Northern Mat & Bridge LP

Northern Mat & Bridge LP

Service provider in temporary access solutions to the oil and gas, construction, pipeline, mining and utilities industries.

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DateInvestorsAmountRound
investor

€0.0

round
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CAD325m

Valuation: CAD325m

Acquisition
Total Funding000k
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Established in 1999, Northern Mat & Bridge LP (NMB) operates as a key provider of temporary access solutions across North America, specializing in services for challenging and environmentally sensitive terrains. The company was founded in Grande Prairie, Alberta, and has grown from a small team to a large organization with locations across Canada. In the fall of 2007, Darren Francis joined as Chief Executive Officer, partnering with the three founders. His background includes 12 years in the road construction industry. A significant milestone in the company's history was its acquisition by Exchange Income Corporation (EIC) in May 2022 for an enterprise value of $325 million.

NMB serves a diverse industrial client base, including the oil and gas, pipeline, mining, utilities, power transmission, forestry, and general construction sectors. The company's business model is centered around providing comprehensive, turn-key access solutions, which encompass sales, rentals, and leasing of its products. Revenue is generated through this multi-faceted approach, which includes manufacturing, transportation, installation, and removal of access products. This integrated model allows for streamlined, cost-effective project management for its clients. The company's offerings are designed to enable heavy equipment and crews to operate safely in remote or difficult areas, minimizing project delays and environmental impact.

The core of NMB's service offering is its wide range of access products, including wooden access mats, steel-frame rig mats, crane mats, and temporary or permanent bridges. As one of Canada's largest access mat manufacturers, NMB controls product quality through its in-house manufacturing capabilities. A key feature of their service is an advanced inventory management system that tracks equipment and crews in real-time, providing clients with accurate project status and billing reports. The company's products provide an alternative to constructing temporary gravel roads, reducing environmental disturbance and helping clients minimize their ecological footprint. NMB has also established numerous partnerships with Indigenous communities, reflecting a commitment to economic reconciliation and understanding land use concerns.

Keywords: temporary access solutions, access mats, portable bridges, rig mats, crane mats, environmental site access, remote project access, industrial matting, Canadian infrastructure, energy sector supplier, pipeline access, mining construction, utility infrastructure, turn-key access services, mat rentals, bridge rentals, ground protection mats, sustainable forestry sourcing, Exchange Income Corporation subsidiary, Indigenous business partnerships

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