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ENTERPRISE GROUP ANNOUNCES RESULTS FOR FOURTH QUARTER AND FULL YEAR 2016

March 20, 2017 - St. Albert, AB – Enterprise Group, Inc. (“Enterprise,” or “the Company”) [TSX: E], a consolidator of services to the energy sector; focused primarily on construction services and specialized equipment rental, today released its Q4 2016 and FY2016 results.

 

 

Consolidated:

 

Three months December 31, 2016

Three months December 31, 2015
restated(3)(4)

 

Year ended
December 31,
2016

Year ended
December 31,...

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ENTERPRISE GROUP PROVIDES UPDATE FOLLOWING ASSET SALE

August 23, 2016 - St. Albert, AB – Enterprise Group, Inc. (“Enterprise,” or “the Company”) [TSX:E] is pleased to provide an update on its business following the sale of substantially all of the assets of its utility construction business unit, T.C. Backhoe & Directional Drilling (“TCB”). The Company completed this transaction on July 7, 2016.

Gross proceeds from this transaction were approximately $20.3 million, subject to post-closing adjustments, including payment of $3.4 million of working capital. ...

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