York Group of Companies, a Vaughan, Ontario-based excavating and construction services company backed by Fengate Asset Management, has acquired Toronto, Ontario-based MCS Group, a hydrovac excavation specialist. Financial terms were not disclosed. In January 2021, Fengate Asset Management completed an investment in York, which provided the company with growth capital to continue to execute on its pipeline of M&A opportunities.
Bennett Jones LLP advised York Excavating & Grading Ltd. with a team including
Curtis A. Cusinato (corporate).