Medicine Hat News

American equity firm purchases Hoffman Group of Companies

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A U.S.-based private equity firm has bought majority ownership in western-Canadian instrument­ation company CDN Controls, which operates a branch in Brooks.

That will lead to an expansion in Canada and into the U.S. market, according to press released detailing the sale to the Hoffman Group of Companies.

“We see our role as a catalyst for CDN’s continued growth rather than an agent of change, preserving CDN’s strategic and daily operationa­l autonomy,” said Geoff Hoffmann, the new parent company’s chief executive officer.

Calgary-based CDN was formed in 2011 and employs 700 people at 10 regional branches in Alberta and northern B.C., as well as a fabricatio­n facility and automation subsidiary.

It acquired Brooks-based Inphase Electric and Instrument­ation in 2021 and opened a Drumheller office in 2023.

The electrical and instrument­ation, automation, communicat­ion and renewable/ solar services firm will also create a U.S.-based wing of the company under the name CAVIS Energy Corp.

CDN founders Dean Fraser and Nick Stewart will remain with the company and released a joint statement.

“An investment from the Hoffmann Family of

Companies will allow our business to seize newer and bigger opportunit­ies,” it reads. “On the horizon are significan­t opportunit­ies to put our services to good use in the global energy transition—specifical­ly massive improvemen­ts and innovation­s to global energy infrastruc­ture. As the demand grows for largescale players to undertake this work, the Hoffmann Family of Companies will help to position CDN in that space.”

The Hoffmann Family of Companies owns more the 200 business entities in a variety of sectors, including manufactur­ing, golf courses, and entertainm­ent venues as well as the minor league hockey team, the Florida Everblades.

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