About MechCan
MechCan is a company based in Toronto (Canada) founded in 2022 by Spencer Ross. It operates as a B2B. MechCan has completed 2 acquisitions, including Acecare and Pope & Sons. MechCan offers products and services including Business Acquisition Services and Partnership Programs. MechCan operates in a competitive market with competitors including Premier Technical Services Group, Emcor Group, Ferguson, Advanced Technology Services and STARC Systems, among others.
- Headquarter Toronto, Canada
- Founders Spencer Ross
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Sectors
Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Mechcan Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Acecare
& 1 more
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Products & Services of MechCan
MechCan offers a comprehensive portfolio of products and services, including Business Acquisition Services and Partnership Programs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Helps contractors sell stakes while preserving legacy and operations
Provides capital and shared services for operational growth
Funding Insights of MechCan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by MechCan
MechCan has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Acecare and Pope & Sons. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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HVAC repair services are provided in Burnaby, Canada.
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2003 | ||||
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Provider of heating and air conditioning installation and maintenance services
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MechCan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mechcan Comparisons
Competitors of MechCan
MechCan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Premier Technical Services Group, Emcor Group, Ferguson, Advanced Technology Services and STARC Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Equipment services are provided in access, safety, and electrical divisions.
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| domain | founded_year | HQ Location |
Offers mechanical construction, electrical services, energy, and facilities solutions.
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| domain | founded_year | HQ Location |
Construction materials are distributed by Ferguson through multiple brands.
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| domain | founded_year | HQ Location |
Industrial maintenance and MRO services are provided to industrial clients.
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| domain | founded_year | HQ Location |
Temporary wall systems and dust containment are manufactured.
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| domain | founded_year | HQ Location |
Provider of building maintenance services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mechcan
Frequently Asked Questions about MechCan
When was MechCan founded?
MechCan was founded in 2022.
Where is MechCan located?
MechCan is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does MechCan do?
MechCan is a Canadian company that acquires stakes in and partners with HVAC, plumbing, and electrical contractors. It helps owners realize business value while preserving brands, customers, and employees through fair valuations, flexible structures, and operational autonomy. The firm provides access to capital, shared services, and a network of partners, emphasizing integrity and quick decisions. Based in Canada, it supports business growth and legacy protection for like-minded owners.
Who are the top competitors of MechCan?
MechCan's top competitors include Ferguson, Premier Technical Services Group and Advanced Technology Services.
What products or services does MechCan offer?
MechCan offers Business Acquisition Services and Partnership Programs.
How many acquisitions has MechCan made?
MechCan has made 2 acquisitions, including Acecare, and Pope & Sons.