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Vortex Companies, a global leader in trenchless infrastructure solutions, announced the acquisition of Foraction, a Quebec-based provider of trenchless watermain renewal services. Founded in 1996, Foraction has rehabilitated approximately 1 million feet of water pipelines across Canada and the U.S. Post-acquisition, Foraction will operate under the name Vortex Infrastructure Services Inc. Jean-Philippe Bédard, formerly Foraction’s Director of Rehabilitation, will assume the role of CEO. The acquisition aims to enhance Vortex’s capabilities in the potable water market through the integration of Foraction’s specialized expertise and technologies.
Parties
Company
Vortex Companies
Company
Foraction Inc.
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
09 May 2025