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NAPEC

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Namestring
NAPEC
Websiteurl
napec.ca
Company typeenum
Private
Founded yearint
1952
Descriptiontext

NAPEC is a Canadian provider of construction and maintenance services to the public utility and heavy industrial markets, headquartered in Drummondville, Quebec. Founded in 1952, the company built its business around serving regulated utility infrastructure and industrial customers — typically through project-based contracts for installation, maintenance, and related field services. The company historically operated as a publicly traded entity on the TSX under the ticker NPC before being delisted, indicating a subsequent corporate transaction (sale, going-private, or restructuring). The business model is services-based: revenue is generated through contracted construction and maintenance work for utility and heavy industrial clients, with execution dependent on crew availability, specialized equipment, and safety/regulatory qualifications. The recorded inorganic activity is limited to the January 2018 acquisition of H. T. Sweeney & Son for an undisclosed amount, which is consistent with a roll-up or capability-extension strategy in the utility construction vertical. No product portfolio, technology stack, pricing model, or customer roster is disclosed in the available source data, so the description of revenue mechanics and customer engagement is necessarily limited to the services-contracting archetype.

Short descriptiontext

NAPEC is a Canadian construction and maintenance services provider serving public utility and heavy industrial markets, headquartered in Drummondville, Quebec, and formerly TSX-listed under NPC.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersDrummondville, Canada
HQ citystring
Drummondville
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
utility construction services, industrial maintenance services, heavy infrastructure construction, public utility contracting, industrial site maintenance
Industry1 code
1Building Automation & Controls (BAS/BMS) Contracting
CodeIMAFALAEPrimaryYes
NAICS code1 code
  • Administrative and Support Services561
SIC code1 code
  • Services-Facilities Support Management Services8744
Product category
Utility and Heavy Industrial Construction Services
No data
Cost components4 values
Personnel, Operations, Supply Chain, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

NAPEC provides construction and maintenance services to the public utility and heavy industrial markets. The company delivers infrastructure and on-site service work for utility operators and industrial clients, with operating roots traced back to 1952 and a headquarters in Drummondville, Canada.

Differentiator
Functional benefit
Problem solved
Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Large multi-trade facilities and industrial services provider covering electrical, mechanical, and building services for utility, industrial, and commercial clients — broader portfolio but materially overlapping with NAPEC's service lines.

TypeRegional player
Description

Canadian electrical and communications contractor serving utility, commercial, and industrial clients; comparable specialty services profile with a Canada-centric operating footprint like NAPEC.

TypeBroad incumbent
Description

Major Canadian engineering, construction, and nuclear services firm with sizeable utility and industrial maintenance exposure — comparable in end-market and Canadian footprint though much larger and more diversified.

TypeDirect peer
Description

North American infrastructure construction company providing utility, pipeline, and industrial services, with a heavy mix of recurring maintenance work similar to NAPEC's positioning.

TypeDirect peer
Description

Large North American utility-services platform delivering electric power, oil & gas pipeline, and renewable infrastructure construction and maintenance — directly comparable in end markets and scope to NAPEC.

TypeBroad incumbent
Description

Canadian engineering and construction services firm serving power, utility, and industrial customers; broader professional services scope but overlapping end markets with NAPEC's heavy-industrial and utility focus.

TypeDirect peer
Description

Specialty electrical construction firm focused on transmission, distribution, and commercial/industrial markets; comparable specialty contractor profile with utility and heavy-industrial customers.

TypeDirect peer
Description

Major North American infrastructure construction contractor serving utilities, oil & gas, and clean energy customers; overlaps heavily with NAPEC's utility construction and maintenance service lines.

TypeDirect peer
Description

Canadian privately held contractor delivering utility, industrial, and facilities construction and maintenance services across Canada — direct comparable in geography and service mix.

TypeDirect peer
Description

Canadian construction and infrastructure services firm with significant utility, industrial, and pipeline operations — the closest domestic peer to NAPEC's utility/heavy-industrial construction and maintenance profile.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile2 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

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

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

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

Investors

Each record includes

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

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

M&A1 record

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 →

NAPEC

Utility and Heavy Industrial Construction Servicesnapec.ca

NAPEC is a Canadian construction and maintenance services provider serving public utility and heavy industrial markets, headquartered in Drummondville, Quebec, and formerly TSX-listed under NPC.

What NAPEC does

NAPEC is a Canadian provider of construction and maintenance services to the public utility and heavy industrial markets, headquartered in Drummondville, Quebec. Founded in 1952, the company built its business around serving regulated utility infrastructure and industrial customers — typically through project-based contracts for installation, maintenance, and related field services. The company historically operated as a publicly traded entity on the TSX under the ticker NPC before being delisted, indicating a subsequent corporate transaction (sale, going-private, or restructuring). The business model is services-based: revenue is generated through contracted construction and maintenance work for utility and heavy industrial clients, with execution dependent on crew availability, specialized equipment, and safety/regulatory qualifications. The recorded inorganic activity is limited to the January 2018 acquisition of H. T. Sweeney & Son for an undisclosed amount, which is consistent with a roll-up or capability-extension strategy in the utility construction vertical. No product portfolio, technology stack, pricing model, or customer roster is disclosed in the available source data, so the description of revenue mechanics and customer engagement is necessarily limited to the services-contracting archetype.

NAPEC firmographics

Firmographics
Name
NAPEC
Website
https://napec.ca
Company type
Private
Founded year
1952
Operating status
Operating
Headcount range
1–10 employees
Short description
NAPEC is a Canadian construction and maintenance services provider serving public utility and heavy industrial markets, headquartered in Drummondville, Quebec, and formerly TSX-listed under NPC.
Ownership category
akta.pro rank

NAPEC industry classification

Industry
Product category
Utility and Heavy Industrial Construction Services
NAICS
Administrative and Support Services (561)
SIC
Services-Facilities Support Management Services (8744)
akta.pro primary industry
Building Automation & Controls (BAS/BMS) Contracting (IMAFALAE)

Keywords

  • Utility construction services
  • Industrial maintenance services
  • Heavy infrastructure construction
  • Public utility contracting
  • Industrial site maintenance

Where NAPEC is headquartered

Location

Headquarters

HQ city
Drummondville
HQ country
Canada
HQ region
North America

Markets served

NAPEC business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Infrastructure

NAPEC product offering

Product offering

Core offering

NAPEC provides construction and maintenance services to the public utility and heavy industrial markets. The company delivers infrastructure and on-site service work for utility operators and industrial clients, with operating roots traced back to 1952 and a headquarters in Drummondville, Canada.

Differentiator

Problem solved

Functional benefit

Companies that use NAPEC

Customer profile

Ideal customer profiles2 records

NAPEC technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

NAPEC partnerships and signals

Strategic signal

Recent moves2 records

Expansion highlights3 records

NAPEC competitors and assessment

Company assessment

Broad incumbents

  • EMCOR Group: Large multi-trade facilities and industrial services provider covering electrical, mechanical, and building services for utility, industrial, and commercial clients — broader portfolio but materially overlapping with NAPEC's service lines.
  • AtkinsRéalis (formerly SNC-Lavalin): Major Canadian engineering, construction, and nuclear services firm with sizeable utility and industrial maintenance exposure — comparable in end-market and Canadian footprint though much larger and more diversified.
  • Stantec: Canadian engineering and construction services firm serving power, utility, and industrial customers; broader professional services scope but overlapping end markets with NAPEC's heavy-industrial and utility focus.

Regional players

  • Plan Group: Canadian electrical and communications contractor serving utility, commercial, and industrial clients; comparable specialty services profile with a Canada-centric operating footprint like NAPEC.

Direct peers

  • Primoris Services: North American infrastructure construction company providing utility, pipeline, and industrial services, with a heavy mix of recurring maintenance work similar to NAPEC's positioning.
  • Quanta Services: Large North American utility-services platform delivering electric power, oil & gas pipeline, and renewable infrastructure construction and maintenance — directly comparable in end markets and scope to NAPEC.
  • MYR Group: Specialty electrical construction firm focused on transmission, distribution, and commercial/industrial markets; comparable specialty contractor profile with utility and heavy-industrial customers.
  • MasTec: Major North American infrastructure construction contractor serving utilities, oil & gas, and clean energy customers; overlaps heavily with NAPEC's utility construction and maintenance service lines.
  • Black & McDonald: Canadian privately held contractor delivering utility, industrial, and facilities construction and maintenance services across Canada — direct comparable in geography and service mix.
  • Aecon Group: Canadian construction and infrastructure services firm with significant utility, industrial, and pipeline operations — the closest domestic peer to NAPEC's utility/heavy-industrial construction and maintenance profile.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights4 records

Customer concentration

NAPEC financial estimates

Financial estimate

Revenue estimate

Valuation estimate

NAPEC leadership team

Management profile

Number of profiles

NAPEC funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

NAPEC M&A and investment

M&A and investment

M&A1 record

Investments

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

Frequently asked questions about NAPEC

What does NAPEC do?

NAPEC provides construction and maintenance services to the public utility and heavy industrial markets. The company delivers infrastructure and on-site service work for utility operators and industrial clients, with operating roots traced back to 1952 and a headquarters in Drummondville, Canada.

When was NAPEC founded?

NAPEC was founded in 1952. It employs 1 to 10 people.

Where is NAPEC based?

NAPEC is headquartered in Drummondville, Canada, in the North America region.

Who are NAPEC's main competitors?

Broad incumbents on record are EMCOR Group, AtkinsRéalis (formerly SNC-Lavalin) and Stantec. Plan Group is listed as a regional player. Direct peers are Primoris Services, Quanta Services, MYR Group, MasTec, Black & McDonald and Aecon Group.

Does NAPEC have an API?

No public API is recorded for NAPEC.

What industry is NAPEC in?

NAPEC's product category is Utility and Heavy Industrial Construction Services. Its primary akta.pro industry code is IMAFALAE, Building Automation & Controls (BAS/BMS) Contracting. Its NAICS code is 561 and its SIC code is 8744.

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Live signals
GlobeNewswireNAPEC Inc. Announces Completion of the Arrangement With an Affiliate of OaktreeNAPEC Inc. completed its statutory arrangement with Oaktree Capital Management affiliate, with the affiliate acquiring all shares for $1.95 per share in cash. Warrantholders receive the excess over their exercise price, and payments will be made by Computershare. The company expects to be de-listed from the Toronto Stock Exchange on or about February 16, 2018.GlobeNewswireNAPEC Inc. Announces Receipt of Final Court Approval for the Arrangement With an Affiliate of OaktreeNAPEC Inc. received final court approval for its statutory arrangement with Oaktree Capital Management, which will acquire all common shares for $1.95 per share. The arrangement is expected to be completed by the end of February 2018, after which NAPEC's shares will be delisted from the Toronto Stock Exchange.GlobeNewswireNAPEC Inc. Announces Securityholders Approval of the Arrangement With an Affiliate of Oaktree and Receipt of Regulatory ApprovalNAPEC Inc. announced that its shareholders approved an arrangement for Oaktree Capital Management to acquire all its shares at $1.95 per share. The deal received regulatory approval, with a Québec court hearing scheduled for February 7, 2018, and completion anticipated before the end of February 2018.GlobeNewswireNAPEC Inc. Reports Results for the Third Quarter of 2017NAPEC reported Q3 2017 revenues of $106.7 million, up 24.9% year-over-year, with adjusted EBITDA of $11.0 million and net earnings of $2.6 million. The company also announced a $80 million U.S. transmission line contract and held a conference call on November 8.GlobeNewswireNAPEC Inc. Reports Results for the Second Quarter of 2017NAPEC reported Q2 2017 revenue of $112.2 million, up 44.2% year-over-year, with net earnings of $534,000. The increase reflects PCT's acquisition and currency effects, while organic growth was 17.7%. Management expects organic revenue growth in 2017.GlobeNewswireNapec Inc. Reports on Shareholders' Voting Results for the Election of DirectorsNAPEC Inc. held its annual and special shareholder meeting on June 1, 2017, and all proposed directors were elected. Shareholders approved By-law Fourteen on advance notice of director nominations by 76.23%.GlobeNewswireNAPEC Inc. Reports Results for the First Quarter of 2017NAPEC Inc. reported Q1 2017 revenue of $109.4 million, up 18% year-over-year, and net earnings of $594,000, reversing a prior-year loss. EBITDA rose to $8.8 million, and backlog increased to $563 million. The company expects revenue growth in fiscal 2017.GlobeNewswireNAPEC Inc. Announces New Contracts With a Total Value of Close to $60.0 MillionNAPEC Inc. announced new contracts for its subsidiaries totaling close to $60 million. The U.S. subsidiary Riggs Distler & Company received two contracts worth about $40 million, and the Canadian subsidiary Thirau obtained two contracts from Hydro-Québec worth $6.3 million. The agreements include transmission line construction, a solar project, and substation work.GlobeNewswireNAPEC Inc. Reports Results for the 2016 Fourth Quarter and Fiscal Year-EndNAPEC reported Q4 2016 revenues of $97.4 million and a net loss of $2.4 million, while fiscal 2016 revenues were $353.3 million and net loss $3.7 million. Adjusted EBITDA margin improved to 7.1% of revenues, and the order backlog rose to $600 million. The company expects revenue growth in 2017, mainly in the gas sector.GlobeNewswireNAPEC Inc. Announces Adoption of an Advance Notice By-LawNAPEC Inc. announced its board adopted an advance notice by-law requiring shareholders to give notice for director nominations. The by-law sets notice periods of 30-65 days for annual meetings and 15 days for special meetings, effective immediately until ratified.