struthers Technical Solutions Ltd.coreSunbelt Solomon (parent company) acquired Struthers Technical Solutions Ltd. in October 2024. Founded in 2011 in Penticton, BC, Struthers Tech is a highly skilled electrical engineering consulting firm. Chris Struthers continues as President reporting to Kelly Butz. The acquisition expands Sunbelt Solomon's presence in British Columbia and HV/MV transmission/distribution segments, industrial automation, and mining, data center, power generation/renewables, and utility markets.
- Power Solutions GroupcoreCopley Equity Partners merged Magna IV Engineering with Power Solutions Group in June 2021. Power Solutions, founded in Tipp City, Ohio in 2006, is a NETA accredited power & automation solutions provider. Barry Willoughby retained significant ownership and continued to lead the combined business. Merger created a leading NETA accredited services provider with 16 offices and 180 technicians and engineers.
- BBS Canada Ltd.coreBBS Canada Ltd. is a subsidiary of Magna IV Engineering specializing in switching device restoration. Based in Saskatoon, BBS provides breaker restoration services including Class 1 Reconditioning (remanufacturing) and Class 2 Reconditioning (reconditioning) for circuit breakers, disconnect switches, and contactors. BBS is also a Sunbelt Solomon company.
Scale indicators11 records
Recent moves8 records
Expansion highlights4 records
Magna IV Engineering competitors and assessment
Company assessmentBroad incumbents
- ABB: Global electrification and automation company offering electrical engineering studies, substation commissioning, and lifecycle services for industrial, utility, and data-center customers as part of its broader portfolio.
- Eaton Corporation: Global power-management manufacturer whose Electrical Engineering Services and Power Components division delivers testing, engineering studies, and switchgear modernization — overlapping with Magna IV's offerings as part of a much broader portfolio.
- Vertiv Holdings: Provider of critical digital infrastructure and continuity services including electrical power testing, commissioning, and lifecycle services for data centers and industrial customers — overlapping with Magna IV's data-center power-quality and UPS backup offerings.
- Quanta Services: Large publicly traded infrastructure-services company providing T&D engineering, construction, and testing services across North America — a scaled incumbent serving many of the same utility and renewable-energy customers as Magna IV.
- Sunbelt Solomon Services: Parent company of Magna IV since the July 2024 acquisition; a broader electrical power solutions platform offering transformer services, substation construction, and field services across 35+ locations in the US, Canada, and Chile.
- Powell Industries: Manufacturer of power distribution and control equipment with an adjacent services and aftermarket business for switchgear modernization and life extension — comparable to Magna IV's switchgear retrofit and breaker reconditioning services.
Direct peers
- Shermco Industries: One of the largest independent NETA-accredited electrical testing, maintenance, and engineering service providers in North America, serving utilities, industrial, and commercial customers with a similar integrated engineering-and-field-service model to Magna IV.
- RESA Power: NETA-accredited provider of electrical testing, life-extension, and field services for power distribution and circuit breaker equipment — directly comparable to Magna IV's Technical Field Services and BBS Canada switchgear restoration lines.
- Circuit Breaker Sales & Service: Independent remanufacturer and reconditioner of low- and medium-voltage circuit breakers and switchgear, closely analogous to Magna IV's BBS Canada subsidiary in switching-device restoration and life-extension services.
Emerging players
- Doble Engineering: Provider of diagnostic instruments and engineering services for electric power equipment, including dissolved gas analysis and insulation testing — complementary and partially overlapping with Magna IV's insulating fluid analysis and power-system studies capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Magna IV Engineering social profiles
Digital presenceMagna IV Engineering compliance and trust
Trust signalCompliance4 records
Magna IV Engineering financial estimates
Financial estimateRevenue estimate
Valuation estimate
Magna IV Engineering leadership team
Management profileNumber of profiles
Profiles4 records
Magna IV Engineering subsidiaries and ownership
Company hierarchySubsidiaries3 records
Magna IV Engineering funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Magna IV Engineering M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Magna IV Engineering
What does Magna IV Engineering do?
Magna IV Engineering is a NETA-accredited provider of electrical engineering consulting, automation and control solutions, technical field services (testing, maintenance, commissioning), and life extension/remanufacturing services for high, medium, and low voltage power systems. It also delivers electrical safety training programs (Arc Flash, Qualified Electrical Worker, Non-Electrical Worker, and refresher courses) through classroom and on-site delivery. Its subsidiary BBS Canada provides breaker restoration, while clients span industrial, utility, data center, oil & gas, mining, and infrastructure/commercial sectors across North and South America.
Is Magna IV Engineering a public or private company?
Magna IV Engineering is a private company. It is classified as private equity controlled and is currently operating.
When was Magna IV Engineering founded?
Magna IV Engineering was founded in 1982. It employs 101 to 250 people.
Where is Magna IV Engineering based?
Magna IV Engineering is headquartered in Edmonton, Canada, in the North America region.
How does Magna IV Engineering make money?
Five revenue lines are on record. Technical Field Services are the primary driver. The others are electrical Engineering Consulting, electrical Safety Training, switching Device Restoration and switchgear Modernization.
Who are Magna IV Engineering's main competitors?
Broad incumbents on record are ABB, Eaton Corporation, Vertiv Holdings, Quanta Services, Sunbelt Solomon Services and Powell Industries. Direct peers are Shermco Industries, RESA Power and Circuit Breaker Sales & Service. Doble Engineering is listed as an emerging player.
Does Magna IV Engineering have an API?
No public API is recorded for Magna IV Engineering.
What industry is Magna IV Engineering in?
Magna IV Engineering's product category is Electrical Engineering Services. Its primary akta.pro industry code is BPAHAIAL, Testing, Inspection, Certification & Commissioning (TICx) Technical Services, with a secondary code of EUADAKAG, Engineering design services (line design, substation design, civil/structural). Its NAICS code is 541330 and its SIC code is 8700.