York Group buys Toronto-area shoring, foundation contractor Rumble Foundations
October 15, 2019 by On-Site Staff
The Vaughan, Ont.-based York Group of Companies is expanding its construction services offering with the acquisition of Rumble Foundations (Ontario) Ltd.
York announced Oct. 15 it closed the purchase of the Mississauga, Ont.-based company at the beginning of the month.
Financial terms of the deal were not disclosed.
“Our customer proposition is at the heart of this combination,” Brian Brunetti, York’s president and COO, said in a release. “The combination of Rumble Foundations and York enables us to provide integrated services spanning demolition, excavation, shoring and foundations to our infrastructure and development customers.”
Founded in 1991, Rumble Foundations is best known for shoring, underpinning and foundation installations on high rise residential projects, as well as on industrial and commercial builds around the Greater Toronto Area. David Rumble, the company’s founder and CEO, said he expects the deal to accelerate the business’s growth.
Prior to the deal, the York Group’s construction operations focussed on demolition, excavation and soil remediation.