Phoenix Petroleum Welcomes New Partners
Fredericton, NB: Phoenix Petroleum, a world-leading general contracting and engineering company, is pleased to welcome new partners Donald Chisholm and Jeffrey McNeil in a deal brokered by Confederation M&A. Donald and Jeffrey officially joined as partners in the ownership team effective April 21, 2021.
Phoenix Petroleum was founded in 2002 by Kevin Nicklin. With its headquarters based out of Fredericton, NB, Phoenix operates across Canada with three other office locations in Dartmouth, NS, London, ON and Edmonton, AB. Phoenix employs over 100 people and specializes in designing, building and managing facilities for the downstream petroleum industry. The company currently has a client base across Canada, the Caribbean and South America.
“Donald and Jeffrey, both from Nova Scotia, are leaders who are going to help strategically and successfully grow Phoenix. We all share like-minded business strategies which will help bring positive value to our future growth”, said founder and President Kevin Nicklin. “I am thrilled to add Donald and Jeffrey to our leadership team. The future is bright for Phoenix Petroleum Ltd.”
Donald Chisholm is the President and owner of Nova Construction. Nova Construction has been an influential civil construction company in Atlantic Canada for over half a century. “It is exciting to be contributing to the strategic path forward for Phoenix Petroleum,” says Chisholm. “Complementing my career by supporting a company that works nationally and internationally, has a strong work ethic and delivers a superior service is an excellent opportunity.”
Jeffrey McNeil joins Phoenix Petroleum as CEO and will help drive the company forward nationally and internationally. “It is plain to see the value in Phoenix Petroleum Ltd. as a diverse company offering superior service including design, construction and maintenance highlighted with the ability to deliver results to clients from planning stages through to completion,” says McNeil. “I look forward to contributing to the growth of the business and providing robust full-service results to our clients both nationally and internationally.”
As Phoenix Petroleum enters a new phase, Nicklin will continue his role as an Owner and President working alongside Donald and Jeffrey.
Partner, Confederation M&A